Diploma Course
Financial Accounting
Master the accounting cycle, double-entry records, ledgers, trial balance, adjustments and basic financial statements.
Asynchronous
DIT-204-ASY
Accounting & Finance
Course enrollment is managed through a Diploma
Students do not enroll in this Course separately. Select a Diploma containing this Course.
View Diploma in Information TechnologyCourse Overview
This course introduces the principles and procedures used to record and report financial transactions. Learners apply the accounting equation and double-entry system, prepare journals and ledgers, balance accounts, manage cash and bank records, make period-end adjustments and produce basic financial statements. Spreadsheet activities connect accounting concepts with practical digital record keeping for small businesses and organizations.
Learning Outcomes
• Explain the purpose, users, assumptions and basic principles of financial accounting.
• Apply the accounting equation and double-entry rules to routine transactions.
• Record transactions in journals and post them accurately to ledger accounts.
• Prepare a trial balance and identify common recording and posting errors.
• Complete basic adjustments and prepare income statement and statement of financial position.
• Use spreadsheets to organize, calculate and present accounting information.
• Apply the accounting equation and double-entry rules to routine transactions.
• Record transactions in journals and post them accurately to ledger accounts.
• Prepare a trial balance and identify common recording and posting errors.
• Complete basic adjustments and prepare income statement and statement of financial position.
• Use spreadsheets to organize, calculate and present accounting information.
Assigned Instructor
MA
Mubasher Ali
Instructor
Course Information
- Learning Mode Asynchronous
- Duration 24 Weeks
- Course Type Core