Overview
The Financial Accounting module introduces students to the fundamental principles and practices of financial accounting. It focuses on the preparation, analysis, and interpretation of financial statements, adhering to generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS).
Key Topics
The accounting cycle and double-entry bookkeeping
Preparation of financial statements: balance sheet, income statement, and cash flow statement
Adjusting entries and closing processes
Asset and liability management
Financial statement analysis and interpretation
Ethical considerations in financial reporting.
- Teacher: Yvette Igihozo