Financial Statements (2cr)
Course unit code: 3B00CT40
General information
- Credits
- 2 cr
Objectives
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?