• Financial and Management Accounting
  • Definition of Financial Accounting
  • Accounting Process
  • 5 Accounting Functions
  • Definition of book keeping
  • 5 Differences between Book keeping and accounting
  • 4 Objectives of Accounting
  • 6 Users of Accounting Information
  • Basic Accounting Terms
    • Types of Transactions
    • Account
    • Assets
    • Capital
    • Drawings
    • Liabilities

 

• General Accounting Principle
  • Generally Accepted Accounting Principles (GAAP)
    • Accounting Assumption or concepts
    • Accounting Conventions or Principles
    • Modifying Principles

• Journal, Ledger and Trial Balance
• Journal
  • Definition of Journal
  • Journalizing
  • Journal Entries
  • Performa of Journal
  • Narration
  • 12 Characteristics of Journal

• Ledger
  • Meaning of Ledger
  • Posting
  • Performa of Ledger
  • 12 characteristics of Ledger

• Trial Balance

• Definition of Trial Balance
• 5 Objectives of preparing a Trial Balance
• 4 steps in the preparation of Trial balance
• 3 Methods of preparing Trial Balance
• Trial Balance and Errors

     

• Preparation of Journal, Ledger and Trial Balance

 

• Preparation of P&L Account and Balance Sheet
  • Preparation of final Accounts Illustration
  • Trading and Profit and Loss Account
  • Balance Sheet

 

• Ratio Analysis
  • Meaning and Definition of Ratio Analysis
  • How a Ratio is Expressed
  • Why Ratio Analysis
  • 8 Advantages and uses of Ratio Analysis
  • 8 Limitations of Ratio Analysis
  • Classification of Ratios

• Cash Flow Analysis
  • Benefits of Cash Flow
  • Operating Activates
  • Investment Activates
  • Financing Activates
  • Structure of Cash Flow

 

• Budget and Budgetary Control
  • Definition and meaning of Budget
  • 7 Essentials of a Budget
  • Meaning of Estimate, forecast and Budget
  • 6 Differences between Budget and Forecast
  • 5 Essentials of Budgetary Control
  • Preliminaries for the adoption of a system of Budgetary control -12 steps
  • Meaning And Definition of Budget Manual
  • 4 Different Types of Budget
  • 5 Advantages of cash Budget

 

• Preparation of Cash Budget- Illustration
  • Cash Budget problem with adjustments

 

• Cost Volume Profit Analysis (CVP Analysis)
  • Cost Volume Profit Analysis
  • Importance of CVP
  • Break Even Point (BEP)
  • BEP Calculation
  • Contribution Margin
  • Margin of Safety
  • BEP on Sales Mix