National University of Sciences and Technology
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GMT 561 Financial Accounting
Campus NBS
Programs PG
Session Fall Semester 2016
Course Title Financial Accounting
Course Code GMT 561
Credit Hours 3
Pre-Requisutes
Course Objectives This course enables basic grasp of accounting principles, accounting treatment for any business transactions, rules and regulations and that you go beyond just memorizing a number of facts and formulas. Doing so allows the students to better understand current events in Accounting and provides a solid framework for any subsequent courses they may undertake in Accounting and Finance.
Detail Content This course deals with a study of basic accounting procedures including transaction recording in journals and ledgers, adjusting entries, closing entries, preparation of financial statements, analysis and interpretation of financial statements, accounting for merchandising activities, cash, receivables, inventories, plant and equipment, liabilities, accounting concepts, corporations and statement of cash flows. Besides knowledge regarding the aforesaid features, the course helps in developing, measuring, analyzing, validating, and communicating financial and other information and ensuring its integrity.
Text/Ref Books
Time Schedule Fall Semester 2014
Faculty/Resource Person To be finalized