FINANCIAL ACCOUNTING BOOK-

Description

What You Will Gain

By studying these notes, students will be able to:

• Understand fundamental accounting principles and concepts.
• Apply the accounting process in practical situations.
• Prepare financial statements for different types of entities.
• Account for assets, liabilities, capital, income, and expenses.
• Prepare manufacturing and not-for-profit accounts.
• Correct accounting errors and deal with incomplete records.
• Analyse and interpret financial statements using accounting ratios.
• Understand the principles of public sector accounting and financial reporting.
• TOPICS

1. Introduction to Accounting
2. Accounting Process and Systems
3. Regulation of the Accounting Profession
4. Accounting for Assets and Liabilities
5. Financial Statements for Sole Traders
6. Partnership Financial Statements
7. Company Financial Statements
8. Financial Statements for Manufacturing Entities
9. Financial Statements for Not-for-Profit Entities
10. Correction of Errors and Incomplete Records
11. Analysing Financial Statements
12. Public Sector Accounting