Course description

This unit specifies competencies required to perform elementary accounting functions. It involves applying accounting concepts in accounting functions, recording business transactions in books of accounts, accounting for assets and liabilities, correcting errors arising from accounting records and preparing financial reports for different entities

What will i learn?

• • Apply the legal and conceptual framework in preparation of financial accounts
• • Account for assets and liabilities
• • Account for revenues and expenses
• • Correct errors in accounting records
• • Prepare financial statements for different business entities