Are you keeping all those receipts, invoices, and vouchers with you? Do you ever feel you were overloaded with all those documents? Do you know that you can organise through accounting process? 

 

This course will equip you with the basic accounting principles and how you can apply all the concepts in the preparation of financial statement. You will learn the process involved in financial accounting and how you can make use of it in real business.

 

You will learn how to present financial statements that can be used to assist business planning and decision making. You will learn financial analysis techniques.

 

Let's explore, learn together and get involved !

 



The Team

Fadzree       30 kudos

Hello everyone, I'm a teacher for this course and I can't wait to learn with all of you.

NUR FITRI NABILA       19 kudos

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marsyitah ismail       14 kudos

Hello everyone, I'm a teacher for this course and I can't wait to learn with all of you.

UiTM Team       11 kudos

Hello everyone, I'm a teacher for this course and I can't wait to learn with all of you.

Nur Syafiqah Hussin       5 kudos

Am an accounting lecturer of UiTM Pahang, Kampus Raub....

NAQIAH BINTI AWANG       1 kudos

An accounting lecturer from UiTM Pahang, Kampus Raub...

Nur Syazwani       0 kudos

Hello everyone, I'm a teacher for this course and I can't wait to learn with all of you.

Nurul Afzan Najid       0 kudos

Am Senior Lecturer at UiTM Pahang Campus Raub.....

The Community

289 Students           102 Comments

More Information

Course Overview and summary of each module:

 

Module 1: Introduction to Financial Accounting

We will explore what the financial accounting is about, the use and users of financial statements and various forms of business. You will get exposure to accounting process from identifying, measuring, and communicating economic information to decision making.

Module 2: Introduction to Concepts and Conventions of Accounting

In this module, we will introduce the accounting principles and concepts which will help you to distinguish between accounting principles, bases and policies and how it relates to the business situation.

Module 3: Accounting Equation and Accounting Classification

Here we cover on the assets, owner's equity, liabilities, revenues and expenses.  This module will identify the relationship between profit and the accounting equation.

Module 4: Principles of Double Entry and Trial balance

This section explores the double entry rules for assets, capital, liabilities, revenues, expenses and inventory. You would be able to explain the differences between trade discount and cash discount, carriage inwards and outwards. You will get exposure to the steps to close and balance off all accounts at the end of the period and prepare trial balance at a specific date.

Module 5: Books of Prime Entry

We will explore the types of journals and subsidiary ledgers and also the various source documents. This module will equip you with the basic accounting principles whereby you could determine which source documents you should prepare.

Module 6: Preparation of Financial Statements

Here we will cover the crucial part by incorporating the adjustments: prepayments accrual, bad debts, allowance for doubtful debt, debt recovered and depreciation.

Module 7: Financial Statement Analysis

This module helps you to calculate the simple ratio and give relevant comments for decision-making purposes.

Module 8: Bank Reconciliation Statement

In this last module, you will apply basic accounting principles by preparing the Bank Reconciliation Statement

 

 

Related Courses

Introduction to Financial Accounting

Status: On now

Students: 289