|
LO-1
|
Analyze the various methods of Inventory Valuation. |
|
LO-2
|
Explain the purpose of accounting records and their role in the accounting system. Analyze how such systems including cash & bank records, control accounts, coding systems, VAT accounts and Payroll records are controlled. |
|
LO-3
|
Develop the ability to account for acquisition and disposal of plant assets and intangible assets. |
|
LO-4
|
Analayze the various methods of calculating depreciation of plant assets and intangible assets. |
|
LO-5
|
Explain accounting process of long term and short term foreign sources. |
|
LO-6
|
Expand their knowledge of the stockholders’ equity section of the balance sheet and ownership options. |
|
LO-7
|
Define end-term transactions for liabilities. |
|
LO-8
|
Define end-term transactions for income and expense accounts. |