B.Sc.in Management and Information Technology (Interim)

BACHELOR OF SCIENCE IN MANAGEMENT AND INFORMATION TECHNOLOGY

IMMG 22052

Financial Accounting

Status : Core Pre-requisite :G.C.E. (A/L) Co-requisite : None

 

On completion of this course, the student should be able to:

  • Demonstrate an understanding of the principles of accounting
  • Record economic transactions and develop the key financial statements for the enterprise.

Concepts of financial accounting. Practice of book keeping including books of Prime Entry. Ledgers and Trial Balance. Preparation of Trading Profit & Loss and Balance Sheet. Cash flow statement. Bank reconciliation.
Class room lectures, interactive group discussions and presentations.
 In class assignments, tutorials, mid/end of semester examination, group assignments and presentations

  1. Williams, Haka, Bettner, Carcello, “Financial Accounting”, McGraw-Hill, 2006.
  2. Hilton, “Managerial Accounting”, 7th Ed., McGraw-Hill/Irwin, 2006.

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