Financial Accounting(FA) by Joshua. Aura | Sep 5, 2023 Current Status Not Enrolled Price KES 4,800.00 Get Started This course is currently closed Course Content 1.1 Nature and Purpose of Accounting Topic 1. Introduction to Accounting 1.2 The objective of Financial Accounting 1.3 The Elements of Financial Statements 1.4 The Accounting Equation 1.5 The Users of Accounting Information 2.1 The Source documents such as receipts and invoices 2.2 The Books of Prime entry/Original Entry from the journals, cashbooks, Petty cash books and registers Topic 2. The Accounting Process and Systems 2.3 The Ledger and the concept of double entry 2.4 The Trial Balance 2.5 The Financial Statements 3.1 The legal sources of regulation 3.2 The professional sources of regulation (local and international bodies) and ethical requirements Topic 3. Regulation and other principles guiding the accounting profession 3.3 Accounting Standards 3.4 Common accounting principles/concepts 3.5 Qualities of useful financial information 4.1 Property, Plant and Equipment (depreciation, acquisition, disposal, exchange, excluding revaluations) 4.2 Intangible Assets Topic 4. Accounting for Assets and Liabilities 4.3 Financial Assets and Financial Liabilities (Definition, Examples and Classification only) 4.4 Inventory 4.5 Cash in hand and cash at bank (bank reconciliation statements) 4.6 Trade Receivables (Measurement and credit Losses) 1 of 3