概要

This eCourse consists of two modules. Module 1 introduces the subject of financial accounting to those new to the area. It starts off with a broad look at what exactly financial accounting involves, before discussing the different types of financial statements. It also describes the main accounting concepts and conventions, including a look at the important role of accounting standards and standard setters.

Module 2 is a scenario using the example of a small start-up company operating in the fast food sector. It looks at the dual effect principle of accounting. The dual effect on the balance sheet and/or income statement of each of the company’s transactions is explored in detail.

宗旨

On completion of this course, you will be able to:

- Recognise the importance of financial accounting information for internal and external stakeholders of a business
- Identify the main financial statements used to measure a company’s financial performance and position
- List the key accounting concepts and conventions used in the preparation of financial statements and the recognize the role of accounting standard setters in developing high quality standards for financial reporting

內容

Module 1: Accounting - An Introduction 
Topic 1: Producing & Using Accounting Information
Topic 2: Financial Statements
Topic 3: Accounting Concepts, Conventions, & Standards

Module 2: Scenario – Accounting Mechanics