Course Overview
Course overview
Financial Accounting develops the skills needed to turn transaction evidence into reliable financial information. You will study the accounting equation, double-entry bookkeeping, ledgers and trial balances, then use these foundations to prepare and interpret financial statements.
What you will study
The curriculum covers assets and inventory; cash and bank transactions; receivables and payables; accruals and prepayments; sole traders and partnerships; changes in partnerships; company accounts and cash flows; manufacturing and not-for-profit organisations; error correction and incomplete records; financial analysis; and introductory public sector accounting.
How to study
Work through the course sections in order and check which resources are available. Read the relevant material before attempting practice activities. Keep a record of difficult topics and questions to discuss with your instructor.
Preparing for assessments
Before attempting an assessment, read its instructions, time limit and mark allocation. Show your reasoning or workings clearly, check your answers, and use feedback to guide your revision.
Curriculum
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Instructor