Unit Code: ACC503

Unit Name: Computerized Accounting

Description: This course is designed for students interested in an Accounting career. It also gives general understanding of how to use accounting information, to anyone in the business environment. The course has a strong focus on decision making role and help students attain general skills in accounting such as critical thinking, problem solving and interpersonal communication skills. Students should be able to monitor company\'s financial transactions. In addition, this course focuses on an introductory understanding of accounting information system, accounting concepts, accounting principles, accounting cycle, recording of transactions, and financial statement concepts. Furthermore, students should be able to understand the financial performance and interpret the financial status of financial entities.

Learning Target Outcomes: On successful completion of this course, students will be able to: Attain decision making skills in Financial Accounting Demonstrate Knowledge of each step in the accounting cycle. Prepare General purpose financial reports from the accounting system. Using appropriate accounting standards. Discuss suitable internal controls for an accounting entity. Identify appropriate methods to determine the value Accounts Receivable, Inventory, Non-Current Assets and Labilities. Analyze and Interpret financial performance and position of an accounting entity using appropriate ratios.

Prerequisite: Year 13

Prerequisite Sentence: N/A

Credit Point:

Offered In: Semester 1