Apply Accounting Knowledge – Demonstrate proficiency in fundamental accounting principles, journal entries, ledgers, and trial balances for accurate financial reporting.
Financial Statement Analysis – Interpret trading, profit & loss accounts, and balance sheets to assess profitability, solvency, and liquidity of businesses.
Decision-Making Skills – Use reconciliation, depreciation methods, and financial adjustments for effective and informed business decisions.
Problem-Solving in Special Accounts – Analyze and resolve accounting issues related to insurance claims, single-entry systems, and non-profit organizations.
Professional Communication – Communicate accounting solutions clearly through structured reports, statements, and presentations.
Ethics & Responsibility – Apply ethical accounting practices and recognize the importance of transparency and accuracy in financial reporting.
Lifelong Learning – Develop the ability to adapt to evolving accounting standards, digital tools, and modern business practices.
By the end of this course, learners will be able to:
CO1 – Explain fundamental accounting concepts and prepare journal entries, ledgers, and trial balances.
CO2 – Interpret trading, profit & loss accounts, and balance sheets to evaluate business performance.
CO3 – Apply reconciliation procedures and depreciation methods for accurate financial reporting.
CO4 – Analyze and compute insurance claims and apply accounting principles for non-profit organizations.
CO5 – Prepare statements of affairs and memorandum trading accounts to assess financial position.