Module Syllabus Overview
This module introduces basic accounting principles, with specific emphasis on those principles that are applicable to legal practitioners. You will learn about the basic accounting equation (BAE), journals, ledgers and trust accounts.
This module has a multiple choice (MCQ) exam as well as two assessments. The two assessments combined have a marking weight of 20% and the exam carries 80% of the marks.
This module is at the NQF 5 level and is worth 12 credits.
At the end of this module you will understand the basics of:
- Accounting equation
- Ledgers
- Journals
- Trust accounts
- VAT
- Interest
- Inflation
- Assets & liabilities
Interactive Examination Preparation
Do not risk walking into the exam season blind! Watch recordings from our previous exam prep sessions and use our mock exams to simulate what the real exam will be like, assess your current knowledge level and how well prepared you are for the exam.
FAC1503 Recordings
Recordings from our live classes and exam prep sessions
Click to Watch on YouTubeFAC1503 Mock Exam
Consists of randomized questions covering core topic patterns from past semesters
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