Course Details

Principles of Accounting

LOS: CR/UNWEPA1

LOI: CRI/UNWEPA1-2023-2


-ui_uihk_ilascbase_course_term-
Spring Semester 2023/24
-ui_uihk_ilascbase_course_level-
Bachelor
-ui_uihk_ilascbase_course_delivery-
Hybrid
-ui_uihk_ilascbase_language-
English

Course Dates

Start: 2024-01-29

End: 2024-01-29

-ui_uihk_ilascbase_ects-
5 ECTS

Course Description

The course provides the students with the knowledge of:\n\n • the role and importance of accounting as a scientific and practical activity;\n • the concepts, principles and techniques of double entry accounting;\n • the components and the interrelations of the financial statements\n • the reasoning of the acquired knowledge through critical acceptance, understanding and expression of theories and principles.\n\n The course will help students acquire skills, such as:\n • using double entry accounting techniques and maintaining accounting records (adjusting and closing the accounts included);\n • identifying and correcting omissions and errors in accounting records and financial statements;\n • preparing and presenting non-complex financial statements;\n • using better framework of logical economic thinking for solving problems in the professional field.