Financial Accounting (V-U)

• Basic Understanding of what is accounting? (V-U)
• Definition and different types of accounting (V-U)
• Systems of accounting and some basic terminologies (V-U)
• Concepts of debit and credit (V-U)
• Concepts of Debit and Credit Contd (V-U)
• Flow of transactions (V-U)
• Basic Books of Accounts (Journal and Ledger) (V-U)
• Introduction to Financial Statements (V-U)
• Introduction to Financial Statements (Balance Sheet) (V-U)
• Exercise: Recording of Transactions (V-U)
• Exercises- recording of transactions (continued) (V-U)
• The accounting equation (V-U)
• Vouchers and posting to ledgers accounts (V-U)
• Posting to ledgers and recording of stock (V-U)
• Recording of stock (continued) (V-U)
• Cost of goods sold statement and valuation of stock (V-U)
• Fixed Assets and Depreciation (V-U)
• Methods of charging depreciation (continued) (V-U)
• Methods for charging depreciation (V-U)
• Depreciation on purchase & disposal of fixed assets and Revaluation of fixed assets (V-U)
• Revaluation of Fixed Assets & Capital and Revenue Expenditures (V-U)
• Bank Reconciliation Statement (V-U)
• Bank Reconciliation Statement Contd. and Rectification of Error (V-U)
• Debtors, Creditors, Accruals and Provision for Bad Debts (V-U)
• Presentation and Recording of Provision for bad debts and Control Accounts (V-U)