Accounting

 

Accounting focuses on measuring performance, and processing and communicating financial information about economic sectors. This discipline ensures that principles such as ethical behaviour, transparency and accountability are adhered to. It deals with the logical, systematic and accurate selection and recording of financial information and transactions, as well as the compilation, analysis, interpretation and communication of financial statements and managerial reports for use by interested parties(Department of Basic Education, 2011, p.8).

Topics

Accounting concepts, GAAP principles,  Bookkeeping,  Accounting equation, Final accounts and financial statements, Salaries and wages, Value-Added Tax and Reconciliations.

Cost accounting and Budgeting.

Indigenous bookkeeping systems, Fixed assets, Inventory, Ethics and Internal control.

 

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