Accounting and Finance

                                               

                        COURSE CONTENT

Unit 1 – Introduction to Accounting

Unit 2. Subsidiary Books of Accounting

Unit 3. How to Create a Profit and Loss Account

Unit 4. How to Prepare Cash Flow Statement

Unit 5. How to Prepare a Balance Sheet

By the end of this course the learner will be able to:

• Discuss objectives, functions, importance and limitations of Accounting.
• Understand methods of Accounting, kinds of Accounts, and Accounting rules.
• Explore various branches of Accounting.
• Understand rules and sub-division of ledger.
• Distinguish between journal and ledger.
• Describe the kinds of subsidiary books
• Explore how to prepare profit and loss statement
• Describe the role of working capital in the operations of a business
• Use cash flow statements as analytical tools.
• Describe the Classification of assets and liabilities
• Understand the adjustment of Balance sheet
• Describe how to prepare the Balance sheet.

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