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7/29/2019 Standard Lecture Plan (TT6)
1/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
Ind.% Acc. % No. of Lec. Acc.% Ind.
1 Introduction 1 1 1.00
2 1 Introduction to Accounting 2 2.00
The purpose of financial reporting, Types of business entities, Nature, principles and
scope of financial reporting1 2
1.00
Users' and stakeholders' needs, The main elements of financial reports (assets,
liabilities, capital, income and expense)1 3
1.00
3 5 Ledger accounts and double entry 9 8.00
The accounting equation 1 4 0.89
Double entry bookkeeping, The journal 1 5 0.89
Practice - 1 Long Question 1 6 0.89
Daybook analysis, Imprest system 1 7 0.89
Why do we need ledger accounts?, The nominal ledger 1 8 0.89
Practice - 1 Long Question 1 9 0.89
Receivables and Payables Ledger 1 10 0.89
MCQs Practice 1 11 0.89
MCQs Practice 1 12 0.89
4 6 From trial balance to financial statements 5 4.00
The trial balance, Practice - 1 Long Question 1 13 0.80
Income Statement 1 14 0.80
Statement of Financial Position 1 15 0.80
Balancing accounts and preparing financial statements, Practice - 1 Long Question1 16
0.80
MCQs Practice 1 17 0.80
5 4 Sources, Records and Books of Prime Entry 5 4.00
The role of source documents 1 18 0.80
The need for books of prime entry, Sales and purchase day books 1 19 0.80
Cash book 1 20 0.80
Petty cash 1 21 0.80
MCQs Practice 1 22 0.80
6 7 Sales Tax 4 3.00
The nature of sales tax and how it is collected 1 23 0.75
Accounting for Sales Tax (Input Tax) 1 24 0.75
Accounting for Sales Tax (Output Tax) 1 25 0.75
MCQs Practice 1 26 0.75
4 17
4 21
4
4
4
8
4 13
Course Completio/No Ch # Details
Lecture wise%Chapterwise %
1/19
7/29/2019 Standard Lecture Plan (TT6)
2/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
Ind.% Acc. % No. of Lec. Acc.% Ind.
Course Completio/No Ch # Details
Lecture wise%Chapterwise %
7 8 Inventory 6 5.00
Cost of goods sold 1 27 0.83
Accounting for opening and closing inventories, Counting inventories 1 28 0.83
Valuing inventories (LIFO), Practice - 1 Long Question. 1 29 0.83
Valuing inventories (AVCO), Practice - 1 Long Question 1 30 0.83
IAS 2 Inventories 1 31 0.83
MCQs Practice 1 32 0.83
8 9 Tangible Non-current Assets 13 11.00
Capital and revenue expenditure 1 33 0.85
MCQs Practice 1 34 0.85
Depreciation accounting 1 35 0.85
Depreciation: the mechanics (Straight Line Method), Practice - Short Questions 1 36 0.85
Depreciation: the mechanics (Reducing Balance Method), Practice - Short Questions1 37
0.85
Other concepts (acquisition in middle of year, change in methods, fall in asset value),
Practice - Short Questions1 38
0.85
MCQs Practice 1 39 0.85
Revaluation of non-current assets, Practice - Short Questions 1 40 0.85
Non-current asset disposals (simple), Practice - Short Questions 1 41 0.85
Non-current asset disposals (part-exchange), Practice - Short Questions 1 42 0.85IAS 16 1 43 0.85
The asset register, MCQs Practice 1 44 0.85
MCQs Practice 1 45 0.85
9 10 Intangible non-current assets 1 1.00
Intangible non-current assets (IAS 38), Research and development costs, MCQs
Practice1 46
1.00
10 11 Accruals and Prepayments 7 6.00
Concept of accruals and prepayments 1 47 0.86
Calculation of expense (T-account) 1 48 0.86
Timeline (4 step approach) 1 49 0.86
Basic practice 1 50 0.86
Basic practice 1 51 0.86
Calculation of income 1 52 0.86
MCQs Practice 1 53 0.86
4 29
4 33
4 38
4 25
2/19
7/29/2019 Standard Lecture Plan (TT6)
3/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
Ind.% Acc. % No. of Lec. Acc.% Ind.
