The objective of this course is to help students to have some knowledge about financial accounting like preparation of books of accounts, income statement etc
The students are encouraged to attend lectures (80%).
The students will be accessed; Continuous assessment texts are out of 50 (quiz, CAT,) and final exam out of 50; the total is out of 100.
The module is intended to develop students’ ability to exercise professional judgment and competence in advanced financial accounting requirements for entities leading to the preparation of financial statements of different types of business entities and organizations such as joint stock companies, partnerships, cooperative-societies, banks, insurance businesses, pension funds, farming businesses and executorships
This module introduces to the students to the planning and execution of audit
and assurance engagements, familiar with legal and professional requirements of
an audit and assurance assignment, identify relevant risks, assessment and
review of client’s systems, corporate governance issues as well as generation of
audit assurance reports and embrace ethical approach to audit and assurance
work
The content of this module is about general introduction to accounting theory and standards, Accounting principles, Accounting standards, approaches to the development of accounting standards, the accounting concept of income versus economic concept of income, Nomenclature of income, Recognition of income, measurement of income and research in Financial Markets.
The present module provides basic skills regarding communication in business context. It is designed for students who are in year 2 semester 2. The module will be both theoretical and practical.
The module aims at introducing to students the important elements and aspects of tax system and authorities and their limits; familiarizing the students with the Income and Sales Tax Laws in Rwanda and equipping the students with necessary skills to deal with the situations concerning the field of taxation
Description
This module introduces to the students about the role and significance of accounting information and the fundamentals of basic accounting procedures, accounting principles, accounting concepts, assumptions and conventions, accounting cycle, which are involved in the production of a business entity’s financial statements. It is enabling the students to understand the basic language of the business, accounting as a science in addition to gain knowledge of recording of business transactions, measurement of business performance and the assessment of financial position of the organizations.