1. Explain the basic concepts of accounting.
2. Comprehend the impact of business transactions on the accounting equation.
3. Apply the double-entry principle to record business transactions.
4. Prepare trial balance.
5. Prepare a set of financial statements incorporating balance day adjustments.
6. Prepare classified financial statements.
7. Apply basic internal controls in managing cash.
8. Account for inventories under the two inventory systems using different cost flow assumptions.
9. Account for depreciation of non-current assets.
10. Apply basic techniques in analysing the business’ performance.

Modes of Assessment

• Test(s)
• Assignment(s)
• Quiz(zes)
• Class Participation
• Examination

Certification

Upon successful completion of the modular unit, students will be awarded a Statement of Result which can count towards the attainment of the following: 

Diploma in Business Practice (Business Administration).

Diploma in Business Practice (Logistics Management)