1. Introduction to Accounting

• Meaning of accounting

• Objectives of accounting

• Users of accounting information

• Accounting principles and concepts

2. Double Entry System

• Meaning of double entry

• Debits and credits

• Ledger accounts

• Trial balance

3. Source Documents and Books of Original Entry

• Invoices and receipts

• Cash book

• Journals

• Subsidiary books

4. Final Accounts

• Trading account

• Profit and loss account

• Balance sheet

• Adjustments

5. Bank Reconciliation Statement

• Meaning of reconciliation

• Causes of differences

• Preparation of statement

6. Depreciation

• Meaning of depreciation

• Methods of depreciation

• Causes of depreciation

• Asset valuation

7. Control Accounts

• Debtors control account

• Creditors control account

• Purpose of control accounts

8. Incomplete Records

• Single entry system

• Conversion to double entry

• Statement of affairs

9. Partnership Accounts

• Formation of partnership

• Profit sharing ratio

• Admission and retirement of partners

• Partnership dissolution

10. Company Accounts

• Types of shares

• Issue of shares

• Debentures

• Financial statements of companies

11. Public Sector Accounting

• Government accounting

• Receipts and payments account

• Budgeting

12. Accounting Ratios

• Profitability ratios

• Liquidity ratios

• Efficiency ratios

• Interpretation of ratios