Synopsis:

This course introduces students to the fundamentals of bookkeeping and principles of financial accounting. It explains the accounting equation, identifies steps to complete the accounting cycle and the nature of the financial statement. The course also trains students on the concepts of finance, time value of money, short term and long term financing.

Credit Value: 3

Course Learning Outcome:

1. Explain the key principles and concepts of accounting (C2).
   
2. Prepare accounting transactions and financial statements (C5).
   
3. Apply finance-related principles and concepts to various business scenarios (C3).