Buy ACCT 1501
Accounting and Financial Management 1A Assignments
This unit gives the student a proper perspective of accounting and finance as it is a compulsory core unit. The students will benefit learning the basic accounting concepts and their practical application when making decisions in various fields and situations. The unit will not only help students who intend to major in accounting but also to students who wish to major in other business related courses.
Students should ensure that they have a strong and in-depth understanding of the accounting process before they complete the unit. It is important to be familiar with the accounting language to allow for communication with other accounting professionals and be able to make informed decisions basing on the accounting principles.
Some of the topics that the students ought to learn are accounting equation, cash and accrual accounting, internal control, general purpose financial reports, adjustments, controlling and decision making, financial statement analysis and preparing information that can be used by managers when planning.
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