This unit introduces the "language of business," focusing on the systematic recording, reporting, and analysis of financial transactions. Students will master the transition from basic bookkeeping to the preparation of professional financial statements.
Core Learning Pillars
The Accounting Equation: Understanding the relationship between Assets, Liabilities, and Equity.
The Accounting Cycle: Mastering the double-entry system, from journal entries to trial balances.
Financial Reporting: Preparing Income Statements, Balance Sheets, and Cash Flow Statements.
Principles & Ethics: Applying GAAP/IFRS standards to ensure financial transparency.
What You Will Gain
By the end of this unit, you will be able to process business transactions accurately and interpret financial data to make informed management decisions.
Business management is the process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.
Welcome to Economics Skills, a course designed to build your understanding of how economic principles work in everyday life and the business world. You’ll learn how resources are managed, how markets operate, and how decisions are made at individual and national levels. The course focuses on developing practical skills in economic analysis, critical thinking, and problem-solving — preparing you to make sound decisions in a dynamic economic environment.
