Aim:
Ø To introduce the student, the basics of accounting, management accounting, financial reporting etc.
Ø The development of the ability to understand the nature of the information presented by accountants, particularly in balance sheets, profit and loss accounts and cash flow statements.
Ø To know the strengths and weaknesses of accounting information as a basis for decision taking.
Ø To comprehend the financial performance measures used to assess the extent to which an organization reaches its objectives.
Ø To enable the students to independently read and analyze financial statement of an organization.
Ø To get an idea about emerging areas in accounting practices such as sustainability reporting, forensic accounting etc.