This course comprises an
introduction to the principles of accounting, focusing on understanding all
aspects of the accounting cycle. Posting of charges and credits, accrual base
accounting through to the preparation of the financial statements such as
Income Statement, Balance Sheet, Statement of Cash flows, and Statement of
Owners equity give the student a sound base in the accountancy field. The
course includes handling depreciation, prepaid, accruals and deferrals.
Students will undertake a wide variety of accounting exercises as this course