Basis of accountancy TN02080

Course content:Fundamentals of enterprises accounting: engaged resources (assets) and their source of financing (liabilities), balance sheet - structure and legal requirements, vertical and horizontal analysis of the balance sheet.
Postings on permanent accounts: meaning and types of accounting records, meaning of the permanent account, double entry bookkeeping system. Trial balance. Company chart of accounts. Profit & Loss and Balance sheet accounts. Synthetic and analytical accounts. Stock accounting, settlement with the debtors and creditors, money circulation registration procedures.
Costs and revenues - definition and classification: costs and revenues - the meaning and basic criteria of them classification. Costing. Costs and revenues vs. expenditures and income.Financial reporting

Learning outcomes: understending the pronciples and legal bases of accounting, understending of the content intems of the reports and links beetween them,