The general objective of the course is to educated students the underlying concepts and analysis of the problems that arise in the application of the concepts to financial accounting. And equally important to make students appreciate the use of accounting information as basis for business decisions by users.
Chapter 1: The Environment of Accounting
Chapter 2: Conceptual Framework for Financial Accounting and Reporting
Chapter 3: Cash Flows And Income Measurement
Chapter 4: Summery of the Accounting Process
Chapter 5: Revenue and Expense Recognition
Chapter 6: Income Measurment and Reporting
Chapter 7: Financial Statements and Additional Disclosure
Chapter 8: Accounting And The Time Value Of Money
Chapter 10: Short – Term Investments