The fundamental concept of Financial accounting is continued from ACCT 110 & ACCT 115. Emphasis is still placed on understanding the accounting cycle and integration of relevant topics in the financial reporting environment, to achieve its major objectives. Students are also introduced to accounting for other forms of business organizations such as partnerships. Financial planning and control, also introduced by discussing topics such as cash flow statements and an aspect of control accounts to emphasize on accuracy. Topics covered are based on the provisions of the International Financial Reporting Standards.
- Teacher: Emmanuel Ncube