Topic outline

  • Introductory Note from Faculty!

    Introductory Note from Faculty!

    Dear Students, 

    My salam & greetings for all of you. I congratulate you for joining our Real Estate Family at DIU. This is a unique department and undergraduate program in Bangladesh. You people deal with the dream of people. You people deal with on of the basic needs of people. In our Contemporary Issues of Real Estate course we will study and learn the recent and upcoming issues of the industry that might affect the real estate sector. Wish all of you a good luck!MRI


  • Course Introduction, Objectives and Outcome


    Course introduction:

    Don’t worry at all! This is an introductory accounting course which is very interesting and somewhat funny. Of course very important for all irrespective of our discipline. In teaches us the basic accounting issues to enrich us with the fundamental activities of accounting so that we may have at least the minimum command on the financial activities of the organization as well we can engage ourselves in the business decision process. We hope to enjoy the course.  

    Course Objectives:

    (a) Understand the role and principles of financial accounting and reporting

    (b) Record, handle and summarize accounting data

    (c) Prepare financial statements for service and real estate construction companies

    (d) Have thorough grounding and the technical skills of accounting necessary to work as an accountant more efficiently and effectively.

    Expected outcome of the course:

    After completing this course we are expected to have the following skills and knowledge in us:

    (a)    Understanding the business transactions and their effect in the accounting equation.

    (b)   Differentiating between economic and non-economic activities of business organization

    (c)    Recording the transactions in the accounting system by using different accounting tools like journal, ledger, trial balance etc

    (d)   Making the adjustments at the end of accounting time periods

    (e)    Preparing financial statements

    (f)     Completing the accounting process

    (g)   Making financial decision of business

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  • Course outline and Text Books

    GE 235: 

    Principles of Accounting, Business & Economics

    Beyond the text and theories, this course will deal with the contemporary problems and solutions of real estate business in Bangladesh. The management system, legal issues, logistic aspects and contemporary social issues are within the boundary of this course.

    The topics to be covered are: Real Estate Land Procurement System, Feasibility Study of the Project and Decisions, Real Estate Sales Management, Real Estate Marketing and Promotion, Optimum Project Management System for Developers, Materials Purchase Management & Purchase Chain Analysis, Recruitment Policies and Strategies, Construction Management System, Post Sales Service Management of the Project, Legal Issues of Real Estate Business, Real Estate Logistics Aspects, Internal and External Forces of Real Estate Business, Importance of Customer Care, Project Beautification, Importance of Customer Care, Project Beautification, Project Security Management, Project Management System & Formation of Cooperative Society after Hand Over of the Project by the Developers, Research and Development of Real Estate Issues, Project Security Management, Coordination among Different Departments of Real Estate, the Role of Architecture in Real Estate Business, Project Security Management

    Textbook:

    (1) Accounting Principles by Kieso, 12th Edition

    (2) Microeconomics by Michael Parkin

    Reference Book:

    1. Sceneer'Business for 21st Century



  • Assessment Strategy and Industrial Attachment Guide

    The central assessment strategy will be strictly followed by the term exams like Midterm & Semester Final. But for the rest of the sections like quiz, class test, assignment and presentation we may follow different ways like, case studies, visit to industry and tax fair or other related stakeholders. However, the marks distribution is as follow:

    Class attendance:                            7 Marks

    Class test/ Quiz:                               15 Marks

    Assignment:                                       5 Marks

    Presentation:                                    8 Marks

    Midterm Examination:                   25 marks

    Semester Final:                               40 Marks

    Total:                                                 100 Marks



    For practical experience following approaches will be followed:

    (i)                 Workshop and visit to real estate firms and sites

    (ii)                Real data based case study solving

    (iii)             Real life examples and case study

    (iv)            Sending students to fair and part-time  placement to real estate companies

    ASSESSMENT RUBRICS 


    • Course requirement

      As the students of Software Engineering you are expected to learn the way accounting data may assist in the software industry.  Further you are expected to develop your understanding of business concepts and ideas. Finally from this course you will learn the fundamental concepts of economics.

      • Lectures on Chapter 01: Accounting in Action

        Learning objectives of this chapter:

        (a) Fundamental concepts of accounting including, definition  of  Accounting;  Users  of  Accounting,  Brief history of accounting, Book Keeping and accounting, The Accounting  profession,  Ethics,  fundamental  business concepts.

