ACCO 240 Lecture Notes - University Of Mauritius, Bank Reconciliation, Earnings Management
22 Apr 2014
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Document Summary
The aim of the module is to provide basic knowledge and understanding of accounting concepts, principles and techniques and how these are used in business for reporting and decision making purposes. In addition, the module is designed for those students seeking to work in the banking & financial services. Moreover, it will provide a stepping- stone to students who are interested in enrolling on professionally recognised qualifications such as the chartered financial analyst (cfa) programme. The role of accounting information; recording and summarising transactions; accounting. Concepts & preparing final accounts; adjustments to final accounts; capital v/s revenue. Expenditure; bank reconciliation statement; accounting ratios & interpretation techniques; Introduction to group accounting & related issues; accounting for internal decision making. Techniques; elements of cost; costing methods & techniques; decision making techniques; Accounting for manufacturers; budgets; regulatory framework for company financial. Reporting; understanding published annual reports; corporate failures prediction; forecasting.
