Principles of Financial Accounting

In this introductory Accounting course, the basic principles of Financial Accounting are examined, including conventional measurement and financial reporting. More specifically, the course covers:

• The background and role of Accounting
• Double-entry bookkeeping and accounting records
• Income Statement
• Balance Sheet
• Preparation of Financial Statements
• Cooperatives and Limited Liability Companies
• Cash Flow Statements
• Interpretation of financial accounts
• Regulatory and conceptual accounting framework
• Measurement systems
• Annual reports
• Creative accounting

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CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.