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Fundamentals of Accounting Course Outline

  FUNDAMENTALS OF ACCOUNTING   This unit is designed to enable the learner achieve and apply the following key skills. ·          By the end of this unit   the learner should be able to : 1.       Demonstrate understanding of accounting principles and policies.   2.       Apply double entry concept. 3.       Classify capital and liabilities. 4.       Correct accounting errors and suspense account. 5.       Prepare sole trader statement. 6.       Prepare partnership statements. 7.       Prepare company statements . Course outline TOPIC 1: Demonstrate Understanding of accounting principles and policies                    1.1 Nature and purp...