The course will promote the students’ development of a functional knowledge of accounting information and procedures. The Balance Sheet, Income Statement and Statement of Cash Flows will be reviewed from the perspective of the user of financial information. This course will include an introduction to basic elements of the International Financial Reporting Standards. The course will also include some coverage of product costing, cost behavior analysis and financial budgeting.

CILO-1: Provide essential knowledge for understanding and interpreting the challenges in modern business environment. CILO-2: Recognize and understand the complexity of business and financial information.