Financial Accounting I

Course ID
FIN280
Prerequisite
ECO112.1
Credits
6
Semester
3

This course provides an introduction to financial accounting. It studies the financial accounting concepts and theories with an emphasis on both how transactions lead to financial statements (prepares orientation) and how one can infer transactions given a set of financial statements (user’s orientation). This course introduces students to the financial accounting environment, financial statements, the accounting cycle, and the theoretical framework of accounting measurement. It explains the composition and the purpose of balance sheet, the income statement, the statement of changes in shareholder equity, and the cash flow statement and discusses the mutual relationships between these statements. It further explains the basic accounting rules that govern the preparation of these statements.

Course Downloads:

© 2016-2018 SEBA; School of Entrepreneurship and Business Administration; American University of Central Asia