The overall aim of this unit is to introduce fundamental accounting principles that underpin financial operations and support good and sustainable decision making in any organisation. Students will develop a theoretical and practical understanding of a range of financial and management accounting techniques.
Learning Outcomes
By the end of this unit a student will be able to:
LO1 Examine the context and purpose of accounting
LO2 Prepare basic financial statements for unincorporated and small business
organisations in accordance with accounting principles, conventions and
standards
LO3 Interpret financial statements
LO4 Prepare budgets for planning, control and decision making using spreadsheets.
Skill Level: Beginner