Accounting is the systematic way of recording, analyzing and summarizing an entity’s financial transactions. This module will develop a student’s understanding of accounting fundamentals and basic financial statements. This module will also cultivate a student’s comprehension of basic accounting practices such as double entry bookkeeping and financial statements preparation.
1. Introduction to the
fundamentals of accounting
2. Accounting careers and industry
3. Accounting information system
4. Transactions and the accounting
equations
5. Core financial statements
6. Accounting and fraud prevention
7. Accounts, debits and credits
·
Learners should possess a high level of
motivation and self-discipline.
·
Learners must possess basic smartphone or
computer operating knowledge and skills.
After completing this module
learners will be able to:
1. Define important accounting
terminology
2. Record accounting transactions
in the correct ledgers
3. Use information system software
to create accounting records
4. Assess financial records
5. Produce accurate financial records for fraud prevention
European International University - Paris
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