Accounting

Learning Outcomes :

On successful completion of this Course, students will be able to : Explain the accounting concepts and principles as a basis in the preparation of financial statements, and explain all stages in the accounting cycle; Identify the differences between service and merchandising companies, and identify the steps in the accounting cycle for merchandising company; Identify some of the methods in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS) relating current asset that consists of inventories, cash, accounts receivable, plant assets, natural resources and intangible assets; Identify some of the methods in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS) relating liabilities; Prepare a statement of cash flows

Topics :

1. Accounting in Action
2. The Recording Process
3. Adjusting the Accounts
4. Completing the Accounting Cycle
5. Accounting for Merchandising Operation
6. Fraud, Internal Control, and Cash
7. Accounting for Receivables
8. Liabilities
9. Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
10. Statement of Cash Flows
11. Financial Statement Analysis