Objectives
The objective of accounting includes the following
1. To enable you to develop an ability to:
2. To develop the following skills and processes acquired particularly through accounting:
3. To develop an ability to link accounting with relevant computer applications.
4. To familiarise Accounting as a means of recording, analysing and evaluating economic activity and consequently to equip you with an appreciation of the importance of detail, dates and accuracy as they relate to accounting transactions and computations.
5. To provide you with an appreciation of the ethical and regulatory framework which influences and governs the preparation of financial statements.
6. To develop
1. To enable you to develop an ability to:
- prepare, understand, interpret and analyse financial statements with confidence
- appreciate and use financial statements as a means of business communication
- use analytical techniques to arrive at conclusions from financial information for the purpose of decision-making
- prepare relevant reports using financial information
2. To develop the following skills and processes acquired particularly through accounting:
- informed personal and business decision-making
- accounting processes and knowledge for personal use
- computational, problem-solving, presentational and literacy skills
- summarising and interpreting skills.
3. To develop an ability to link accounting with relevant computer applications.
4. To familiarise Accounting as a means of recording, analysing and evaluating economic activity and consequently to equip you with an appreciation of the importance of detail, dates and accuracy as they relate to accounting transactions and computations.
5. To provide you with an appreciation of the ethical and regulatory framework which influences and governs the preparation of financial statements.
6. To develop
- an appreciation of the nature and purpose of accounting
- an understanding of the objectives, concepts and conventions of financial accounting
- a mastery of basic accounting processes, their rules and norms
- an understanding of accounting principles and techniques and their application to a range of different forms and types of enterprise
- a knowledge of management accounting principles and practice, including the techniques of budgeting and budgetary control
- an appreciation of the basis upon which accounting reports are prepared and the limitations of such information
- an appreciation of the relationship between accounting and other areas of business
- attitudes of enthusiasm, confidence and self-reliance as a result of competence in accounting practice.