Accounting I

Accounting I attempts an introduction to the fundamental theoretical background of accounting. In essence, this course focuses on the presentation and understanding of the role of accounting information in the decision-making process. Emphasis is given to the nature of this information and the financial reporting process. More specifically, the discussion provides issues such as the establishment of financial statements, their context and criteria for the grouping of the economic figures, accounting principles, the Journal and the recording of the accounting facts, the Ledger, and analytical presentation of the stage of the accounting cycle. Furthermore, the course aims to develop critical thinking and capacity enhancement regarding accounting issues.
This course provides essential knowledge for students in the field of economics and, in combination with the other accounting courses, offers an integrated background for graduates who desire to continue their studies in the science of accounting and finance.