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Principles of Accounts. What is Principles of Accounts. F.4 and F.5 Level Bookkeeping (recording the transactions of an organization) F.6 and F.7 Level Bookkeeping and Accounting (analysis of the performance of an organization). What is bookkeeping. You have $10.
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What is Principles of Accounts • F.4 and F.5 Level • Bookkeeping (recording the transactions of an organization) • F.6 and F.7 Level • Bookkeeping and Accounting (analysis of the performance of an organization)
What is bookkeeping • You have $10. • Your mother gives you $100 because today is your birthday. • You go with your friends to celebrate your birthday. • You have $15 after the celebration. • How much money do you spend?
Advantages of studying this subject • To be well-prepared for future career development. • Easier to find a job. • Closely related to daily life.
Criteria of studying this subject • Diligent • Sensitive to figures (not necessarily good at maths) • Willing to learn • Willing to think critically