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Course Description
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Course Name
Financial Accounting
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Host University
Anglo-American University
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Location
Prague, Czech Republic
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Area of Study
Accounting, Finance
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Language Level
Taught In English
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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ECTS Credits
6 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
Course Description
The objective of this course is to acquaint students with the development and analysis of financial statements. Accounting concepts and terminology will be stressed. This course concentrates on the application of accounting theory, standards, principles, and procedures to accounting problems.Course Learning Outcomes
Upon completion of this course, students will be able to:- Define, describe and interpret financial accounting Concepts, principles and theory
- Demonstrate the above concepts in application to accounting transactions and Financial Statements
- Perform the entire Accounting Cycle from accounting entries to the preparation of complete set of Financial Statements (Income Statement, Balance Sheet, Statement of Retained Earnings, and Cash Flow Statement)
- Analyze Financial Statements
- Interpret Financial Analysis Q9.
Course Disclaimer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.