Aim and Objectives

The course will be taught in two semesters at this level which will be run for 720 hours in two six-month periods. The course will focus on application of knowledge acquired during the diploma level. Here the students are expected to be more pragmatic in apply the underlying business concepts and accounting and banking practices; and able to exhibit their research skills.

Learning Outcomes

At the end of this Unit, students will be able to:

1. Prepare a statement of profit or loss (IAS 1) from a trial balance.

2. Prepare a statement of financial position (IAS 1) from a trial balance.

3. Be able to describe the historical development of reporting standards, and understand the functions of

4. reporting standards.

5. Be able to demostrate an understanding of the following accounting standards - IAS1;

6. IAS2; IAS7; IAS8; IAS10; IAS 16; IAS 18; IAS 37; IAS 38; and IFRS 13.

Entry Requirement

WASSCE: 3 credits including Mathematics and English plus two passes in the relevant area or its equivalent. Completion of the certificate level
Matured students: must be 35 yrs and above or 4 years working experience

Course Content

1st Semester

2nd Semester

L = Learning hours, T = Theory, P = Practical, CH = Credit Hours.

INTERNSHIP/WORK PLACEMENT DURATION AND METHODOLOGY: 3 Months

Assessment