Skip to content
View menu
International Islamic College (IIC)
Log in
Diploma in Office Management (DMS) Calendar view

BUS1233 Financial Accounting 1


Class
Mohd Fadhil Ahmad Mazlan
Contact us for the class schedule.
Contact us

Lessons

Here is the class outline:

1. Course Outlines

1 section
Course Outlines

2. Introduction to Accounting

This section briefly explains what accounting is all about, what it does and the area it covers. It is also shows the area of accounting in the daily life especially in business sector.

1 section
Videos in accounting

3. Objectives, definitions and purpose of learning accounting

This section explains the importance of accounting, the process and the type of information produced from the financial statement. Basically, it covers the uses of the accounting information to each class of its users

7 sections
Purpose
Definition
Objectives
Uses and users of accounting information
Qualitative Characteristics of Accounting Information
Accounting Assumptions
Exercise 1 - Uses and Users of Accounting Information

4. Accounting Equation

This section explains the basic as well as the extended accounting equation and its elements. It covers the financial transactions as well as the effect to the accounting equation.

6 sections
What are we calculating for?
The Accounting Equation
Exercise 2 - Accounting Equation 1
The Extended Accounting Equation
Transactions
Quiz 1 - Transaction Analysis - Accounting Equation

5. Books of Original Entry and Double Entry System

This section explains the meaning of debit and credit. The formation of accounts and the reason behind the double entry system. It is the first step of the preparation of the financial statement.

3 sections
Book of Original Entry
Double Entry System
Double Entry - An Illiustration
Back to top