Course Completio/No Ch # Details
Lecture wise%Chapterwise %
11 12 Irrecoverable Debts and Allowances 5 4.00
Irrecoverable debts (Introduction, Double Entry and Debt subsequently paid) 1 54 0.80
Allowances for receivables 1 55 0.80
Accounting for irrecoverable debts & receiavables allowance (income statement) 1 56 0.80
Accounting for irrecoverable debts & receiavables allowance (net debtors) 1 57 0.80
MCQs Practice 1 58 0.80
12 13 Provisions and Contingencies 2 2.00
Provisions and Contingents (IAS 37) 1 59 1.00
MCQs Practice 1 60 1.00
13 14 Control Accounts 4 3.00
What are control accounts?, Discounts, The purpose of control accounts 1 61 0.75
The operation of control accounts (Debtors) 1 62 0.75
The operation of control accounts (Creditors) 1 63 0.75
MCQs Practice 1 64 0.75
14 15 Bank reconciliations 5 4.00
Bank statement and cash book (Formats) 1 65 0.80
The bank reconciliation, Worked Examples - Cash Book to Bank Statement 1 66 0.80
Worked Examples - Bank Statement to Cash Book 1 67 0.80
MCQs Practice 1 68 0.80MCQs Practice 1 69 0.80
15 16 Correction of Errors 8 7.00
Types of error in accounting (Non-affecting) 1 70 0.88
The correction of errors (Non-affecting), 2 Long Questions Practice 1 71 0.88
MCQs Practice 1 72 0.88
Types of error in accounting (Affecting) 1 73 0.88
The correction of errors (Affecting), 2 Long Questions Practice 1 74 0.88
MCQs Practice 1 75 0.88
MCQs Practice 1 76 0.88
IAS 8 1 77 0.88
16 17 Preparation of financial statements for sole traders 3 3.00
1 Long Question Practice 1 78 1.00
1 Long Question Practice 1 79 1.00
MCQs Practice 1 80 1.00
4 54
4 58
4 63
4 42
4 46
4 50
3/19
7/29/2019 Standard Lecture Plan (TT6)
4/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
Ind.% Acc. % No. of Lec. Acc.% Ind.
Course Completio/No Ch # Details
Lecture wise%Chapterwise %
17 18 Incomplete Records 8 7.00
Incomplete record questions (types), The opening position, Credit sales and trade
account receivables1 81
0.88
Purchases and trade account payables, Establishing cost of sales, Stolen goods or goods
destroyed 1 82 0.88
The cash book 1 83 0.88
Accruals and prepayments, Drawings, The business equation 1 84 0.88
Long Question Practice 1 85 0.88
Long Question Practice 1 86 0.88
MCQs Practice 1 87 0.88
MCQs Practice 1 88 0.88
18 19 Partnerships 5 4.00
Characteristics of Partnerships 1 89 0.80
Preparating partnership accounts I (appropriation, capital and current accounts)1 90
0.80
Preparating partnership accounts II (long question) 1 91 0.80
Preparating partnership accounts III (changes in partnership and goodwill) 1 92 0.80
MCQs Practice 1 93 0.80
19 20 Introduction to company accounting 5 4.00
Limited liability and accounting records (Introduction) 1 94 0.80Share Capital 1 95 0.80
Reserves 1 96 0.80
Bonus and rights issues 1 97 0.80
Ledger accounts and limited liability companies, MCQs Practice 1 98 0.80
20 21 Preparation of financial statements for companies 6 5.00
IAS 1 (format and theory) 1 99 0.83
Items in the income statement and statement of comprehensive income, Items in the
statement of financial position, Long Question Practice1 100
0.83
Published accounts, Long Question Practice 1 101 0.83
Company accounts for internal purposes, Long Question Practice 1 102 0.83
MCQs Practice 1 103 0.83
IAS 18: Revenue, Practice - Short Questions 1 104 0.83
21 22 Events after reporting period 1 1.00
IAS 10 with MCQ Practice 1 105 1.00
4 67
4 71
4 75
4 79
4 834/19
7/29/2019 Standard Lecture Plan (TT6)
5/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
Ind.% Acc. % No. of Lec. Acc.% Ind.
