FUNDAMENTAL ACCOUNTING PRINCIPLES I

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Course Code: 
COX 1107
Course Credit Units: 
4
Semester: 
Semester 1
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Undergraduate Level
Academic Programs: 
Course Description & Objectives: 

The course is designed to provide students with the ability to understand basic concepts of accounting and posting of accounting transactions from primary books to ledgers. Students will also be taught on Preparation and presentation of financial statements and bank reconciliation statements.                                                                                                                                                                                                                                                               Objectives or Aims:                                                                                                                                                                                                                                                                The course will help the students to achieve the following objectives:

  • understanding the basic accounting cycle
  • Prepare original books of accounts
  • Be able to prepare financial statements
  • Reconcile bank statements
Learning Outcomes: 

Students should be able to

  • Prepare books of accounts and financial statements
  • prepare bank reconciliation statements
fundamental accounting principles
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