CSEC Principles of Accounts (Grade 11) By Mrs. Janet Cable
RATIONALE
Accounting is the financial information system that provides relevant information to those who manage or use economic resources or engage in other economic activity. Principles of Accounts is a course of study that provides an introduction to the principles and techniques that accountants employ in measuring, processing, evaluating and communicating information about the financial performance and position of a business. This course in Principles of Accounts helps students to develop an understanding of a range of theoretical and practical techniques used in Accounting. It helps to develop skills that should enable them to participate more effectively and responsibly in today’s business and technology-based environment, to improve the management of personal financial activities, such as, budgeting, savings and investment. In addition, this course prepares students for post-secondary and professional studies and entry level employment in Accounting.
AIMS
The syllabus aims to:
- introduce fundamental concepts, practices and purposes of Accounting;
- encourage the development of critical thinking and entrepreneurial skills;
- foster attitudes useful in adapting to a dynamic business environment;
- provide a foundation for further studies in accounting;
- foster an awareness of the place of technology in Accounting; and,
- provide an acceptable level of competence for entry-level employment.