Financial Accounting

Accounting is course of the 3rd semester of the post-graduate studies of the Department of Economics. The duration of the course consists of 13 three-hour lectures.

Objectives

The students, after successful completion of the course will be able: • understand the basic principles and functions of Accounting. • monitor the accounting turnover ie. The accounting recognition, recording, monitoring economic events. • carry out the drafting, analysis and interpretation of financial statements of companies in order to make decisions.

Prerequisites

There is no prerequisites for this course

Syllabus

Introduction to Accounting Unit of account Accounting equality Accounting event Accounting year Accounting profit Account Accounting records Calendar and journal entries General ledger trial balance Records adjusting accounts Journal entries determining accounting profit Training accounting year-end statements Journal entries closing and opening of accounts Analysis of financial statements Use of accounting data for business decisions