Study Guide

Objective

After completing the course a student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- has gained practical skills in budgeting and financial reporting
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance

Content

• the nature, functions, scope and principles of accounting
• financial accounting, book-keeping, income statement and balance sheet
• management accounting, budgeting