Undergraduate Subjects Presented Financial Accounting
114 Introduction to Financial Accounting (Mil)
The basic principles and spheres of accounting: the nature and function of
accounting, the nature of accounting theory, financial position, financial
result, the double-entry system and the accounting process.
Collecting and processing the accounting data of organisations.
Accountability for current and non-current assets: cash and cash equivalents,
trade and other debtors, inventory, property, plant and equipment and other
non-current assets. Accountability for current and non-current
liabilities.
Accounting reporting: financial statements of a sole trader.
144 Advanced Financial Accounting (Mil)
Collecting and processing the accounting data unique to a partnership, a
non-profit organisation, a close corporation and a company. Preparing the
financial statements of a partnership, a non-profit organisation, a close
corporation and a company. Analysis and interpretation of financial
statements. Ethics in financial accounting.
P Financial Accounting (Mil) 114