Course Completio/No Ch # Details
Lecture wise%Chapterwise %
22 23 Statement of cash flows 4 3.00
IAS 7 Statement of Cash flows (format) 1 106 0.75
Preparing a statement of cash flows, Long Question Practice 1 107 0.75
Long Question Practice 1 108 0.75
MCQs Practice 1 109 0.75
23 2 The regulatory framework 2 2.00
The regulatory system 1 110 1.00
International Accounting Standards Board (IASB), Overview of IAS and IFRS 1 111 1.00
24 3 Accounting Conventions 4 3.00
IAS 1 (including accounting concepts) 1 112 0.75
IASB's Framework 1 113 0.75
Criticisms of accounting conventions, Bases of Valuation, IAS 8 1 114 0.75
MCQs Practice 1 115 0.75
25 24 Information Technology 3 3.00
Accounting Packages 1 116 1.00
Accounting Modules, Databases, Practical Experience 1 117 1.00
MCQs Practice 1 118 1.00
26 Revisions and Tests 10 128
Total no of Lectures 127
4 96
4 100
4 88
4 92
5/19
7/29/2019 Standard Lecture Plan (TT6)
6/19
Acc.%
1
3
2
3
11
4
5
6
7
7
8
9
10
11
15
12
13
13
14
15
19
16
17
17
18
19
22
20
21
21
22
%age
6/19
7/29/2019 Standard Lecture Plan (TT6)
7/19
Acc.%
%age
27
23
24
25
25
26
27
38
28
29
30
30
31
32
33
34
35
3536
37
38
39
39
45
40
41
42
42
43
44
45 7/19
7/29/2019 Standard Lecture Plan (TT6)
8/19
Acc.%
%age
49
46
47
47
48
49
51
50
51
54
52
53
53
54
58
55
56
56
5758
65
59
60
61
62
62
63
64
65
68
66
67
68 8/19
7/29/2019 Standard Lecture Plan (TT6)
9/19
Acc.%
%age
75
69
70
71
72
72
73
74
75
79
76
77
77
78
79
83
8081
81
82
83
88
84
85
85
86
87
88
89
89 9/19
7/29/2019 Standard Lecture Plan (TT6)
10/19
Acc.%
%age
92
90
90
91
92
94
93
94
97
95
95
96
97
100
98
99
100
10/19
7/29/2019 Standard Lecture Plan (TT6)
11/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
No. of
Question Source Lecture wise
1 Introduction 1 1.00
2 1 Introduction to Accounting 2 2.00
3 5 Ledger accounts and double entry 9 8.00
4 6 From trial balance to financial statements 5 4.005 4 Sources, Records and Books of Prime Entry 5 4.00
6 7 Sales Tax 4 3.00
Monthly Test 1
7 8 Inventory 6 5.00
8 9 Tangible Non-current Assets 13 11.00
9 10 Intangible non-current assets 1 1.00
10 11 Accruals and Prepayments 7 6.00
Monthly Test 2
11 12 Irrecoverable Debts and Allowances 5 4.00
12 13 Provisions and Contingencies 2 2.00
13 14 Control Accounts 4 3.00
14 15 Bank reconciliations 5 4.00
15 16 Correction of Errors 8 7.00
Monthly Test 3
16 17 Preparation of financial statements for sole traders 3 3.00
17 18 Incomplete Records 8 7.0018 19 Partnerships 5 4.00
19 20 Introduction to company accounting 5 4.00
Monthly Test 4
20 21 Preparation of financial statements for companies 6 5.00
21 22 Events after reporting period 1 1.00
22 23 Statement of cash flows 4 3.00
23 2 The regulatory framework 2 2.00
24 3 Accounting Conventions 4 3.00
25 24 Information Technology 3 3.00
Monthly Test 5
26 Revisions and Tests 10
Total no of Lectures 128
Lectures
T/No Ch # Topic DetailsPractice Course Compl
11/19
7/29/2019 Standard Lecture Plan (TT6)
12/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
No. ofAccum-
ulated
Question Source
1 Introduction 1 1
2 1 Introduction to Accounting 2
The purpose of financial reporting, Types of business entities, Nature, principles and
scope of financial reporting 1 2
Users' and stakeholders' needs, The main elements of financial reports (assets,
liabilities, capital, income and expense)1 3
3 5 Ledger accounts and double entry 9
The accounting equation 1 4
Double entry bookkeeping, The journal 1 5
Practice - 1 Long Question 1 6
Daybook analysis, Imprest system 1 7
Why do we need ledger accounts?, The nominal ledger 1 8
Practice - 1 Long Question 1 9
Receivables and Payables Ledger 1 10
MCQs Practice 1 11
MCQs Practice 1 12
4 6 From trial balance to financial statements 5
The trial balance, Practice - 1 Long Question 1 13
Income Statement 1 14Statement of Financial Position 1 15
Balancing accounts and preparing financial statements, Practice - 1 Long Question 1 16
MCQs Practice 1 17
5 4 Sources, Records and Books of Prime Entry 4
The role of source documents 1 18
The need for books of prime entry, Sales and purchase day books 1 19
Cash book, Petty cash 1 20
MCQs Practice 1 21
6 7 Sales Tax 3
