Basic Accounting Principles

Course Outline
Mater Salutis Seminary
I. General Principles ( Accounting for Non Accountants) (3 mins)
a. !e"nition
#. Accounting $s. Boo%%eeping
c. Accounting &'uation
(. )inancial Statements
e. &lements of )inancial Statements
f. Importance of Accounting
II. Internal Controls (3 mins)
a. !e"nition an( General Principles
#. Internal Control o$er Cas* +eceipts
c. Internal Control o$er Cas* !is#ursements
(. ,ouc*er System
III. Bu(getary Controls an( +esponsi#ility Accounting (3 mins)
a. General Principles
#. Management #y O#-ecti$es
c. Management #y &.ception
I,. Generali/ation (0 1 A) (3 mins)