Charted Accounting (Lesson Level Courses)

5.Source documents and financial records The videos include knowledge on below areas, ● Importance of maintaining financial records ● The role of source documents ● The need for books of prime entry ● Sales and purchase day books ● Cash book ● Petty cash 6.Double entry bookkeeping and ledger accounting The videos include knowledge on below areas, ● Why do we need ledger accounts? ● The general ledger ● The accounting equation ● Double entry bookkeeping ● The journal ● Day book analysis ● The receivables and payables ledgers 7.From trial balance to financial statements The videos include knowledge on below areas, ● The trial balance ● The statement of profit or loss ● The statement of financial position ● Balancing accounts and preparing financial statements ● Accounting software systems 10.Accruals and prepayments The videos include knowledge on below areas, ● Accruals and prepayments 11.Impairment losses and allowances The videos include knowledge on below areas, ● Impairment losses ● Allowances for receivables ● Accounting for impairment losses and allowances fo receivables 13.Bank reconciliations The videos include knowledge on below areas, ● Bank statement and cash book ● The bank reconciliation ● Worked examples 14. Control accounts The videos include knowledge on below areas, ● What are control accounts? ● Discounts ● The operation of control accounts ● 4 The purpose of control accounts 15.Correction of errors The videos include knowledge on below areas, ● Types of error in accounting ● The correction of errors

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16.Preparation of financial statements for sole proprietors The videos include knowledge on below areas, ● Preparation of final accounts ● Manufacturing accounts 17.Incomplete records The videos include knowledge on below areas, ● Incomplete records questions ● The opening position ● Credit sales and trade receivables ● Purchases and trade payables ● Establishing cost of sales ● Stolen goods or goods destroyed ● The cash book and cash control account ● Accruals and prepayments ● Drawings ● The business equation ● Comprehensive worked examples 18.Partnerships The videos include knowledge on below areas, ● The characteristics of partnerships ● Preparing partnership accounts 19.Introduction to company accounting The videos include knowledge on below areas, ● Limited liability and accounting records ● Stated capital ● Reserves ● Bonus and rights issues ● Ledger accounts and limited liability companies

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24.Interpretation of financial statements The videos include knowledge on below areas, ● Information required by users ● The broad categories of ratios ● Profitability and return ● Liquidity, working capital and solvency ● Investor ratios ● Interpreting information ● Interpretation of financial statements: practice question ● Limitations of ratio analysis ● Information required by users

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8.Inventory The videos include knowledge on below areas, ● Cost of goods sold ● Accounting for opening and closing inventories ● Counting inventories ● Valuing inventories ● LKAS 2 Inventories 9.Tangible non-current assets The videos include knowledge on below areas, ● Capital and revenue expenditure ● Depreciation accounting ● Depreciation: the mechanics ● Revaluation of non-current assets ● Non-current asset disposals ● LKAS 16 Property, plant and equipment ● The asset register ● Worked example 12.Provisions and events after the reporting period The videos include knowledge on below areas, ● Provisions ● Provisions for restructuring ● Contingent liabilities and contingent assets ● LKAS 10 Events after the reporting period 20.Preparation of financial statements for companies The videos include knowledge on below areas, ● LKAS 1 Presentation of financial statements ● Statement of financial position ● Statement of profit or loss and other comprehensive income ● Statement of changes of equity ● SLFRS 15 Revenue from contracts with customers ● Published accounts 21.Statements of cash flows The videos include knowledge on below areas, ● Statement of Cash Flow ● Preparing a statement of cash flows 22.Other financial reporting standards The videos include knowledge on below areas, ● LKAS 8 Accounting policies, changes in accounting estimates and errors ● LKAS 12 Income taxes ● LKAS 19 Employee Benefits ● SLFRS 16 Leases 23.Not-for-profit entities The videos include knowledge on below areas, ● Primary aims ● Non-profit entities

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