Accounting is the language of business. It’s important to have an understanding of how accounting fits into the organisation and how it delivers important information to assist decision-making.
This course uses financial statements from a central case study to connect concepts to concrete examples. It demonstrates how accounting enables an understanding of how a business is performing.
Key topics
- An information system
- Elements of accounting
- Financial statements
- Financial statement analysis.
Learning outcomes
- Explain how accounting satisfies the information needs of a range of users
- Explain the definitions relating to the five elements of financial statements
- Explain the nature of recognition, measurement and disclosure
- Explain how scaling techniques and ratios enhance analysis and interpretation of financial statements.
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