Introduction to Accounting

• The two forms of accounting: financial accounting and management accounting
• The regulatory and conceptual framework
• Qualitative characteristics of useful financial information
• Types of business entity
• The annual report and financial statements

Upon completion of this course, you will be able to understand:

• The role of the financial accountant and the information which they prepare.
• The relationship between the statement of financial position, income statement and statement of cash flows.
• The elements and structure of the annual report and primary financial statements.
• The conceptual and regulatory framework of accounting.
• What information the financial statements cannot provide.