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

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

Statement of Changes in Financial Position
- Fund Flow
- Sources of Working Capital
- Uses of Working Capital
- Schedule of Changes in Working Capital
- Fund from Operations
- Fund Flow Statement

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