The goal of this Course is to acquaint students with the basic principles and concepts which represent the framework of accounting. The Course will specifically discuss the meaning of 'accounting,' its historical development, its importance in taking economic decisions and its basic theories on which financial principles and procedures and final financial operations are based. All this is for the purpose of serving the management of the company and for other parties involved in making economic decisions related to the company. This is based on the assumption of the accuracy and the validity of financial operations during the year.
