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FINANCIAL ACCOUNTING I COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
ISL103 FINANCIAL ACCOUNTING I 1 3 3 7

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Define basic accounting concepts
Explain the role of accounting information system and functions of accounting.
List financial data from annual reports of corporations
Calculate VAT
Explain concepts and procedures of financial reporting including trial balance, balance sheet, and income statement