MGT101 : Financial Accounting

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Course Info

Course Category

Accounting, Banking & Finance

Course Level


Credit Hours





Mian Ahmad Farhan (ACA)
Chartered Accountant
The Institute of Chartered Accountants of Pakistan

Course Contents

Basic concepts and terminologies used in accounting, Accounting equation,Double entry book keeping, Accounting cycle: Journal, Ledger, Trial Balance and preparation of Financial Statements. Bank Reconciliation Statement, Accrual Accounting, Provision for Bad and Doubtful Debts, Accounting for Fixed Assets and Depreciation, Control Accounts, Rectification of Errors, Final Account with Adjustments, Manufacturing Account, Accounting for Inventories, Accounting for Partnership Firms, Company Financial Statements and Statement of Cash Flows.