Course Details
Principles of Accounting
LOS: CR/UNWEPA1
LOI: CRI/UNWEPA1-2023-2
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.