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Financial accounting 111


 
Module code FRK 111
Qualification Undergraduate
Faculty Faculty of Economic and Management Sciences
Module content

The nature and function of accounting; the development of accounting; financial position; financial result; the recording process; processing of accounting data; treatment of VAT; elementary income statement and balance sheet; flow of documents; accounting systems; introduction to internal control and internal control measures; bank reconciliations; control accounts; adjustments; financial statements of a sole proprietorship; the accounting framework.
Module credits 10.00
NQF Level 05
Service modules Faculty of Engineering, Built Environment and Information Technology
Faculty of Education
Faculty of Law
Faculty of Natural and Agricultural Sciences
Prerequisites No prerequisites.
Contact time 4 lectures per week
Language of tuition Module is presented in English
Department Accounting
Period of presentation Semester 1
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