Introduction to Accounting (6 Credits)

Learning Outcomes:

Explain the accounting concepts and principles as a basic of the preparation of financial statements, and the concept and methods related to inventories, cash, accounts receivable, liabilities, and equity; Apply the accounting concept, principles and methods in merchandising operation company and major corporation transactions; Prepare the basic income statement, statement of financial position and statement of cash flow accordance with Financial Accounting Standard (SAK) and International Financial Reporting Standards (IFRS); Apply the techniques in analyse of financial statement accordance with Financial Accounting Standard (SAK) and International Financial Reporting Standards (IFRS).

Topics:

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