|Offered as a part of:||Diploma, Bachelor degree|
|Module presented in:||English, Afrikaans|
|Pre-requisite(s):||FAC1502 (or ACN101M or FAC1M2X). (NOT applicable to NDSCR-NEW)|
To introduce students to the conceptual framework, the underlying accounting transactions and treatment thereof, the equity of companies, the cash flow statements, and the disclosure in relation to sole proprietors, partnerships, and close corporations. Also branch accounts, the analysis and interpretation of financial statements as well as the time value of money.