• Semester 1 (Day)
• Semester 1 (External)
• Semester 2 (Day)
• Semester 2 (External)
• Semester 3 (External)

Synopsis

The   unit  introduces  students  to  the  conceptual  and  regulatory
framework  of accounting. This includes the environment of accounting,
the accounting elements, the accounting equation, transaction analysis
and  recording,  trial  balance and reports.  Particular  emphasis  is
placed  on  the recording, measurement and control of the major  asset
groups   (cash,  inventories,  accounts  receivable  and   non-current
assets),   and  liabilities.   An  introduction  to  various  business
structures  is  also  provided  (ie: sole  trader,  partnerships,  and
companies).   The  unit forms the basis from which further  accounting
studies may be pursued.