• 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

 

• 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

   

• Depreciation Methods: Straight Line Method, Written Down Value Method
  • Definition of deprecation
  • Deprecation and fluctuation
  • 6 causes of deprecation
  • 10 methods of deprecation

   

• 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

 

• Statement of Changes in Financial Statement (Working Capital)
  • 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

     

• Cost Accounting: Meaning, Distinction between Financial Accounting and Cost Accounting - Cost Terminology: Cost, Cost Centre, Cost Unit, Elements of Cost, Cost Sheet
  • Nature and Scope of cost accounting
  • 10 limitations of financial Accounting/Scope of cost accounting
  • Meaning of cost accounting and Cost accountancy
  • Definition of cost accounting
  • 5 features of Cost Accounting
  • 3 Scopes or functions of Cost Accountancy
  • 2 methods of Costing
  • 6 types of Costing
  • Preparation of cost sheet

 

• Preparation of Cost Sheet- Illustration

 

• Inventory Management
  • Raw Material
  • WIP
  • Finished Goods
  • Motives For Holding  Cash
  • Objectives – Inventory Management
  • Techniques
  • EOQ
  • Stock Levels
  • Inventory Control Systems
  • ABC
  • JIT
  • Outsourcing

           

• 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