Introduction to Accounting and Financial Management I
University of the South Pacific
Area of Study
Accounting, Finance, Financial Management
Taught In English
Course Level Recommendations
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.
Credits3 - 4
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewThis course cannot be credited to any programme in conjunction with AF100.Welcome to AF101, the first of the introductory accounting courses. With the current rage in the business environment, we are sure that you will find this course exciting and rewarding as it introduces to you the relevant concepts in financial accounting. However, to get the most out of this course, it requires hard work from you.This course is designed to enhance the students? knowledge on tertiary level accounting. The course introduces introductory level accounting and financial management. Accounting is a service activity and its function is to provide and interpret financial information that is intended to be useful in making economic decisions. Business entities, government departments, charitable organization and not-for-profit organization, family units and individuals all engage in economic activity which involves making decisions about allocating scarce resources effectively. People need relevant information to be able to make sound economic decisions. Accounting uses its own special words and symbols to communicate financial information that is intended to be useful for economic decision making by managers, shareholders, creditors and many others. As you study, you must learn the meaning of these jargons if you are to understand the messages contained in the financial reports.This course also establishes the prerequisite body of knowledge to study majority of the 200- level AF courses.
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.