Financial Accounting #1 (D_S6M2)

This course adopts a managerial and analytical approach to the financial aspects of business management and exposes users to the methods used in financial reporting and interpretation and applying these principles to business practice.

Financial accounting is concerned with the preparation of accounting information for the needs of users who are external to the business. Financial accounting is therefore part of financial reporting. Other aspects of financial reporting include the timing and manner in which the information is communicated. Companies publish their financial accounting information in the form of financial statements. Financial accounting is governed by regulations and accounting standards (which have the force of law).

Upon the completion of this module, users will be able to:
• Undertake research, critically interpret and evaluate the concepts and role of working capital, sources of working capital, ratios and their uses including: Financial Statements-Application and Use; Income Statement/ Statement of Financial Performance; and Balance Sheet/Statement of Financial Position.

TIME: Up to 2 Hours

• No prerequisites.
• No materials distributed.
• No formal assessments required.
  • S6. Accounting - Lecture 1 - Financial Accounting #1
  • S6. Accounting - Course Linkage Map
  • S6. Accounting - Course Linkage Table
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever