This course will introduce the student to the exciting world of finance and provide her\him with
key accounting knowledge and skills

• By the end of the course the student will be able to:
• Define accounting
• List the various stages in an accounting cycle
• Explain commonly used accounting concepts, accounting conventions and principles
• Define accounting policies and list their disclosure requirements
• Define the commonly used terms in accounting
• Explain double entry accounting
• Journalize transactions
• Prepare ledger accounts in the books of accounts
• Describe subsidiary books
• Define trial balance
• Identify and list adjusting entries in books of accounts
• Identify and rectify errors in books of accounts
• Explain financial statements
• Record simple adjustments in the books of accounts before finalizing the financial statements of a sole proprietor