Introduction to
Accounting
Master the core principles that underpin all of accounting. This module builds your understanding of the accounting equation, double-entry bookkeeping, and the preparation of basic financial statements — the essential foundation for every ETICPA qualification.
What this module covers
Introduction to Accounting is the foundation module of ATQ Level 1. It establishes the core principles that every accounting professional must master before progressing to more advanced study.
Learning Outcomes
Explain the accounting equation and its application to business transactions
Record transactions using the double-entry bookkeeping system
Prepare a trial balance from a set of ledger accounts
Produce basic financial statements including the income statement and balance sheet
Apply key accounting concepts and standards to practical scenarios
Module at a glance
Your learning path
7 units · 22 chapters · 110 study notes — structured as a progressive course from foundations to financial statements.
Unit 1 — Foundations of Accounting
2 lessons
Unit 2 — The Accounting Equation and Double Entry
3 lessons
Unit 3 — Books of Prime Entry and Source Documents
3 lessons
Unit 4 — The Trial Balance and Error Correction
2 lessons
Unit 5 — Adjustments and Period-End Entries
4 lessons
Unit 6 — Non-Current Assets
3 lessons
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