ACC101 Introduction to Financial Accounting

Overview

B BUS (Accg) Core
Dip Accg Core
B BUS (MGT and FIN) Elective

This subject covers the accounting cycle in more depth than was covered in ACC100 including the double entry model, accounting elements (assets, liabilities, equity, revenues and expenses) and the principles and relationships between the elements for the purposes of periodic financial reporting, accounting journals, statements and reports for different business systems.

Prerequisites

ACC100 Introduction to Accounting