Describe the elements of financial reports, apply double entry recording and prepare basic financial reports

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Describe the elements of financial reports, apply double entry recording and prepare basic financial reports

AFF1000 - Principles of accounting and finance

Objectives

• The learning goals associated with this unit are to:
• 
• describe the elements of financial reports, apply double entry recording and prepare basic financial reports
• 
• analyse and interpret financial reports and explain their use for decision making
• 
• interpret information (financial and non-financial) for managers to use in planning, decision making and control
• 
• use net present value to make capital budgeting and investment decisions
• 
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with introductory

accounting and finance principles.