Outline of the course
- Fundamental accounting concepts. Generally Accepted Accounting Principles. Theoretical Framework.
- Types of entities
- Basic financial statements (Balance Sheet and Income Statement)
- The concept of account and it’s distinctions
- Basic accounting books – Accounting Cycle.
- Accounting procedures during the fiscal year
- Accounting procedures at the end of the fiscal year
- Accounting treatment of errors
- Exercises giving emphasis in the stages of Accounting Cycle.