College of Business and EconomicsDepartment of Accounting and FinanceCourses of the ModuleCourseNumberCourse NameCr. HrCP/ETCTSAcFn 1031Principles of Accounting I46CourseNumberAcFn1031Course TitlePrinciples of Accounting IModuleBasics of Accountingand ReportingCourseObjectives &Competencesto beAcquiredThe course has the general objective of introducing students to the basics ofaccounting and reporting of financial activities of business organizations.Upon the successful completion of this course, the students will be expected to:Understand the role of Accounting in business and develop an awareness of theaccounting professionUnderstand the purpose of the financial accounting function and standardfinancial accounting practicesSummarize and apply basic financial accounting terms, concepts, andprinciples.Define and apply accounting terminology, concepts, and principles inanalyzing, recording, and reporting basic business transactionsTake a series of transactions through the accounting cycleAnalyze, record, and report transactions for service, merchandising, andmanufacturing businesses.
