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 |
6 |
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 |