Financial Accounting for S.S.1

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Course Content

Bookkeeping and Accounting I

Bookkeeping and Accounting II

Ethics of Accounting

Principles and Practice of Double Entry

Accounting Concepts and Coventions

Journals and Cash Account

Analytical Cash Book

Bank Reconciliation Statement

Revision and First Term Examinations

Other Types of Journals and Classification of Accounts

Trial Balance and Correction of Errors

Trading Account

Profit and Loss Account

Adjustment in Profit and Loss Account: Prepayment & Accruals

Adjustment in Profit and Loss Account: Bad Debts, Discounts and Depreciations

Introduction to Accounting Ratios

Revision and Second Term Examinations

Depreciation of Fixed Assets I

Depreciation of Fixed Assets II

Balance Sheet: Assets and Liabilities

Balance Sheet: Layout and Preparation

Departmental Account

Control Account I: Sales Ledger and Purchases Ledger Control Account

Control Account II: Preparation of Control Account

Revision and Third Term Examinations

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