Course Description for Introduction to Accounting:

• Understand how accounting relates to the business environment.
• Understand how to use the accounting equation to analyze business transactions.
• Understand how to evaluate the performance of a business.

Topics and Lessons for Introduction to Accounting:

1. Chapter 1- The background to accounting
   
2. Chapter 2- Recording financial transactions
   
3. Chapter 3- Applying controls and concepts to financial information
   
4. Chapter 4- The profit and loss account and balance sheet
   
5. Chapter 5- A further look at assets and liabilities
   
6. Chapter 7- Accounting and financing of multi-owner organizations
7. Chapter 12- An introduction to management accounting
8. Chapter 14- Product Cost
9. hapter 16- Budgeting
10. Chapter 17- Investment Appraisal
    

Objectives for Introduction to Accounting:

• Making of profit
  
• Creation of wealth, Achievement of charitable aims
  
• Maximise spending on activities, Provision of local services.