FUNDAMENTAL ACCOUNTING PRINCIPLES

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Course Code: 
COE 1203
Course Credit Units: 
4
Semester: 
Semester 2
Year of Study: 
Year 1
Course Description & Objectives: 

The course is designed to provide students with the ability to understand accounting concepts related to different business organizations. Students will be taught on how to prepare financial statements of different business ventures such as sole trading, partnerships, companies and organizations with different departments and branches.  Course Objectives The course will help the students to achieve the following objectives:

  • Prepare financial statements from incomplete records
  • Develop company accounts

Interpret financial statements for decision making from different organizations’ records

Learning Outcomes: 

Students should be able to

  • Prepare and analyze financial statements of different business ventures.
  • Assess financial statements of specific company accounts.
accounting principle`
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