Financial Accounting (FA)

About Course

To teach the underlying principles and concepts of financial accounting, accounting techniques and the preparation of basic financial statements.

to demonstrate technical proficiency in the use of double-entry and accounting systems
how to record, process and report business transactions
to understand the context and purpose of financial reporting
apply the qualitative characteristics of financial information
how to prepare a trial balance (including identifying and correcting errors)
how to prepare basic financial statements for incorporated and unincorporated entities
how to prepare simple consolidated financial statements
how to interpret financial statements.