MGT101 – Financial Accounting introduces students to the foundational concepts and principles of accounting, equipping them with the skills needed to record, analyze, and interpret financial information. This course is essential for understanding the financial operations of businesses and preparing financial statements accurately.
Key topics covered in MGT101 include the accounting cycle, double-entry bookkeeping, journalizing transactions, ledger maintenance, trial balances, and the preparation of financial statements such as income statements, balance sheets, and cash flow statements. The MGT101 course also explores the role of accounting in decision-making and financial analysis.
By mastering these principles, students will develop a strong understanding of accounting practices that are crucial for business operations and compliance. Practical examples and case studies ensure learners can apply their knowledge effectively in real-world scenarios.
Order MGT101 – Financial Accounting through VU Bookshop Online to gain comprehensive knowledge of accounting fundamentals. Enhance your academic journey with the resources and support available at Virtual University.