- The nature, scope, and purpose of accounting
- Evolution of accounting divisions
- The users of financial statements and their information requirements
- Roles and types of accountants
- Accounting theory: Terminologies, concepts, assumptions, and conventions
- Theory and mechanics of double-entry bookkeeping:
- Books of original entry
- Cash book and petty cash books
- The ledger classifications
- Trial balance and correction of errors
- Suspense account
- Accounting for depreciation and non-current assets
- Basic financial statements
- Preparation of final accounts of business concerns without adjustments:
- Statement of financial position
- Statement of comprehensive income
- Sources and application of funds statements
- The valuation of assets and measurement of business income
- The interpretation of accounts
- Significant accounting/financial ratios
- Computer accounting applications and software packages
Course Features
- Lecture 0
- Quiz 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
