1. Accounting (Foundation)

2. Aims of the syllabus
The syllabus is intended to enable the students to:
• develop an ability to apply accounting concepts, principles and practices
• understand the role of accounting as an information system for monitoring, problem-solving and decision-making and the place of accounting in changing economic, social and technological environments
• develop a critical and analytical approach to examining and evaluating accounting policies and practices
• develop skills of communication, analysis, interpretation and presentation of both qualitative and quantitative accounting information

3. Curriculum content The accounting system Financial accounting
Financial reporting and interpretation
Costing principles
Preparing financial statements
Budget

4. Assessment at a glance Continuous Assessment Paper Weighing 20% 40%
Paper hour / 30 marks
Short answer questions
Paper hour 30 minutes / 90 marks
Structured questions
Paper hours 30 minutes / 120 marks
Short answer and structured questions
Continuous Assessment

5. Assessment objectives
AO1: Knowledge and understanding
AO2: Application of knowledge and understanding
AO3: Ability to select, analyse and present information in an appropriate form
AO4: Ability to present reasoned explanation
AO5: Ability to make judgments, recommendations and decisions