The course focuses on the nature and ambit of business reporting. The course examines the financial information needs of business decision makers, and the production and analysis of financial reports. Students acquire an understanding of accounting concepts and the ability to apply basic financial decision tools. The time value of money is used as a basis for principles of financial management and investment decisions.

On successful completion of this course, students will understand:

1. the relationship of business reporting to the social and economic environment;

2. the nature of historic cost accounting;

3. the principles and construction of financial reports;

4. accounting for different business forms;

5. analysis and interpretation of financial reports;

6. identifying and measuring costs for practical business decisions; and

7. evaluating investment opportunities.

Assessment in this course will comprise of items such as in-class tests, group projects or assignments, class presentations and a final examination.  the performance of the studetns will be moderated by the supervising college.

Classes will meet three times weekly for two-hour sessions.