Financial Accounting
About This Course
ACC201e Financial Accounting starts off by introducing theoretical perspectives to understand who the stakeholders of financial reporting information are and why financial reporting is important to them. Next, the course uses the accounting equation as a basis for understanding the double-entry accounting system and how the financial statements are prepared. It then delves into details of how key financial account items such as cash, inventory, trade receivables / payables, other receivables / payables, short-term / long-term investments, tangible / intangible assets, current and non-current liabilities and equity are accounted for and how they are presented in the key financial statements. Basic analytical techniques are also introduced to interpret, analyse and evaluate financial information.
What You'll Learn
Recording Business Transactions;
Accrual Accounting;
Internal Control and Cash;
Accounts Receivables and Notes Receivables;
Inventory and Merchandising Operations;
Fixed Assets, Intangible Assets and Financial Asset Investments;
Current and Long-term Liabilities;
Shareholders’ Equity;
Financial Statement Presentation and Analysis;
Statement of Cash Flows;
Entry Requirements
Diploma or an equivalent qualification from a recognised institution