- The activities and users of Accounting
- Explain the building blocks of accounting: ethics, principles and assumptions
- the accounting equation and define its components
- Analyse the effects of business transactions on the accounting equation
- Describe the four financial statements and how they are prepared
- Using Debits and Credits in the recording of business transactions
- The use of journals in the recording process
- The use of ledgers in the recording process
- The trial balance
