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Course Description
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Course Name
Business Accounting
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Host University
Nelson Mandela University
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Location
Port Elizabeth, South Africa
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Area of Study
Accounting, Management
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Language Level
Taught In English
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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Host University Units
12 -
Recommended U.S. Semester Credits0
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Recommended U.S. Quarter Units1
Hours & Credits
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Overview
PURPOSE
The purpose of this module is to develop an understanding of the basic principles and practices and their applications in a business environment.LEARNING OUTCOMES
The student will be able to:
solve simple and simultaneous algebraic equations;draw and interpret straight-line and two dimensional graphs;calculate and apply simple and compound interest;
calculate mark-ups, transport trade-offs and do profit and loss calculations;
calculate annuities;
determine ratios and proportions;
prepare cash budgets;
understand and determine break-even analysis;
determine EOQ, value of inventory and do ABC analysis (EOQ) = economic order quantity.CORE CONTENT
Equations and simple word problems.
Simultaneous equations.
Straight-line and two dimensional graphs.
Rounding and conversion tables.
Simple and compound interest.
Annuities.
Ratios and proportions.
Profit and loss calculations.
Mark-ups.
Transport trade-offs.
Inventory.
ABC analysis.
EOQ calculation.
Breakeven analysis.
Cash budgets.