Recognize The Concepts, Principles And Assumptions Underlying Financial Accounting, In Accordance With Ifrss

Principles of Financial Accounting (ACCT100)

This course aims at introducing the financial accounting principles and framework. It covers the preparation of financial statements,the accounting cycle in both service and merchandising organizations, and problems of accounting measurement

Learning Outcomes

At the end of the course, students will be able to :

1. Apply Procedures To Account For Assets And Current Liabilities
2. Apply The Accounting Equation To Analyze Business Events
3. Demonstrate Teamwork In Problem Solving
4. Demonstrate Understanding Of The Basic Steps In The Accounting Cycle
5. Recognize The Concepts, Principles And Assumptions Underlying Financial Accounting, In Accordance With Ifrss
6. Recognize The Financial Statements Contents And Their Uses