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Objectives:
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comprehend the basic principles and practice of
accounting
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understand how to measure and evaluate the
financial performance of companies
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identify areas where the companies are doing well
and where improvements are needed
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know how to make better decisions by understanding
the various financial measures
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develop ability to measure growth, profit, cash
flow, risk, return and value of a company
Main
topics include:
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Definitions of common accounting terms
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Types of accounting e.g. financial accounting, cost
accounting, management accounting
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Book keeping ?double entry system of ledger
accounting
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Trial balance
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Profit and Loss Account
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Balance Sheet
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Source and Application of Funds Statements
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Group Accounts (Consolidated A/C)
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Disclosure requirements
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Financial Statement Analysis
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Interpreting financial reports (Ratio Analysis)
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