Course Outline

Final Accounts: Sole Trader, Company Accounts, Departmental Accounts, Manufacturing Accounts

Interpretation of Accounts (Ratio Analysis)

Cashflow Statements

Published Accounts

Depreciation and Revaluation of Fixed Assets

Control Accounts

Club Accounts, Incomplete Records, Service Firm Accounts and Farm Accounts

Cost Volume Profit

Correction of Errors – Suspense Accounts

Tabular Statements

Product Costing / Job Costing

Budgeting – Production Budgeting, Cash Budgeting and Flexible Budgeting

Theory on the Conceptual Framework of Accounting

Assessment

HIGHER LEVEL – 3 hrs

Section 1  Financial Accounting     

4 questions Answer Q1 or Two Questions from Q2, Q3, Q4.               120 marks

Section 2  Financial Accounting      

Answer Two Questions out of three.                                                  200 marks

Section 3  Management Accounting       

Answer Two Questions out of three.                                                  80 marks

ORDINARY LEVEL – 3 hrs

Section 1  Financial Accounting     

4 questions Answer Q1 or Two Questions from Q2, Q3, Q4.              120 marks

Section 2  Financial Accounting      

Answer Two Questions out of three.                                                 200 marks

Section 3  Management Accounting       

Answer One Questions out of two.                                                                                              80 marks