DAF 1301: FUNDAMENTALS OF ACCOUNTING II
| Institution | Mount Kenya University |
| Course | DIPLOMA IN SUPPLIES... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | francis nduni nzambei |
| File Type | |
| Pages | 138 Pages |
| File Size | 1.67 MB |
| Views | 1733 |
| Downloads | 0 |
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Description
DAF 1301: FUNDAMENTALS OF ACCOUNTING II
Pre-requisites: DBM 114
Purpose: To develop the learners deeper understanding of the principles of book-keeping and accounts and the ability to maintain books of accounts and preparation of financial statements Course Objectives: By the end of the course unit the student should be able to:- Compile accounting data
• Prepare financial statements
• Interpret accounting information
• Use accounting information in decision making.
Course Content:
• Partnership accounts; the partnership agreement, formation of a partnership, final accounts of partnerships, valuation of goodwill and change in partnership
• Introduction to company accounts, Introduction to published financial statements
• Financial Reporting by Manufacturing enterprise
• Financial statement analysis
• Cash flow Statements
• Accounting for not for profit organizations
• Incomplete records
Teaching / Learning Methodologies: Lectures and tutorials; group discussion; demonstration;
Individual assignment; Case studies
Instructional Materials and Equipment: Projector; test books; design catalogues; computer laboratory; design software; simulators
Recommended Text Books:
• Honrgren and Sundem, G. L, Introduction to Financial Accounting, (6th Edition), New York; Prentice Hall
• Larson, K.M and Pyre, D, Fundamentals of Accounting Principles, (12th Edition), Prentice Hall
• Frank Woods & Alan Sangster, Business accounting,(9th ) Prentice Hall
Text Books for further Reading:
• Wood, Frank, Business Accounting (17th Edition), International Thompson
Below is the document preview.
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