AF1101 Introductory Financial Accounting Assignment-City University, London
If you intend to specialize in finance or accounting, this session offers an introduction to financial accounting. This module aims to familiarize you with the fundamental ideas of financial accounting, as well as how these ideas are applied in the process of creating financial statements and documenting transactions, as well as how to interpret and apply financial accounting data to support a company's efficient operations. AF1101 Introductory Financial Accounting Assignment-City University, London The nature, goals, and contexts/environments in which accounting is practiced are all covered in the first section of the curriculum. After that, the module goes over the fundamentals of accounting, including the accounting equation, ideas, norms, and rules, as well as the recording and summarizing system that forms the basis of financial accounting. Furthermore, the ideas of recognition and measurement are imparted. The creation of financial statements from the trial balance for