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Introductory Financial Accounting - FAC1501

Diploma,Higher Certificate,Baccalareus Technologiae Degree,Under Graduate Degree Semester module NQF level: 5 Credits: 12
Module presented in English Module presented online
Purpose: To equip students with the fundamental concepts, standards and principles of financial accounting; to provide an informed understanding of accounting transactions; as well as the purpose and use of business documents; the recording of cash and credit transactions; the preparation of bank reconciliations; the accounting for inventory; and other assets and liabilities in the financial statements. To ensure students gain knowledge of and insight into the preparation of trial balances; final accounts; adjustments to accounting information and the financial statements of a sole proprietor.