Course introduction:
Don’t worry at all! This is an
introductory accounting course which is very interesting and somewhat funny. Of
course very important for all irrespective of our discipline. In teaches us the
basic accounting issues to enrich us with the fundamental activities of
accounting so that we may have at least the minimum command on the financial
activities of the organization as well we can engage ourselves in the business
decision process. We hope to enjoy the course.
Course Objectives:
(a) Understand the role
and principles of financial accounting and reporting
(b) Record, handle and
summarize accounting data
(c) Prepare financial statements for service and real estate
construction companies
(d) Have thorough grounding and
the technical skills of accounting necessary to work as an accountant more
efficiently and effectively.
Expected outcome of the course:
After completing this course we are expected to have
the following skills and knowledge in us:
(a) Understanding
the business transactions and their effect in the accounting equation.
(b) Differentiating
between economic and non-economic activities of business organization
(c) Recording
the transactions in the accounting system by using different accounting tools
like journal, ledger, trial balance etc
(d) Making
the adjustments at the end of accounting time periods
(e) Preparing
financial statements
(f) Completing the accounting process
(g) Making
financial decision of business
Student Activity Guidelines for BLC.
Please listen to it carefully to know how to use BLC
