Higher Certificate In Accounting

The basic introductory elements of Accounting. Know the objectives and function of accounting as a field of study. Understand the elementary accounting and business processes.

Explain the basic fundamental elements of accounting concept. The module covers the following: introduction to the functions of accounting; financial calculator; Accounting equation; General ledger; Value added tax and percentage mark up on goods; Cash journals; Credit journals; General journals. 

The module provides students with the basic principles of accounting with a view to preparing the basic financial statement of a sole trader.

The module covers the following: trial Balance, bank reconciliation, debtors and creditors reconciliation, property, plant, equipment, and depreciation (Non-Current Assets), Inventory on hand valuation and Year-end adjustments and financial statements