INTRODUCTION TO FINANCIAL ACCOUNTING (2 Credits)

Learning Outcomes :

On successful completion of this course, student will be able to: Explain the accounting concepts and principles as a basis in the preparation of financial statements and explain the stages in the accounting cycle, Explain the concept and methods relating to inventories, cash, accounts receivable, plant assets, liabilities, and equity of a company, Prepare and analyze the company’s financial condition by using the information in cash flow statement and Analyze the information stated in financial statement

Topics :

Accounting in Action, The Recording Process, Adjusting the Accounts, Completing the Accounting Cycle, Inventories, Accounting for Receivables, Plant Assets, Natural Resources, and Intangible Assets, Liabilities, Statement of Cash Flows, Financial Statement Analysis