General description
The course is primarily directed to non-accounting specialists, and aims in general to provide managers and decision-makers at various administrative levels with basic knowledge of accounting and its branches related to their work. The course includes twelve chapters:
Chapter1 presents a conceptual introduction to accounting science and its intellectual framework, the accounting information produced by the system for users of that information and its quality characteristics.
Chapter2 deals with the basics of the accounting cycle in terms of registration in accounting books and the theory of double entry.
Chapter 3 deals with extracting account balances, preparing the trial balance, and preparing of the final financial statements.
Chapters 4, 5, 6 deal with the recording and accounting treatment of the basic transactions of the project, including capital transactions, operational transactions, and revenue transactions.
Chapter 7 deals with the adjustments for settle the revenues and expenses, the treatment of the inventory of goods, the concept and methods of depreciation of non- current assets.
Chapter 8 deals with the components of the financial statements, the income statement, the statement of financial position and the cash flow statement.
Chapter9 deals with methods and approaches to calculating the cost of the product, cost concepts and classifications, theories and statement of costs.
Chapter 10 deals with planning processes for the volume of production, profits, break-even analysis, the margin of safety and the product mixture.
Chapter 11 deals with planning budgets and methods of preparing and using them.
Chapter 12 deals with the basics of financial analysis and methods of performance appraisal.