This subject provides an in-depth study of the regulation, concepts, applicable standards and processes relevant to financial accounting and reporting. Emphasis is on accounting principles, regulation and the applicable standards that underpin the preparation of general purpose financial statements.
Business, Commerce, and Entrepreneurship
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have
through previous study. It is the responsibility of students to ensure they meet the assumed knowledge
expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against
enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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