Course description :

The course material begins with a basic understanding of financial accounting; accounting equations; accounting data processing techniques include stages in the accounting cycle starting from journals, ledgers and so on; use of worksheets; preparation of financial reports for service and trading companies. The next material is to learn about cash accounting, inventory, accounts receivable. After completing this course students are expected to have knowledge and understanding of financial accounting records, be able to compile financial reports for service companies and trading companies and understand accounting for Inventory, Cash and Receivables.