• To provide fundamental knowledge of financial accounting principles and practices
• To develop skills in recording, classifying, and summarizing financial transactions
• To introduce accounting standards and financial reporting procedures
• To prepare learners for entry-level accounting and finance roles

Upon completion, learners will be able to:

1. Understand basic accounting concepts and principles
2. Record financial transactions using appropriate accounting methods
3. Prepare basic financial statements
4. Interpret financial information for decision-making
5. Apply accounting standards and maintain proper documentation

Module 1: Fundamentals of Financial Accounting

• Introduction to accounting concepts
• Objectives and importance of accounting
• Accounting principles and assumptions
• Users of financial information

Module 2: Recording Financial Transactions

• Accounting equation
• Double-entry bookkeeping system
• Journal entries
• Ledger posting
• Trial balance preparation

Module 3: Financial Statements Preparation

• Income statement
• Balance sheet
• Cash flow statement basics
• Adjusting entries
• Closing entries

Module 4: Accounting Standards and Practices

• Introduction to accounting standards (IFRS basics)
• Accounting policies and procedures
• Error detection and correction
• Depreciation and inventory basics

Module 5: Practical Accounting Applications

• Bank reconciliation
• Accounts receivable and payable
• Basic financial analysis
• Preparation of simple reports
• Use of accounting software basics

Project