To ensure that students have a sound understanding of the techniques of double entry accounting and can apply its principles in recording transactions, adjusting financial records and preparing non-complex financial statements.
On completion of this module, students will be:
- Proficient in the use of double entry accounting techniques and the maintenance of accounting records;
- Able to identify and correct omissions and errors in accounting records and financial statements; and
- Able to specify the components of financial statements and prepare and present non-complex financial statements for sole traders, partnerships and limited companies.