Course Overview: Financial Accounting I
This course is an introduction to the basic concepts and standards underlying financial accounting systems. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets and long-term liabilities. The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and bank reconciliation statement - as well as their interpretation.
Course Objectives
The course aims to at providing an in-depth knowledge in Finance Accounting concepts, conventions and the role of financial Accounting in the business. Gives a hands-on-experience in the process of learning the financial Accounting and know-how to prepare the financial statements.
Course Outcomes
CO-1: Demonstrate the basic concepts and conventions of accounting and its branchesCO-2: Prepare the financial statements with relevant adjustments
CO-3: Able to rectify the errors in accounting and account for depreciation on fixed assets
CO-4: Able to reconcile the differences in bank passbook and cash book
CO-5: Examine the nature of subsidiary books
- Teacher: Dr. RAVI TATI
| OBJECTIVE OF THE COURSE: | |||||
| 1. Acquire basic knowledge in Information technology and its applications. 2. To help students face the challenge when they interact with ICT. | |||||
| COURSE OUTCOMES: | |||||
| By the end of the course, the student will be able to: CO 1: Understand and describe the functions, advantages and limitations of various functional units of computer. CO 2: Gain more insight into the various networking concepts and I/O devices. CO 3: Be able to work on Windows / DOS operating systems at the basic level. CO 4: Identify various ways to gather required information. CO 5: Recognize the trends in Information Communication Technology. CO 6: Ability to present and discuss advantages and limitations of Information technology. CO 7: Use Microsoft Office programs to create personal, academic and business documents. CO 8: Classify the computers, and software based on their functionalities. |
- Teacher: APARNA VIJAYAN