ACC 1134: Introduction to Financial Accounting.

Description

This module introduces to the students about the role and significance of accounting information and the fundamentals of basic accounting procedures, accounting principles, accounting concepts, assumptions and conventions, accounting cycle, which are involved in the production of a business entity’s financial statements. It is enabling the students to understand the basic language of the business, accounting as a science in addition to gain knowledge of recording of business transactions, measurement of business performance and the assessment of financial position of the organizations.