Description

To learn about accounting as an information system that provide decision makers (users) with accounting financial information for making rational economic decisions. In addition, this course will focus on accounting as a language of business and as a service activity intended to recording economic events of the business in accounting books, measuring, and reporting business transactions in different types of organizations through annual financial reports (tool of communication).

Program

IS -132 CRs

Objectives

To introduce students to Accounting, stressing its importance in today’s business world. To help students understand the main concepts and principles of Accounting. To provide students with a theoretical basis upon which they will develop their knowledge in other areas of accounting. Process financial data

Textbook

Wild, John, Ken W. Shaw, and Barbara Chiappetta. Fundamental Accounting Principles. McGraw-Hill Higher Education.

Course Content

content serial	Description
1	Introduction and overview the course
2	Meaning of accounting, users and uses of accounting information
3	Generally Accepted Accounting Principles(GAAP)& Financial Reports
4	Basic Accounting Equation (Balance Sheet Equation)
5	The Accounting Cycle (Step 1, 2, 3, and 4)
6	Review and more examples
7	Measuring Business Income
8	Measuring Business Income (cont)
9	GAAP & Measuring Business Income
10	Adjustments (Step 5)
11	Adjusted Trial Balance (Step 6)
12	Adjusted Trial Balance (Step 6) (cont)
13	Complete the Accounting Cycle( Step 7, 8, and 9)
14	Review and more examples
15	Final Examination

Markets and Career

Generation, transmission, distribution and utilization of electrical power for public and private sectors to secure both continuous and emergency demands.
Electrical power feeding for civil and military marine and aviation utilities.
Electrical works in construction engineering.

Degree Bachelor
Code: CNC3402
Credit hrs: 3
Prequisites: -

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Introduction to Accounting