People Innovation Excellence

Financial Accounting I

Learning Outcomes:

  • Apply accounting principles and concepts in the process of preparing financial statements
  • Applying the concept of calculating the time value of money and the principles of recognizing and disclosing cash and receivables
  • Apply the concept of calculating and disclosing inventory, fixed assets and intangible assets
  • Applying techniques for measuring and presenting current liabilities


  1. The Accounting Information System
  2. Income Statement and Related Information
  3. Statement of Financial Position
  4. Accounting and The Time Value of Money
  5. Cash and Receivables
  6. Inventories: A cost-Basis Approach and Additional Valuation Issues
  7. Acquisition and Disposition of Property, Plant, and Equipment
  8. Depreciation, Impairments, and Depletion
  9. Intangible Assets
  10. Current Liabilities, Provisions, and Contingencies

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