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This course, Financial Accounting 1 (FAC2111) is designed to introduce the learner to the fundamental principles and underlying assumptions of financial accounting. The primary role of accounting, which is to provide financial information about the business to decision makers is also highlighted in this course. This course covers the accounting cycle’s basic book-keeping functions such as recording and summarizing accounting information, and preparation of financial statements of single-owner businesses from a user perspective.
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- Programme Type: Ass. Degree (two-year)
- Faculty: Business Administration (BSA)