Financial Accounting I

Introduction to the fundamental concepts of Financial Accounting. Understanding the role of Financial Accounting in economic entities. Understanding the accounting cycle within an economic entity, taking into account the recording of accounting events, the disclosure of financial information, and the preparation of financial statements. Accounting principles are presented, while the concepts of the Accounting Equation, the Balance Sheet, the Income Statement, the Journal, and the General Ledger are analysed.

COURSE CONTENT:
Concepts of Financial Accounting
Fundamental Accounting Principles
The Accounting Cycle
Accounting Events and Entries
Journal
General Ledger
Balance Sheet
Accounting Equation
Income Statement
Preparation of Financial Statements