Course Overview
Course overview
This course introduces the records and principles used to maintain business financial accounts. You will follow the accounting cycle from source documents and transaction entries to adjustments and financial statements.
What you will study
Accounting foundations and the accounting equation; source documents, journals and cash books; ledgers, double entry and trial balances; assets, liabilities and control accounts; accrual adjustments; errors and suspense accounts; financial statements for sole traders, partnerships and companies.
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
