ACC1002 Financial Accounting
Coordinator and Lecturer
Associate Professor Winston Kwok bizkcc@nus.edu.sg
Aims and objectives
Accounting is the language of business, facilitating communication of the financial aspects of business. This module provides an introduction to the financial accounting branch of accounting. The activities and events of a business entity are summarized by the financial accounting process into published financial statements to be used by external users such as investors and creditors. Such users would need to understand both the financial accounting process and outputs in order to make investing and lending decisions. Therefore, students will learn how to prepare simple financial statements and also learn how to read, understand and use published financial statements for decision making. This module is targeted at business students and will be taught from the preparer perspective, as it also trains students to become accountants
Prerequisite
None
Recommended textbook
John J. Wild, Ken W. Shaw, Barbara Chiappetta, and Winston Kwok, Financial Accounting: Information for Decisions, 2nd Edition, McGraw-Hill Education (Asia), 2014. ISBN 978-1-259-01052-1 MHID 1-259-01052-X