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FIN-101Undergraduate

Financial Accounting

The language of business: recording, summarising and interpreting financial transactions. Students move from journal entries to full financial statements and learn to read what those statements reveal about a firm.

Topics covered

  1. 01Accounting equation & double entry
  2. 02Journal, ledger & trial balance
  3. 03Preparation of financial statements
  4. 04Depreciation & inventory valuation
  5. 05Cash flow statements
  6. 06Reading annual reports

Learning objectives

  • Record and classify business transactions accurately
  • Prepare and interpret the three core financial statements
  • Connect accounting numbers to business reality

Recommended books

  • Financial Accounting — T.S. Grewal (placeholder)
  • Financial Accounting for Managers — Sanjay Dhamija (placeholder)