THM 106 Principles of Accounting
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The course introduces the business environment, basic mechanics of record keeping and reporting of financial statement information. The topics covered include the generally accepted accounting principles, the accounting cycle, preparation and reporting of financial statements (balance sheet, income statement, and statement of shareholders' equity). The course aims to familiarize students with various tools and techniques that are currently used in accounting. Widely used accounting software tools will be used for recording transactions and preparation of financial statements.
Credit units: 3 ECTS Credit units: 5.
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