NOTE: Separate questions may be set to meet statutory requirements of individual countries. *11.8 Statement of Cash Flow (using direct and indirect methods). Murray and piecemeal realization)ġ1.4 Loan capital, debentures/loan notes and mortgages.ġ1.5 Final accounts of company for internal use only.ġ1.6 Interpretation of accounts using simple ratios. The Final Accounts of a Sole Trader/proprietorshipĤ.1 Trading, profit and loss accounts/Income statement.Ĥ.2 Balance sheet/statement of financial position.ĥ.1 Provision for doubtful debts/Allowance for doubtful debts.ĥ.3 Depreciation – concepts, reasons for recording and methods:ĥ.5 Reserves – revenue and capital reserves.Ħ.2 Cost classification in Manufacturing Accounts.Ħ.3 Preparation of final Accounts of Manufacturing concern.Ĭontrol Accounts and Self-balancing LedgersĨ.2 Computation of profit or loss from opening and closing balance sheets.Ĩ.3 Conversion of singe entry to double entry.Ĩ.4 Preparation of final accounts from a set of incomplete records.Īccounts of Not-for-Profit Making Organizationsĩ.7 Profit or loss from income generating activities.ġ0.1 Nature and formation of partnership.ġ0.3 Profit and loss appropriation accounts.ġ0.4 Partners capital account and balance sheetġ0.6 Treatment of goodwill and revaluation of assetsġ0.7 Dissolution of partnership (Questions will not be set on Garner V. The Accounting Equation and Double Entry PrinciplesĢ.2 Purpose and functions of source documents.Ģ.4 The ledger: classification of Accounts.Ģ.5 Cash Book: analytical cash book, including petty cash book.Ģ.8 Correction of errors and Suspense Account. Candidates will be required to answer three out of the questions for 15 marks each.ġ.1 History, nature and functions of Accounting.ġ.4 Characteristics of Accounting information. Section B: Will contain five essay questions on financial accounting practice. Candidates will be required to answer two out of the four questions for 15 marks each. Section A: Will contain five essay questions on theory of financial accounting. PAPER 2: Will be made up of two sections: Sections A and B and will last 2½ hours.
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PAPER 1: Will comprise fifty multiple choice questions to be taken in 1 hour for 50 marks. There will be two papers – Paper 1 and Paper 2, both of which will constitute a composite paper to be taken at one sitting.
#FINANCIAL ACCOUNTING NOTES PDF PDF#
Note that this syllabus is for both Internal and external candidates.ĭownload Financial Accounting Syllabus PDF Here The students will also be able to calculate the amount of claims in case of fire insurance policy and loss of profit policy.Below is this year’s Waec Syllabus for Financial Accounting.
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SYLLABUS Financial Accounting - II Objectives: The course will enable the students to maintain the accounts of partnership firms, branch accounts, departmental accounts and hire purchase accounts. What are the objectives of the financial accounting course at sysyllabus? What is included in financial accounting study material?įinancial accounting study material includes financial accounting notes, financial accounting book, courses, case study, syllabus, question paper, MCQ, questions and answers and available in financial accounting pdf form. This book covers the fundamentals of financial and managerial accounting. The focus is to provide an understanding of the accounting tools and techniques. This note is designed to introduce students to clear, basic understanding of the essentials of accounting. This note is a framework for understanding financial, managerial, and tax reports. What is financial accounting notes pdf? What is the purpose of this note in accounting? Hence, utilize these resources during your preparation and score well in the MBA first semester examination.
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You will get the complete MBA financial accounting notes in pdf along with syllabus, accounting study materials, MBA 1st sem recommended books, important review question list in this article.
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