The application of generally accepted accounting principles and the actions of FASB to the recording of financial data. A more sophisticated and detailed approach is demonstrated for income statement presentation and for classified statements of financial position. Additional topics include receivables, and accounting applications of the time value of money.
Principles of Financial Accounting (or equivalent)
Distinction/Pass/Fail
100% final assignment
An introduction of the fundamentals of accounting which is a basic language of business (based on US GAAP). Journals, ledgers, adjusting entries and closing entries are introduced and utilized in the preparation of financial and operating statements of sole proprietorships and corporations.
Distinction/Pass/Fail
100% final assignment
Learning outcomes:
- to acquire knowledge and competencies on the management of sustainable development in dynamic environments;
- to develop a new vision on sustainable development concerning the set of interrelated issues in a world scale;
- to solve the related issues concerning long-term preservation of the planet.
None