CourseAB301

Week8 of 16

SemesterI

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This week’s topics

Midterm evaluation

Midterm assessment of the criteria taught so far
Individual feedback and targets

What you will be able to do

1.1 Explain why business organisations need to record financial transactions.
1.2 Describe how the recording of financial transactions meets the needs of the organisation’s internal and external stakeholders.
2.1 Describe principal source documents and Books of Prime (Original) Entry used to record financial transactions.
2.2 Prepare principal source documents and Books of Prime (Original) Entry for business transactions.

Activity

Midterm assessment task and individual feedback.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.

Week 7 Week 9

Course chat

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Course plan

Week 1: Purpose of Recording Financial Transactions
Week 2: Stakeholder Needs and Financial Information
Week 3: Principal Source Documents
Week 4: Preparation of Business Source Documents
Week 5: Books of Prime Entry Overview
Week 6: Cash and Bank Prime Records
Week 7: Preparing Books of Prime Entry
Midterm: Midterm evaluation
Week 9: Capital and Revenue Classification
Week 10: Accounting Approaches for Capital and Revenue Items
Week 11: Evaluating Misclassification of Capital and Revenue
Week 12: Applying Recording Financial Transactions in practice: case…
Week 13: Assignment workshop: research, planning and referencing
Week 14: Assignment workshop: drafting, feedback and improvement
Week 15: Review and coursework completion
Final: Final assessment and submission

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