FAC -Financial Accounting –1901 (2026 JULY)

This course introduces basic accounting concepts, principles, and practices. Students will learn to prepare financial statements for sole proprietorships through lectures and practical exercises. It builds a strong foundation for further advanced studies in accounting and finance, with applications in various business settings, including technology-based organizations.

Units

01. Introduction to Accounting

02.Accounting Equation, Double Entry System, and Accounting Concepts

03.Prime Entry Books, Control Accounts, Bank Reconciliation Statements, and Trial Balance

04.Preparation of Financial Statements for a Sole Proprietorship

05.Computerized Accounting Environment and the Importance of Being Ethical.