On completion of this course, the learner should be able to:
Explain the role of accounting and accountants.
Describe the financial reporting framework.
Explain the qualitative characteristics of financial information.
Explain the different forms of business organisations.
Record transactions in the books of prime-entry and ledgers using double entry bookkeeping.
Prepare a trail balance and correct errors in accounting records.
Prepare financial statements for business organisations, manufacturing concerns, non-profit making organisations, and partnerships.
Reconcile financial transactions.
Prepare accounts and financial statements from incomplete records.
Understand and apply the general features of financial statements.
Apply international financial reporting standards.
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Unit 1 - The Accounting Cycle
Unit 2 - The Regulatory Framework
Unit 3 - Qualitative Chracteristics
Unit 4 - Books of Prime-entry
Unit 5 - Ledger Accounting
Unit 6 - Double Entry
Unit 7 - Trial Balance Extraction
Unit 8 - Correction of Errors
Unit 9 - Bank Reconciliation
Unit 10 - Control Accounts
Unit 11 - Non-current Assets
Unit 12 - Accruals and Prepayments
Unit 13 - Bad Debts and Doubtful Debts
Unit 14 - Final Accounts
Unit 15 - Accounts of a Sole Trader
Unit 16 - Manufacturing Accounts
Unit 17 - Accounts of Non-profits
Unit 18 - Partnership Accounts
Unit 19 - Company Accounts
Unit 20 - Incomplete Records
Unit 21 - Cashflow Statements
Unit 22 - Inventories
The course has been designed for students undertaking Financial Accounting under CPA(U) professional course and has been built around the official CPA(U) syllabus. The course is also designed for students pursuing a foreign accountancy qualifications such as ACCA and students undertaking financial accounting at institutions of higher learning.
CPA Innocent MUGISHA
CPA Innocent Mugisha is a Professor of Finance and Accounting with over 10 years experience in teaching Accounting and Finance related courses including Financial Accounting both at University and Professional level. His qualifications are: PhD (candidate), MBA(Finance), CPA(U), FCCA, CIPS, CTA and BCOM (Accounting). Innocent has also published various books on most topics in Accounting and Finance for Business and Professional Studies.
Perfect for participants looking for weekly classes