HFAC 130-1 Financial Accounting

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HFAC 130-1 Financial Accounting:

The program introduces the student to the fundamental notions and tenets of accounting for formulating financial affidavits, including the income statement regarding the economic achievement and balance sheet regarding the financial status. The program mainly concentrates on understanding accounting information systems, accounting principles, accounting concepts, accounting cycle, financial statement concepts, and recording of transactions.

The fundamental objective of the program includes:

Raise financial accounting issues to students, including investigating and reporting problems pertinent to bargains and penalties and formulating the financial statements. Throughout the program, the students are determined to attain the potential to utilize accounting information as a method in correlating remedies for managerial situations, analyzing financial performance, and comprehending the economic structure.

After the successful completion of the program, students will:

• Become capable of combing the practical and academic knowledge of financial accounting.
• Students will become competitive novices and formulate an understanding of arising sensations in the financial account.
• Will acquire the decision-making abilities of the students in the financial examination context.
• Attain proficiency to recognize and slate financial accounting difficulties

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