ACC1201 Financial Accounting I

This course introduces learners to the basic concepts of financial accounting, accounting records and preparation of basic financial statements. This will enable them to understand the relevance of accounting information in business decisions. It covers the topics:
Introduction, Users of Accounting Information and Concepts; The Accounting Equation and Double Entry System; The Accounting Cycle; Special Journals; Trial Balance and Adjustments; Completion of the Accounting Cycle – Financial Statements; Accounting for Cash and Bank Transactions; and Accounting for Debtors and Creditors and Promissory Notes 

General Course Objectives
On successful completion of this course unit, the learners should be able to:

• Outline various steps involved in hypothesis testing
• Work out various hypothesis tests
• Compute hypothesis tests using different tests
• Apply the various hypothesis test in taking statistical decision and drawing up conclusions

Expected Learning Outcomes
By the end of this course learners should be able to:

• Distinguish between parametric and non-parametric methods.
• Carry out different tests of hypothesis using different non- parametric methods
• Choose appropriate methods and tests/statistics for given problem