Financial Accounting

This course aims to provide you with the necessary introductory accounting knowledge to
understand how to use financial statement information to make economic decisions from a user
perspective such as investors and creditors. In the process, you will learn to prepare a basic set
of financial statements in accordance with the Singapore Financial Reporting Standards.
The course also examines the impact of various accounting choices on the financial statements
and the incentives that contracts based on accounting numbers can create for different
stakeholders. This will help you understand why managers choose certain accounting methods
and avoid others. This learning forms the foundation for further studies in areas which require
accounting knowledge.