Introduction to Accounting


This is an introductory module in accounting which assumes no prior knowledge of the subject.  It is designed to introduce students to the basic accounting terms & concepts, transaction processing, presentation and interpretation of accounts.

Learning Outcomes

  1.  Ilustrate a broad introductory knowledge of the nature, purposes, role and importance of accounting, from a user perspective;

  2. Prepare financial statements for sole traders incorporating a basic knowledge of fundamental accounting concepts, regulations and processes;

  3. Apply the principles of the double-entry bookkeeping system in financial record keeping.

  4. Interpret, evaluate and use accounting information at a basic level and be able to apply simple analytical techniques;

  5. Formulate a nascent sensitivity to the composition, value and limitations of accounting information.

% Coursework 30%
% Final Exam 70%