Weeks | Topics |
1 |
A Review of Accounting Process, Concept of Unadjusted Trial Balance, Concept of Adjustment
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2 |
Types of Adjustments: Deferrals (Prepaid Expenses + Unearned Revenues)
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3 |
Types of Adjustments: Accruals (Accrued Revenues + Accrued Expenses)
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4 |
Adjustments for Cash Account, Bank Account and Investments
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5 |
Adjustment for Receivables (A/R + N/R + Doubtful &Worthless Receivables)
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6 |
Adjustments for Inventory (Inventory Costing: FIFO +LIFO+AVERAGE)
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7 |
Adjustments for VAT (Value Added Tax)
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8 |
Adjustment for Fixed Assets (DEPRECIATION: Straight Line+ Units of Production+Double Declining+ Special Cases- Pro rata & Exceptional)
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9 |
Adjustment for Fixed Assets (Recording Depreciation Expense + Sale of Plant Assets + Revaluation+AMORTIZATION + DEPLETION)
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10 |
Adjustments for Liabilities: Financial Liabilities
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11 |
Adjustments for Liabilities: A/P +N/P
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12 |
Year-end Closing Procedures
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13 |
Monography - Case Study (Adjustments + Preparation of Trial Balance+ Preparation of Adjusted Trial Balance+ Preparation of Balance Sheet and Income Statement)
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14 |
Monography - Case Study (Adjustments + Preparation of Trial Balance+ Preparation of Adjusted Trial Balance+ Preparation of Balance Sheet and Income Statement)
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