This document provides an overview of the Principles of Accounts course. The main goals are to develop a basic understanding of fundamental accounting concepts, conventions, and principles in order to prepare and analyze financial statements using the double-entry bookkeeping method. Students will also learn skills like numeracy, communication, and critical thinking. The course aims to help students acquire knowledge of accounting as an information system for monitoring business performance and making decisions.

1. Principles of Accounts

2. Principles of Accounts
The main thrust of the syllabus is on developing
basic fundamentals of accounting with a good
understanding of the rationale and underlying
principles for preparing accounting information.
You will be able to acquire knowledge of the
basic double-entry book-keeping method, and to
be able to prepare, present and analyse financial
statements.

3. Principles of Accounts
5 AIMS
• acquire knowledge and understanding of fundamental accounting concepts,
conventions, principles, procedures and techniques in the context of business
aims and activities;
• develop an understanding of the role of accounting in providing an
information system for monitoring and decision making;
• develop skills in analysing, preparing and interpreting accounting information
and understanding their implication;
• develop skills of numeracy, information technology literacy, communication,
inquiry, presentation and interpretation;
• develop attitudes of accuracy, orderliness and logical thought and an
appreciation of professional ethics such as integrity, objectivity and
independence.

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5. Do you know what these terms mean?

6. Principles of Accounts
“Accounting is a language. It is a language that
provides information about the financial position of an
organization.
When you study accounting you are essentially learning
this specialized language.
By learning this language you can communicate and
understand the financial operations of any and all
types of organizations.”

7. Principles of Accounts
Requirements
• Good learning attitude
• Perseverance
• Analytical Mind

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