INTRODUCTION TO ACCOUNTING II (4 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: Explain the accounting methods in recording and measuring the liabilities and equity in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS); Explain the accounting methods in recording and measuring the investments in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS); Prepare standard financial reports such as statement of profit or loss, statement of financial position, and statement of cash flows; Analyze company’s financial statement.

Topics:

1. Liabilities;
2. Accounting for Partnerships;
3. Corporations;
4. Investments;
5. Financial Reporting and Accounting Standards;
6. Conceptual Framework for Financial Reporting;
7. Income Statement and Related Information;
8. Statement of Financial Position;
9. Statement of Cash Flows;
10. Financial Statement Analysis.