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Course / Course Details

Form 1 Accounting

  • Secondary Accounting Tutor image

    By - Secondary Accounting Tutor

  • 0 students
  • 16 Hours 40 Min
  • (0)

Course Requirements

All students enrolled in Form 1 Accounting must complete the following requirements: 1. Attend all scheduled classes and actively participate in discussions and activities. 2. Submit all assignments and projects on time as per the given deadlines. 3. Maintain a high level of academic integrity and honesty in all assessments. 4. Demonstrate a strong understanding of accounting principles and concepts through regular assessments and examinations. 5. Seek help and clarification from the instructor whenever needed to ensure a thorough understanding of the course material. 6. Meet the minimum attendance and participation requirements set by the course instructor. 7. Successfully pass all required assessments and examinations to fulfill the course requirements.

Course Description

This course introduces students to the fundamental principles of accounting. Topics covered include basic accounting concepts, financial statements, and the accounting cycle. Students will learn how to analyze and interpret financial information, prepare financial reports, and understand the role of accounting in business operations. This course provides a solid foundation for further studies in accounting and finance.

Course Outcomes

1. Introduction to Accounting - Definition of accounting - Importance of accounting in business - Basic accounting principles 2. Accounting Equation - Understanding the accounting equation - Components of the accounting equation - Examples of transactions affecting the accounting equation 3. Recording Transactions - Types of accounts (assets, liabilities, equity, revenue, expenses) - Double-entry accounting system - Recording transactions in journals and ledgers 4. Financial Statements - Preparation of income statement - Preparation of balance sheet - Analysis of financial statements 5. Cash and Bank Reconciliation - Importance of cash and bank reconciliation - Steps to reconcile cash and bank balances - Examples of reconciling items 6. Budgeting and Financial Planning - Importance of budgeting in accounting - Types of budgets (operating, financial, master) - Preparation and monitoring of budgets 7. Introduction to Accounting Software - Overview of accounting software - Benefits of using accounting software - Demonstration of basic accounting tasks using software 8. Ethics in Accounting - Importance of ethics in accounting - Ethical issues in accounting - Professional standards and codes of conduct for accountants 9. Revision and Assessment - Review of key concepts covered in the course - Practice exercises and assessments - Preparation for final evaluation This course aims to provide students with a solid foundation in accounting principles and practices, preparing them for more advanced accounting studies in the future.

Course Curriculum

  • 16 chapters
  • 38 lectures
  • 0 quizzes
  • 16 Hours 40 Min total length
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1 bookkeeping
5 Min


2 differences between accounting and bookkeeping ;
5 Min


3 the objectives of accounting
5 Min


4 the history and evolution of accounting
5 Min


5 accounting;
5 Min


1 the different branches in Accounting
5 Min


2 y the various types of Accountants
5 Min


1 the different users of Accounting Information
5 Min


1 enterprises according to their size, their sector of activities, their ownership
5 Min


2 the enterprise;
5 Min


3 the role and place of the enterprise in economic life
5 Min


1 the various functions of an enterprise;
5 Min


2 present the internal organization of an enterprise.
5 Min


1 the partners of an enterprise
5 Min


2 factors of production used by the enterprise.
5 Min


1 t the operating cycles of various types of enterprises.
5 Min


1 financial position of the enterprise
5 Min


2 assets and liabilities of the enterprise.
5 Min


1 draw up a simple balance sheet or statement of financial position
5 Min


2 Identificatoin and classificatoin the items of assets and liabilities
5 Min


3 the statement of financial position or balance sheet of the enterprise;
5 Min


1 owner’s equity.
5 Min


2 creditors’ equity.
5 Min


1 economic flows;
5 Min


2 the various economic flows
5 Min


3 a transaction in terms of resources / applications
5 Min


4 The Ledger Account
5 Min


1 define an account
5 Min


2 describe an account;
5 Min


1 show the various layouts of accounts (separate column accounts, double column accounts, double column accounts with balances, T accounts);
5 Min


1 e basic rules used in recording transactions in accounts;
5 Min


2 the notion of profit and loss accounts (expenses and revenues)
5 Min


3 the functioning of profit and loss accounts.
5 Min


1 the double entry bookkeeping
5 Min


2 the technique of double entry book keeping through accounting entries in T accounts
5 Min


1 balance of an account
5 Min


2 nature of the balance of an account;
5 Min


3 close and reopen the Account
5 Min


Instructor

Secondary Accounting Tutor

Our secondary accounting tutor plays a crucial role in educating students about the principles, practices, and theories of accounting, preparing them for further studies in accounting and related fields or for careers in finance, business, or entrepreneurship.

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