Lecture In Accounting And Business Maths
Current• Knowledge of books of prime Entry and the principles of accounting• Accounting Estimates and Accounting policies: example of assets depreciation• Posting balances on the ledgers• Linear programming: Graphical and simplex methods of solving linear programming problems• Quantitative forecasting techniquesa Time series analysis with seasonal or cyclical variationsb Linear regression analysis (Least squares regression analysis)• Fundamental knowledge of probabilities and Statistics (Expected values, Variance and standard deviation )• Simple and compounded interest rate• Future and present value ( Discount Factor calculation and understanding of Net present value)