Course Outcome
- Remember/Recall types of branches and its purpose, identify common methods used to reconstruct accounts from incomplete records, purpose of hire purchase and instalment system, concept of investment accounts, basic principles of computerized accounting systems and identify common software used for computerized accounting.
- Understand/Explain the methods of accounting for branch transactions, treatment of inter-branch transactions, different techniques used to calculate missing figures in incomplete records, accounting treatment of hire purchase transactions, recording investment transactions and functionalities of computerized accounting systems.
- Apply branch accounting principles to prepare branch accounts, accounting adjustments for incomplete records, accounting principles to record hire purchase transactions and prepare investment accounts.
- Analyse the impact of branch operations on the overall business and examine the investment accounts to evaluate performance and risk.
- Evaluate the advantages and disadvantages of using hire purchase as a financing option and assess the risk-return trade-offs associated with different types of investments.
