This unit presents accounting as an information system designed to process economic data systematically to enable the preparation of financial statements that will provide relevant information for the making of economic decisions. The unit commences with an identification of users of accounting reports and their needs for information. The income statement, the balance sheet and the retained profits statement are examined, including the underlying ledger recording processes and the meanings and limitations of major items in financial statements. -- Course Website
Instructor: Accounting and corporate governance staff
Prerequisites: Admission to MAcc(Prof) or MAcc(CPA) prior to 2012
