UC1FOA05 Foundations of Accounting
UC1FOA05 Foundations of Accounting
- Course description
- NQF LevelBachelor's degree (Level 6 1. Cycle)
- Area of StudyComputing
- Program of StudyDigital Assurance and Security Management
- ECTS05
- CampusOnlinePLUS - Bergen, OnlinePLUS - Oslo, Online
- Course LeaderPiet Delport
Language of Instruction and assessment: English
May be offered on Campus and Online.
May be offered as a separate course.
Included in the following bachelor's degrees:
- Digital Assurance and Security Management
This course aims to introduce students to the fundamental concepts of accounting, providing them with a strong foundation to understand the role of auditing. Students acquire knowledge of accounting basics, General Accepted Accounting Principles (GAAP), internal control measures, and commonly used statements in the accounting process. They also gain skills in explaining the role of specific statements in the book of accounts and constructing elementary balance sheets and income statements. The course cultivates general competence in working with numerical data and systematically approaching complex tasks.
The student has knowledge of
K1 | basics of accounting and General Accepted Accounting Principles (GAAP). |
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K2 | internal control and internal control measures. |
K3 | role of commonly used statements in the accounting process. |
K4 | recording of transactions in the general ledger. |
K5 | recording of information for taxation. |
The student gain skills in
S1 | explain the role specific statements in the book of accounts. |
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S2 | construct elementary balance sheet and income statement. |
The student can demonstrate
G1 | working with numerical data. |
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G2 | systematically approaching complex tasks. |
- Introduction to Accounting Principles
- Business Accounting Basics
- Objectives of Accounting
- Introduction to Financial Accounting
- Teaching will be based on a hybrid-flexible approach. Instructor-led face-to-face learning is combined with online learning in a flexible course structure that gives students the option of attending sessions in the classroom, participating online, or doing both.
- All activities require active student participation in their own learning.
- Learning delivery methods and available resources will be selected to ensure constructive alignment with course content, learning outcomes and assessment criteria.
- Students will be taught using a mixture of guidance, self-study, and lecture material. Topics will be introduced in a series of weekly lectures. The guidance sessions will be directed practical exercises and reading in which students can explore topics with support from a teacher. This material will also require students to self-manage their time to ensure tasks are completed and the theory is fully understood. This will allow the students to fully engage with lectures and with their peers.
- Learning resources are available in the LMS and include, but is not limited to:
- literature and online reading material (essential and recommended)
- streams, recordings and other digital resources, where applicable
- video conferencing and communication platforms, if applicable
- tools, software and libraries, where applicable
- Students must have access to an internet connection, and suitable hardware.
- Accessing live streams and virtual laboratories requires a minimum broadband connection of 2Mbps (4Mbps recommended).
- Students working on their own laptop/computer are required to acquire appropriate communications software, e.g., webcam, microphone, headphones.
The reading list for this course and any additional electronic resources will be provided in the LMS.
Activity | Duration |
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Teacher-led activity | 18 |
Teacher-supported work | 24 |
Self-study | 83 |
This course has two (2) exams contributing towards the overall and final grade of the course.
The exams must be assessed as passed to receive the final Course Grade.
Form of assessment | Grading scale | Grouping | Duration of assessment |
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Portfolio of Work | |||
Online Exam |