The aim of this course is to develop knowledge and understanding of the underlying principles and
concepts relating to Financial Accounting and to develop technical proficiency in the use of doubleentry
accounting techniques, including the preparation of basic financial statements for single
entities. Students are also introduced to basic techniques for the interpretation of financial
statements.
On completion of this course, students will reach a competency level sufficient to be able to:
- Explain the context, purpose and qualitative characteristics of financial information
- Record transactions and events using the double-entry accounting system
- Prepare an extended (adjusted) trial balance
- Prepare basic financial statements for incorporated and unincorporated entities.
- Interpret financial statements
Course Features
- Lectures 20
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 15
- Assessments Yes
Curriculum
- 14 Sections
- 20 Lessons
- 10 Weeks
Expand all sectionsCollapse all sections
- Introduction to Accounting1
- Accounting Equation1
- Day Books3
- Double Entry1
- Final Accounts - Sole Proprietor1
- Statement of Cash Flow1
- Adjustment to Final Accounts4
- Bank Reconciliation Statement1
- Control Accounts1
- Correction of Errors1
- Single Entry & Incomplete Records1
- Accounting for Non-Profit Making Organisation1
- Partnership Accounts2
- Ethics in Accounting1
