Accounting

    Course Code: 
    8181
    Semester: 
    1st
    Compulsory Courses
    Professor: 

    DEMIRAKOS EFTHIMIOS

    Course Description

    The objective of the course is the presentation of fundamental accounting concepts, which are necessary for the preparation of financial Statements. An additional objective is the recognition of economic events by the accounting system and their presentation in the financial statements. The course emphasizes both theoretical and practical issues addressed by the International Financial Reporting Standards. The main topics covered in the course are:

    • The theoretical foundation of Financial Accounting.
    • The Balance Sheet.
    • The Income Statement, the Comprehensive Income Statement and the Statement of changes in Shareholders’ Equity.
    • The Accounting Cycle.
    • Introduction to the Statement of Cash Flows and financial statement analysis

    Learning Outcomes

    Upon completion of this course, students will be able:

    • Τo prepare Financial Statements.
    • Τo recognize and record accounting events.
    • Τo prepare trial balances and general ledger accounts.
    • To record adjusting entries and correct accounting errors
    • To analyze financial statements using basic financial ratios.