Course No:           Act 415

Course Name:      Financial Accounting

Course Description:      

Introduction to Accounting and its concepts; Recording Business Transaction; Journal Ledger, Trial Balance, Preparation of Financial Statements; Balance Sheets. Income "Statement; Completion of Accounting Cycle; Adjustments Closing, Work Sheet, Accounting for Purchase and Sales, Receivable and Payable, Inventories, Payroll Systems, Plant and Equipment, Acquisition, Depreciation, Disposal Corporation, Organization and Stock-holders Equipment. Equity operation, Earning per share and dividends.

Course Review:

This preliminary course covers the basic concepts of Financial Accounting. It signifies the students with an up-take of financial statements, business transactions, accounting cycle and worksheets. The financial statements of different business entities are also dealt with, like accounting for purchase and sale, and an idea for working behind depreciation.