Accounting is the language of business. Its main role is to provide relevant financial information to investors, policy-makers, regulators, and other decision makers and to help them to make suitable decisions. 

To perform an excellent career, students should understand the fundamental concepts, the terms, the principles, as well as, the different tools of accounting. In addition, they should know how accounting information is generated, measured, reported, and interpreted. In this respect, they should consider the quote from Harold Geneen, the former chairman of a major international company: “to be good at your business, you have to know the numbers”. 

This course introduces students to the vital role of financial accounting in a company or any type of organization. It will focus on several topics including recording business transactions, accounting for receivables, fixed assets, liabilities, etc.