Accounting Principles

The Accounting Principles course offers a comprehensive introduction to the fundamental concepts and practices of accounting, essential for anyone looking to understand the financial underpinnings of a business. This course covers key topics such as the accounting cycle, financial statement preparation, and the principles of debit and credit. Students will gain a solid grasp of essential accounting concepts, including accruals, matching principles, and the distinction between cash and accrual accounting. Through practical exercises and real-world examples, the course aims to equip learners with the skills necessary to accurately record, classify, and summarize financial transactions, ensuring they are well-prepared for advanced study in accounting or practical application in a professional setting.

Course Objectives

Understand basic accounting concepts and principles.
Learn the accounting cycle.
Prepare and analyze financial statements.
Apply accounting techniques to real-world scenarios.
Develop critical thinking and problem-solving skills.
Understand regulatory and ethical standards.
Prepare for advanced accounting studies.

Module 3: Financial Statements

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