This academic course will acquaint the students with theoretical basics of Financial Accounting and related initial practice applications in terms of sole proprietorship, business partnership, and corporation. This course is determined as one of the basic introductory business academic courses, which will enroll students specialized in Economics field.

Effective studying of accounting fundamentals will give for students a great opportunity to understand the basic concept of implications of effective organizing the business performance of organizations for the needs of recording their day-to-day business transactions, and required financial reporting in accordance with the governmental regulation standards.