1. Theoretical Framework
(i) Meaning and Scope of accounting
(ii) Accounting Concepts, Principles
and Conventions
(iii) Accounting Standards –
concepts, objectives, benefits
(iv) Accounting Policies
(v) Accounting as a measurement
discipline – valuation principles, accounting estimates
2. Accounting Process - Books
of Accounts leading to the preparation of Trial Balance, Capital and revenue expenditures,
Capital and revenue receipts, Contingent assets and contingent
liabilities, Fundamental errors including
rectifications thereof.
3. Bank Reconciliation Statement
4. Inventories- Basis of
inventory valuation and record keeping.
5. Depreciation accounting - Methods,
computation and accounting treatment of depreciation, Change in depreciation methods.
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions
(a) Consignments
(b) Joint Ventures
(c) Bills of exchange and promissory
notes
(d) Sale of goods
on approval or return basis.
8. Partnership Accounts - Final
accounts of partnership firms – Basic concepts of admission, retirement and
death of a partner including treatment of goodwill.
9. Introduction to Company Accounts- Issue
of shares and debentures, forfeiture of shares, re-issue of forfeited
shares, redemption of preference shares.
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