About this course

Whether you are looking for a new career guide or looking to improve your current accounting skills with a recognized degree, Master of Professional Accounting will give you the flexibility to achieve your goals. Open to graduates in both accounting and non-financial fields, you will learn business accounting and management, commerce law, accounting theory, economics and finance. In all basic units, students will learn the skills to analyze and apply those skills in professional contexts.
This definition of accounting principles will introduce you to some of the basic principles of accounting, accounting concepts, and terminology. Once you are familiar with some of these terms and concepts, you will feel free to navigate through descriptions, questions, quick tests, and other features at


Content List of This course

  • Accounting
  • Importance, Purpose & Need
  • Assets & Liabilities in Accounting
  • Accounting Equation
  • GAP
  • Revenue, Expense & Drawing in Accounting
  • Expanded Accounting Equation
  • The Accounting Cycle
  • Basic Accounting Transaction
  • Journal Entries in Accounting
  • The Accrual basis and Cash basis of Accounting
  • Make a Ledger Account
  • General Rules of Debit and Credit
  • Debit and Credit Review
  • Depreciation: Straight Line, Dimnishing Value Examples
  • Prepare Trial Balance
  • Profit and Loss(Income) Statement
  • Balance Sheet
  • Cash Flow Statement
  • Financial Statements
  • Double entry systems
  • Sample Transaction
  • Accounting for Merchandise Enterprise
  • Inventory Valuation Methods
  • Cash and internal structure
  • Long term Operational Assets
  • Liability and Equity
  • Earning and dividends