This module will teach you the fundamental accounting concepts, skills and techniques to enable you to be able to collect and record data and transactions, and prepare accounting statements and management accounts.
Key topics will include the functions and differences between financial and management accounting, and identification of the regulatory framework.
You will learn about the accounting system and accounting records at an introductory level, including ledger accounts, double-entry bookkeeping and correction of errors. There will be an introduction to the preparation of final accounts, incorporating accounting adjustments, and cash-flow budgets, including the use of spreadsheets in analysing business scenarios.
