Basic Accounting

The objectives of this course:

The objective of this course is to develop students’ understanding of accounting process and application of conceptual framework in order to create their abilities to apply such concepts and principles in preparing and understanding accounts/financial reports to make effective decisions.

1.      Employment Prospects: Because professional accountancy is something the overwhelming majority of businesses are dependent on, employment prospects for qualified candidates are limitless.

2.      Job Security: Irrespective of technological advances, there will always be enormous and ongoing demand for skilled accountants and financial professionals.  A career in this particular sector can represent a highly secure career for life.

3.      Flexibility: Those who work as self-employed accountants enjoy full flexibility and the freedom to choose their own working hours and patterns.  Accountancy represents an excellent prospect for establishing and running a home business.

4.      Enhanced Prospects: If you are already working in a financial or accountancy position, studying the subject in greater depth could help improve your competences and future career development prospects.

5.      Financial Rewards: Potential earnings are limitless in accountancy and finance – particularly for those who set up and run their own businesses.  Experienced accountants working at the highest levels often command quite extraordinary prices for their services.

Course Materials

Chapter-2: Accounting Equation

Accounting Equation

Worksheet.pptx

Worksheet

Merchandise Inventory 1.pptx

Merchandise Inventory 1

Merchandise Inventory 2.pptx

Merchandise Inventory 2

Merchandise Inventory3.pptx

Merchandise Inventory 3

Merchandise Inventory 4.pptx

Merchandise Inventory 4

Merchandise Inventory 5.pptx

Merchandise Inventory 5

Inventory-1.pptx

LIFO/FIFO-1

Inventory-2

LIFO/FIFO-2

Special journals

Special Journals

Financial Statement

Financial Statement

Theory suggestion.docx

Suggestions