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
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.