Financial Accounting
Introduction to Financial Accounting • This unit introduces the fundamental concepts and principles of financial accounting, including financial statements, accounting cycle, and basic accounting rules.
Financial Statements • This unit covers the preparation of the three main financial statements: the balance sheet, income statement, and cash flow statement.
Accounting Cycle • This unit outlines the chronological steps involved in the accounting cycle, from recording transactions to preparing financial statements.
Double-Entry Accounting • This unit introduces the double-entry bookkeeping system and how it is used to record financial transactions.
Financial Analysis • This unit covers the analysis of financial data to extract meaningful information for decision-making.
Accounting Standards • This unit introduces the International Accounting Standards Board (IASB) and how they are used to ensure financial reporting consistency.
Accounting for Limited Companies • This unit covers the accounting treatment of companies with limited liability, including shareholders' equity and dividends.
Accounting for Partnerships • This unit covers the accounting treatment of partnerships, including profit and loss distribution and capital account adjustments.
Accounting for Self-Employed Individuals • This unit covers the accounting treatment of self-employed individuals, including income, expenses, and self-employment taxes.
Accounting for Non-Profit Organizations • This unit covers the accounting treatment of non-profit organizations, including revenue recognition, expenses, and financial reporting requirements.
Contemporary Accounting • This unit introduces the latest trends and developments in accounting, including cloud computing, data analytics, and sustainability reporting.
Accounting Ethics and Professional Standards • This unit covers the ethical principles and professional standards that accountants must adhere to.
Financial Management • This unit introduces the concepts and principles of financial management, including capital budgeting, working capital management, and risk management.
Accounting Software • This unit covers the use of accounting software for financial record-keeping, data analysis, and reporting.
Financial Reporting and Analysis • This unit covers the preparation of financial reports and analysis of financial data to support decision-making.
Corporate Finance • This unit introduces the concepts and principles of corporate finance, including capital budgeting, mergers and acquisitions, and financial analysis.
Accounting for International Business • This unit covers the accounting treatment of multinational companies, including foreign currency exchange, international accounting standards, and cultural differences.
Accounting for Not-for-Profit Organizations • This unit covers the accounting treatment of not-for-profit organizations, including revenue recognition, expenses, and financial reporting requirements.
Advanced Accounting • This unit introduces advanced accounting topics, such as accounting for leases, depreciation, and accounting for non-current assets.
Taxation • This unit covers the taxation of individuals, businesses, and non-profit organizations, including income tax, property tax, and corporate tax.
Accounting for Social Enterprises • This unit covers the accounting treatment of social enterprises, including revenue recognition, expenses, and financial reporting requirements.
Accounting for Sustainability • This unit covers the accounting treatment of companies that prioritize sustainability, including greenhouse gas emissions, resource management, and ethical practices.
The assessment is done via submission of assignment. There are no written exams.