Accounting

Course Description

To ensure that students have a sound understanding of the techniques of double entry accounting and be able to apply its principles in recording transactions, adjusting financial records and preparing non-complex financial statements.

Course Outcomes

• Proficient in the use of double entry accounting techniques and the maintenance of accounting records.
• Able to identify and correct omissions and errors in accounting records and financial statements.
• Able to specify the components of financial statements; prepare and present non-complex accounts for sole traders, partnerships and limited companies.

Evaluation/ Assessment

Final exam: 100% (Preparation of single company financial statements, multiple-choices or multiple-responses questions).