AF100: Introduction to Accounting and Financial Management for the Non Specialist.

This course cannot be credited to any programme in conjunction with AF101 or AF102.

This course covers the principles of compilation of standard financial reports and their use in assessing an organization’s financial strengths and weaknesses. It considers the contribution that accounting can make to the good management of an organization as a tool for planning, control and decision making. It also considers the nature of, and the markets for, organization finance.

 

AF101 Introduction to Accounting and Financial Management Part 1

This course cannot be credited to any programme in conjunction with AF100.

The accounting system as a formal information system. Accounting conventions. An introduction to the analysis of the concepts of accounting, especially revenue, expenses, income, assets, depreciation, valuation, liabilities and proprietorship. Introduction to accounting for partnerships and companies. A study of the accounting process from data collection to report preparation, presentation and analysis and interpretation.

 

AF102 Introduction to Accounting and Financial Management Part 2

Prerequisite: AF101

This course cannot be credited to any programme in conjunction with AF100.

An introduction to processing Accounting data for reporting to management. Budgets, cost concepts, classifications and accumulation, and accounting information systems will be introduced in the context of the management planning and control functions in the private sector and government, government agencies, and non-profit making organisations.

 

AF108 Introduction to Law for Commerce

This course explores the source of law, development of parliamentary law and Common law, the role of English law in the Pacific, law of contract, law of sale of goods, law of principal and agent. The topics of substantive law studied in this course are not only useful and important in themselves in the commercial/business area but also provide a sound base for further legal studies, as well as demonstrate the various sources of law, legal method and the process of change and development of the law.

 

AF121 Introduction to Accounting Information Systems

The course exposes and explores the depth of using MYOB accounting software currently adopted in many business environment for recording, analysing and interpreting accounting data in the modern business environment. This course is specially designed for financial accounting data to be analysed and report to the users such as the management and the stakeholders. In doing so, particular emphasis will be placed on using practical examples, integrating and disseminating accounting modules to suit the needs of the business. This course will provide an initiative for mainstream practical accounting knowledge within the Region.