Financial accounting focuses on recording, summarising, and reporting a company’s financial transactions through standardised statements such as the balance sheet, income statement, and cash flow statement. It ensures transparency, accuracy, and compliance with accounting principles and regulations for external stakeholders.

1. midterm EXAM 30 marks
2. TMA 15 marks
3. Attendance: 5 marks
4. final exam, 50 marks

midterm(30 marks)

1. part one ( recording transactions)
2. part two ( inventory methods)
3. part three ( depreciation for non-current assets)
4. theoretical

TMA (15 marks)

1. You have to solve the TMA with yourGROUP

FINAL ( 50 marks)

1. Adjustment
2. company account
3. partnership
4. ratios
5. bank reconciliation
6. cash flow statement
7. theoretical