Economics Courses..

  EC013               Economics  I   (Micro)

   Prereq.   None

This course introduces the basic price theory tools and their application to product and resources markets to predict price and output outcomes under various assumed market conditions, perfect competition, oligopoly, monopoly, etc.

   EC023               Economics II  (Macro)

  Prereq.  EC013

This course develops the principles of Macro Economics, i.e., the study of working of Economy at large, in particular, it examines the relationship between the major economic aggregates such as overall output, unemployment, inflation, the budget deficit, etc.

 Accounting and Finance Courses

AF013                Accounting  I

   Prereq.   None

General framework, Accounting concepts and principles, Double-entry bookkeeping and accounting systems, Accounting treatments, Financial statements, Computerized accounting systems, The financial statements of a sole trader : stock, accruals, prepayments, depreciation,  bad and doubtful debts, Incomplete records, Partnership Accounts,  Accounting concepts and conventions: the ASB’s ‘Statement of Principles for Financial Reporting’ (the Statement), Accounting for limited companies.

 AF023                 Accounting II

  Prereq.  AF013

Recording and presentation of transactions in fixed assets; liabilities and provisions, Goodwill, Research and Development, Events after the Balance Sheet Date and Contingencies, Accounting for Limited Companies 2 - Advanced, Cash flow statements, Basic consolidated accounts, Interpretation of Financial Statements, Revision of all work.

 AF033                Computer Auditing

 Prereq.   AF023

The Audit profession, the audit function, the structure of the audit profession, professional status and responsibilities of auditors. The Audit process, Elements of the audit process. Audit examinations, study and evaluation of internal control, test of transactions, test of balances, audit sampling, auditing in an EDP environment. Preliminaries on the commencement of audit. Audit reports, the auditor’s report, other reports and responsibilities. These principles will be implemented using the appropriate software. E.g. Microsoft Money and Quicken.

AF043                 Principles of Finance

 Prereq.  None

Introduction to finance, Creation of financial assets, Intermediaries, Time value of Money, Risk factors, Long term Debts, Equity, Valuations of Stock, Investment Companies, Financial futures and Stock Market.

 AF053                  Investment

   Prereq.   None

Relationship between investment and risk - The portfolio approach to decreasing risk - Introduction to the capital asset pricing model - Defining and measuring the cost of capital, Investment decision under capital rationing

AF063                 Forecasting and Budgeting

   Prereq.   AF023

Relationship between planning and budgeting - Budgets role in business organizations - Operational plans and budgets - The capital expenditure budget.

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