ACC206 : Intermediate Financial Accounting And Reporting / Faculty of Accountancy

This course is designed to enable students to prepare basic ledger control accounts, the ability to identify and correct different types of errors and also to construct financial statements form the available information under incomplete record situations for a sole trader. This course also enables students to describe the characteristics of a partnership, prepare their related accounts and financial statements and account for the changes in a partnership. It is also designed to provide the conceptual foundation of non-profit organisations and enable students to prepare the related accounts.