Goal of the discipline: formation of integrated system of knowledge and skills regarding theory and practice offinancial accounting at the enterprisesof different types of ownership.
Tasks of the discipline: learning and gaining of practical skills on methodology of accounting of the following items: equity, liabilities, income and expenses and financial results of the enterprise; as well as documents’ supporting, theirs groupings and generalization in general legers. This will help in timely and competent economical decisions, day- to- day control over incomes and expenses, prevention of bankruptcy of the enterprise.
Results of educational:
know: legislative and normative background of accounting regulation in Ukraine;  principles of accounting and financial statements’; rules of organisation and methodology of accounting of equity, liabilities, income, expenses and financial results of an enterprise; peculiarities of usage of the Chart of Accounts; rules of taxation of economic activities with taking into account the company’s specific; features of accounting of enterprises of different forms of ownership, including small and medium enterprises (SMEs).
be able to: document business transactions on accounting of equity, long-term and short-term liabilities of an enterprise; complete journal entries of business transactions  on accounting of liabilities, income, expenses and financial results of an enterprise; accrue payroll based on piecework and hour pay and complete relevant deductions; conduct accounting of small and medium enterprises (SMEs) based on theirs peculiarities.
Content of the scienceis disclosed in the following topics: Accounting of Equity. Payroll and social contributions’ accounting. Accounting for taxes and other budget payments. Accounting of long term loans (credits) and bonds’ liabilities. Accounting for provisions, trust funds and trust income. Formation and accounting of income by business activities. Accounting of expenses of enterprise. Accounting of formation and usage of financial results of a company. Generalization of financial accounting data.