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Course Objectives:
Introduce students to the nature of accounting and its role in society as well as concepts and principles underlying the accounting and the definition of the student how to prepare financial statements and the methods and routes used by the accounting in providing information on economic events.
Course Content:
1 - A general introduction to accounting
2 - The definition of accounting.
3 - The properties of accounting information.
4 - Assumptions and principles of accounting.
5 - Accrual and cash basis.
6 - Stages of fixed assets.
7 - The accounting treatment for the purchase of fixed assets.
8 - The accounting treatment for fixed assets.
Skills expected from this course:
1. Teach the student to the scientific background and different theories of accounting
2. The student's education assignments and accounting principles
3. The student's education stages of fixed assets and the accounting treatment for the purchase of fixed assets and the accounting treatment for fixed assets
Textbook:
Belverd E. Needles, Marian Powers, Susan V. Crosson, "Principles of Accounting", South-Western College / West; 11 edition (January 5, 2010), ISBN-10: 1439037744
Reference:
Belverd E. Needles, Marian Powers, and Susan V. Crosson, "Principles of Accounting", South-Western College Pub; 10 edition (January 12, 2007), ISBN-10: 0618736611
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