The course provides detailed understanding of the technical aspects and concepts used in producing financial and management accounting reports.

After studying this course, students are expected to attain proficiency in the following areas :

• Understand the assumptions underlying accounting information;
• Understand and apply accounting principles for recording and preparing accounting information;
• Apply the principles of internal control;
• Assign costs to production;
• Account for capital contributions and profit distributions for partnerships and companies;
• Develop or improve skills for working effectively in a team, including negotiating and setting goals, meeting deadlines and giving and receiving feedback;
• Able to utilise a computerised accounting package to set up the accounts and complete the accounting cycle of a small business;
• The use of self and peer evaluation to evaluate and improve the quality of your performance; and
• Develop or improve a range of generic/soft skills essential for commerce graduates.

• Tutorial attendance, participation and presentation
• <!--[endif]-->Assignment
• Final examination<!--[endif]-->