Introduction to Accounting

The Objective of this course is to enable understudies to understand the provide the students about: How financial information provides information about a company’s: Economic resources, obligations, and owner’s equity, Income and its components, Cash flows. The development and applications of basic assumptions, principles and constraints underlying financial statements.
This is a short term course and the contents for this course are Financial Accounting, Investing and Financing Decisions and the Balance Sheet, Operating Decisions and the Income Statement, The Adjustment Process and Financial Statements, Communicating and Interpreting Accounting Information, Reporting and Interpreting Sales Revenue, Receivables, and Cash, Reporting and Interpreting Cost of Goods Sold and Inventory, Reporting and Interpreting Property, Plant, and Equipment; Natural Resources; and Intangibles, Reporting and Interpreting Owners’ Equity, Statement of Cash Flows, Reporting and Interpreting Bonds, Commonly Used Ratios, Reporting and Interpreting Liabilities