BIM 205 Principles of Accounting
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The course introduces the accounting cycle and studies the concepts and principles of accounting that are utilized for business purposes. Accounting procedures that are used in the preparation of financial statements for sole proprietorships, partnerships and corporations, and financial statement analysis are covered. The course also aims to familiarize students with various tools and techniques that are currently used in accounting. A widely used accounting software and Microsoft Excel are used for recording transactions and preparation of financial statements using computers.
Credit units: 3 ECTS Credit units: 5.
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