Introductory Financial Accounting - FAC1501 |
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| Baccalareus Technologiae Degree,Under Graduate Degree,Diploma,Higher Certificate | 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. | |||