The course provides an introduction to the basics of accounting. Students will study basic accounting documentation and learn to understand accounting terminology, eg: fixed assets, financial assets, balance sheet, and closure of accounts or final accounts.

The course introduces the basic accounting principles that underlie the accounting model for measuring and reporting the financial data of a business organisation to external parties. The course presents accounting according to the main accounting concepts and principles, but also the widely spoken business vocabulary required not only by accountants, but also by any student seeking a career in business.