Course Description

Course Name

Principles of Accounting

Session: VDNS3122

Hours & Credits

18 Credit Points

Prerequisites & Language Level


Taught In English

  • There is no language prerequisite for courses at this language level.


A foundation for further studies in accounts preparation. Examines underlying concepts, principles and techniques of financial accounting and reporting.

Teaching Arrangements
This paper is taught through lectures and tutorials.

Course Structure
This paper is a prerequisite for students wanting to continue into 200-level accounting courses. It presents basic concepts, principles and techniques of financial accounting, including the double entry system. The paper enables a deeper examination and evaluation of basic financial reports than was possible in BSNS 107, and it offers an introduction to some of the current issues relating to accounting.

Learning Outcomes
- To explore some current conceptual issues relating to accounting, including ethics and issues of responsibility
- To introduce the legislative and professional environment with respect to accounting in New Zealand
- To learn double entry accounting techniques and to translate business activities into a full set of financial reports
- To continue developing an understanding of what the basic financial reports communicate to readers and how basic financial reports are used in business
- To gain skills in independent research and team presentations

Financial Accounting, 7th edition Authors: Horngren, Harrison, Oliver, Best, Fraser, Tan and Willett Publisher: Pearson

*Course content subject to change