Accounting

This course introduces students to fundamental accounting principles and practices. This course covers essential topics such as the accounting cycle, preparation of financial statements, and understanding of key financial reports, including balance sheets, income statements, and cash flow statements. Students will learn about accounting for various types of transactions, including revenues, expenses, assets, liabilities, and equity. The course emphasizes the role of accounting in business decision-making and provides practical experience with accounting software and tools used in the industry.

Upon successful completion of this course, students will be able to:

• Understanding Accounting Principles and the Accounting Cycle: Students will gain a solid understanding of fundamental accounting principles, including the accounting cycle, from recording transactions to preparing financial statements.
• Preparation of Financial Statements: Develop proficiency in preparing and analyzing key financial statements, including balance sheets, income statements, and cash flow statements, and understanding their relevance in business decision-making.
• Managing Transactions and Accounts: Learn how to account for various types of transactions, including revenues, expenses, assets, liabilities, and equity, ensuring accurate and comprehensive financial records.
• Utilizing Accounting Software and Tools: Gain practical experience with accounting software and tools used in the industry, enhancing skills in financial data management, reporting, and analysis.

These outcomes are aimed at providing students with a comprehensive foundation in accounting principles and practices, preparing them for further study in accounting or related fields and equipping them with essential skills for careers in financial management, auditing, and business analysis.