        (b) Understanding and analysing the business transactions

        (c) Preparing financial statements (Income statement, Owner's equity statement and balance sheet

        Outcome of this chapter include the following:

        (1) Being able to distinguish between economic and non-economic activities of business organization

        (2) Understand and explain the effect of transactions on the accounting equation

        (3) Measuring performance of the business organization

        (4) Being able to identify any changes in the owner's capital invested in the business.

        Learning materials and methods are:

        (i) Live class

        (ii) Recorded video and audio

        (iii) PowerPoint

        (iv) Materials from text book.

      • Conceptual Framework of Accounting

        Learning objectives:

        The learning objectives of this chapter are:

        (a) Understanding the basic rules and regulations which are called accounting guidelines

        (b) Learning the process of developing accounting guidelines

        (c) To know the necessity and practices of those accounting guidelines


        Expected outcomes of this chapter:

        (i) Being able to explain the concept and necessity of accounting guideline

        (ii) Being able to discuss the accounting guidelines like accounting principles and assumptions

        (iii) Understand the process of constructing accounting guidelines

        Teaching materials and methods:

        (1) Real time class iteration

        (2) Video clips

        (3) PowerPoint

      • The recording Process

        The objectives of this chapter are as under:

        (a) To learn the recording tools and concepts used in accounting

        (b) Understanding the T - account, debit and credit concepts and the modern debit credit identification process

        (c) Learning the process of recording the business transactions in the accounting system

        (d) Learning the techniques of preparing journal, ledger and trial balance

        (e) Purpose and limitation of a trial balance


        Outcome of this chapter:

        (i) Misconception about debit credit will be resolved

        (ii) Will be able to identify the debit and credit items easily

        (iii) Will be able to record the transactions, prepare ledger and trial balance

        (iv) Will be capable to explain the merits and shortcomings of a rial balance


        Teaching and learning materials to be used:  

        (1) PowerPoint and Short Video

        (2) Text Book and guide materials

        (3) Live class

      • Introduction to Economics

        Learning objectives:

        Learning outcome of this chapter are as under:

        (a) To know the fundamental concepts of economics

        (b) To know the basic activities and concepts of economics


        Learning Outcome:

        After completing this chapter we will be able:

        (a) Define the economics as well as they will be able to explain different basic concepts of economics

        (b) To demonstrate the basic activities of economics with applicability in the related field of study 


        Study materials and methods:

        (a) Book Chapter

        (b) PPT materials

        (c) Case studies 

      • Midterm Examination (11 July 2020)

        Part: A (MCQ); 15 MCQ for 15 Marks;             Opening time: 12:01 PM

        Part: B (Answer any one) 10 marks;                Opening Time: 12:35 PM

      • Supply & Demand (2nd Chapter- Economics)

        Learning objectives:

        The learning objectives of this chapter are as under:

        (a) To have a better understand of supply and demand

        (b) To know the factors affecting supply and demand

        (c) To know the techniques of controlling supply and demand


        Learning Outcome:

        After finishing this chapter we will be able:

        (a) To explain the techniques to be considered to control supply and demand

        (b) To explain and display how the demand and supply factors are changed

        (c) To explain the concept of equilibrium in the market


        Study materials and methods:

        (a) Book Chapter

        (b) Research Article

        (c)  PowerPoint

        (d) Live class and discussion

      • Semester Final Examination

        Class test 03: Based on chapters 09 or 10

        Format: Case analysis

        Term report & Viva: This one will be your research work which we can publish in journal

        Presentation: They will make their video presentation at home and submit online. 

        Semester Final Examination: It will be held as per the schedule of the office of the controller of examinations.

        Marks of Semester Final Exam: 40


        • Final Examination; 26 August 2020

          Part- A:                                                                                                            Opening Time: 3:00 PM

          # 18 MCQs for 18 Marks

          # 5 Short questions for 10 marks

          N.B.: Short questions should be answered in the answer box of BLC

          Time allowed: 1 hour 15 minutes


          Part- B: Problem solving                                                                                  Opening Time: 4:30 PM

          Note: Two small mathematical problems need to solved

          Time Allowed: 45 Minutes; Total Marks: 12