FINANCIAL ACCOUNTING

Non-profit organisations and companies presentation is about non-profit making organisations, receipts and payments account, income and expenditure accounts, accumulated fund, subscriptions, subscriptions owing, subscriptions owing and paid in advance, examples, donations, entrance fees, life membership, accounting for limited companies, share capital, types of shares, issue of shares, rights issues and public issues, reserves, revualuation reserve, bonus issues of shares and types of debts.

Fundamental Accounting Concepts and IAS presentation is about definition of an accounting concept, fundamental accounting concepts, going concern concept, accruals concept, consistency concept, prudence concept, other accounting concepts, business entity concept, realisation concept, historical cost method, money measurement concept, materiality concept, dual aspect concept, objectivity and subjectivity, the regulatory framework of financial accounting, international financial reporting standard...

Bad debts and provisions for bad debts is about irrecoverable (bad) debt, doubtful debt, treatment in the financial statements, irrecoverable debts, specific allowance for receivables, general allowance for receivables and examples.

Accounting for depreciation presentation is about non-current assets, depreciation, methods of calculating depreciation, straight line method, reducing balance method, accounting entries for depreciation, sale of non-current assets and examples.

Control accounts and accounting for tax presentation is about bank reconciliation system, reasons why the balance on the bank statement may differ from the balance in the cash account, the preparation of a bank reconciliation statement, examples, control accounts, format of the control accounts and the sources of data, advantages of control accounts, the principles of vat, the accounting entries and discounts.

Statement of cash flow presentation is about direct and indirect method and statement of cash flows proforma.

Final account of sole traders presentation is about preparation of final account for sole traders, income statement, statement of financial position, explanations and examples.

Trial Balance presentation is about financial accounting, types of errors and examples.

Capital and revenue expenditure presentation is about their definitions, their differences, joint expenditure,

Presentation on double entry bookkeeping is about the nominal ledger, general rules of double entry and balancing off the accounts.