Accounting

100 LEVEL

1ST SEMESTER

COURSE CODE

COURSE STATUS

COURSE TITLE

L

T

P

U

ACC 101

C

Introductory Accounting I

2

0

0

3

BUS 101

C

Fundamentals of Business

2

0

0

2

ECN 101

C

Introduction to Economics I

2

1

0

3

ECN 103

C

Introduction to Finance

2

0

0

2

GNS 101

R

Use of English I

1

1

0

2

GNS 103

R

Information Retrieval

1

0

0

1

MTS 101

R

Introductory Mathematics I

2

1

0

3

BIO 101

R

General Biology I

2

1

3

4

Total

20

2NDSEMESTER

COURSE CODE

COURSE STATUS

COURSE TITLE

L

T

P

U

ACC 102

C

Introductory Accounting II

2

0

0

3

ECN 102

C

Introduction to Economics II

2

1

0

3

GNS 102

R

Use of English II

1

1

0

2

GNS 106

R

Logic and Philosophy

1

1

0

2

PMT 102

C

Science, Technology and Society

2

0

0

2

CSC 102

R

Introduction to Computing

2

1

0

3

ECN 104

R

Statistics for Management I

2

0

0

2

BIO 102

R

General Biology

2

1

3

4

Total

21

ACC 101: INTRODUCTORY ACCOUNTING 1 3 units

The Nature and Scope of Accounting: the Role of Accountants. The Accounting Function and Its Relationship with the Information System of Organizations Concept and Principles of Accounting, Accounting Procedure and Systems: Double Entry Book-keeping systems, the Trial Balance, Accruals, Prepayments and Adjustments: Classification of Expenditure between Capital and Revenue. Methods of Recording Accounting Data: Manual and Mechanical. Manufacturing, Errors and their correction; Suspense Account adjustment. Preparation of Final accounts of Trading, Manufacturing Organization, Bank Reconciliation Statements, Control Account.

ACC 102:INTRODUCTORY ACCOUNTING II 3 units

Review of Basic Accounting Concepts, Conventions or Principles, Preparation of Accounts from Incomplete Records; Preparation and presentation of the final accounts of non- commercial organization such as clubs, religion organizations, etc. Partnership Accounting-partnership case laws; Profit Sharing, Current and capital Account, Admission, Goodwill and Retirements of Partners for Conversion of Partnerships to Limited Liability companies. Introduction to company Accounts.