Principles of Accounting

University of Otago

Course Description

  • Course Name

    Principles of Accounting

  • Host University

    University of Otago

  • Location

    Dunedin, New Zealand

  • Area of Study

    Accounting, Business

  • Language Level

    Taught In English

  • Prerequisites


  • Course Level Recommendations


    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.

    Hours & Credits

  • Credit Points

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    A foundation for further studies in accounts preparation. Examines underlying concepts, principles and techniques of financial accounting and reporting.

    Teaching Arrangements
    This paper is taught through lectures and tutorials.

    Course Structure
    This paper is a prerequisite for students wanting to continue into 200-level accounting courses. It presents basic concepts, principles and techniques of financial accounting, including the double entry system. The paper enables a deeper examination and evaluation of basic financial reports than was possible in BSNS 107, and it offers an introduction to some of the current issues relating to accounting.

    Learning Outcomes
    - To explore some current conceptual issues relating to accounting, including ethics and issues of responsibility
    - To introduce the legislative and professional environment with respect to accounting in New Zealand
    - To learn double entry accounting techniques and to translate business activities into a full set of financial reports
    - To continue developing an understanding of what the basic financial reports communicate to readers and how basic financial reports are used in business
    - To gain skills in independent research and team presentations

    Financial Accounting, 7th edition Authors: Horngren, Harrison, Oliver, Best, Fraser, Tan and Willett Publisher: Pearson

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.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.