L4 L5 L6 Accounting and Business Course Fee
Unit 1: Introduction to Accounting
• Definition of accounting and its purpose
• Accounting cycle and its phases
• Double-entry bookkeeping and its importance
Unit 2: Financial Accounting
• Accounting standards and their importance
• Financial statements (income statement, balance sheet, cash flow statement)
• Accounting procedures for different industries
Unit 3: Managerial Accounting
• Cost accounting and its applications
• Management accounting and its objectives
• Budgeting and its role in financial planning
Unit 4: Accounting for Special Purposes
• Accounting for inventory
• Accounting for receivables and payables
• Accounting for contingencies and commitments
Unit 5: Advanced Accounting
• Accounting for depreciation and its impact on financial statements
• Accounting for leases and its accounting implications
• International accounting standards and their relevance
• Corporate social responsibility and its financial implications
Unit 6: Financial Management
• Financial analysis and its importance
• Capital budgeting and its process
• Working capital management and its significance
Unit 7: Accounting Software
• Introduction to accounting software and its benefits
• Using accounting software for financial reporting
• Understanding different accounting software packages
Unit 8: Ethical and Legal Considerations
• Accounting ethics and professional standards
• Accounting for fraud and its consequences
• Legal and regulatory framework for accounting
Unit 9: International Accounting
• Global accounting standards and their importance
• Foreign currency translation and its implications
• International taxation and its compliance requirements
Unit 10: Contemporary Accounting Issues
• Data analytics and its role in accounting
• Cloud accounting and its benefits
• Artificial intelligence and its impact on accounting
• Sustainability and its implications for accounting practices
The assessment is done via submission of assignment. There are no written exams.