This course introduces basic principles of accounting focusing on assets and liabilities, double entry recording, the accounting cycle, and internal control check, and basic financial statements of a sole trader.
The aim of this course is to develop knowledge and understanding of the underlying principles, elements, and concepts relating to financial accounting and technical ability in the use and application of double entry techniques and principles.
Understand fundamental concepts and principles related to the course subject matter
Apply theoretical knowledge to practical situations and real-world problems
Develop critical thinking and analytical skills within the discipline