IN SUMMARY,THE COURSE WILL ENABLE THE STUDENT TO LEARN THE BASICS OF FINANCIAL ACCOUNTING WHICH WILL INCLUDE:

1. THE ACCOUNTING PRINCIPLES USED IN PREPARING THE BOOKS OF ACCOUNTS

2. THE QUALITIES OF GOOD ACCOUNTING INFORMATION

3. HOW TO ACCOUNT FOR PROPERTIES,PLANT AND EQUIPMENT

4. PREPARATION OF FINANCIAL STATEMENTS AND THE END YEAR ADJUSTMENTS

5.APPLICATION OF RATIOS IN CRITICAL DECISION MAKING

6.HOW TO ASSESS THE LIQUIDITY OF THE BUSINESS THROUGH PREPARING THE CASH-FLOW STATEMENTS.