The nature of sales tax and how it is collected 1 22
Accounting for Sales Tax (Input Tax and Output Tax) 1 23
MCQs Practice 1 24
Monthly Test 1 1 25
7 8 Inventory 4
Cost of goods sold, Accounting for opening and closing inventories, Counting
inventories 1 26
Valuing inventories (FIFO & AVCO), Practice - 2 Long Question. 1 27
IAS 2 Inventories, MCQ Practice 1 28
MCQs Practice 1 29
8 9 Tangible Non-current Assets 11
Capital and revenue expenditure 1 30
MCQs Practice 1 31
Depreciation accounting, Depreciation: the mechanics (SLM & RBM), Practice - Short
Questions1 32
Other concepts (acquisition in middle of year, change in methods, fall in asset value),
Practice - Short Questions1 33
MCQs Practice 1 34
Revaluation of non-current assets, Practice - Short Questions 1 35
DetailsT/No Ch #Practice
Lectures
Topic
12/19
7/29/2019 Standard Lecture Plan (TT6)
13/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
No. ofAccum-
ulated
Question Source
DetailsT/No Ch #Practice
Lectures
Topic
Non-current asset disposals (simple), Practice - Short Questions 1 36
Non-current asset disposals (part-exchange), Practice - Short Questions 1 37
IAS 16, The asset register 1 38
MCQs Practice 1 39MCQs Practice 1 40
9 10 Intangible non-current assets 1
Intangible non-current assets (IAS 38), Research and development costs, MCQs
Practice1 41
10 11 Accruals and Prepayments 6
Concept of accruals and prepayments 1 42
Calculation of expense (T-account) 1 43
Timeline (4 step approach) 1 44
Basic practice 1 45
Calculation of income 1 46
MCQs Practice 1 47
Monthly Test 2 1 48
11 12 Irrecoverable Debts and Allowances 4
Irrecoverable debts (Introduction, Double Entry and Debt subsequently paid),
Allowances for receivables1 49
Accounting for irrecoverable debts & receiavables allowance (income statement and net
debtors)1 50
MCQs Practice 1 51
MCQs Practice 1 52
12 13 Provisions and Contingencies 1
Provisions and Contingents (IAS 37), MCQs Practice 1 53
13 14 Control Accounts 4
What are control accounts?, Discounts, The purpose of control accounts 1 54
The operation of control accounts (Debtors) 1 55
The operation of control accounts (Creditors) 1 56
MCQs Practice 1 57
14 15 Bank reconciliations 5
Bank statement and cash book (Formats) 1 58
The bank reconciliation, Worked Examples - Cash Book to Bank Statement 1 59
Worked Examples - Bank Statement to Cash Book 1 60
MCQs Practice 1 61MCQs Practice 1 62
15 16 Correction of Errors 7
Types of error in accounting (Non-affecting) 1 63
The correction of errors (Non-affecting), 2 Long Questions Practice 1 64
MCQs Practice 1 65
Types of error in accounting (Affecting) 1 66
The correction of errors (Affecting), 2 Long Questions Practice 1 67
MCQs Practice 1 68
IAS 8 1 69
Monthly Test 3 1 70
16 17 Preparation of financial statements for sole traders 3
1 Long Question Practice 1 71
1 Long Question Practice 1 7213/19
7/29/2019 Standard Lecture Plan (TT6)
14/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
No. ofAccum-
ulated
Question Source
DetailsT/No Ch #Practice
Lectures
Topic
MCQs Practice 1 73
17 18 Incomplete Records 6
Incomplete record questions (types), The opening position, Credit sales and trade
account receivables1 74
Purchases and trade account payables, Establishing cost of sales, Stolen goods or goods
destroyed1 75
The cash book 1 76
Accruals and prepayments, Drawings, The business equation 1 77
MCQs Practice 1 78
MCQs Practice 1 79
18 19 Partnerships 5
Characteristics of Partnerships 1 80
Preparating partnership accounts I (appropriation, capital and current accounts)1 81
Preparating partnership accounts II (long question) 1 82
Preparating partnership accounts III (changes in partnership and goodwill) 1 83
MCQs Practice 1 84
19 20 Introduction to company accounting 5
Limited liability and accounting records (Introduction) 1 85
Share Capital 1 86
Reserves 1 87
Bonus and rights issues 1 88
Ledger accounts and limited liability companies, MCQs Practice 1 89
Monthly Test 4 1 90
20 21 Preparation of financial statements for companies 5
IAS 1 (format and theory) 1 91Items in the income statement and statement of comprehensive income, Items in the
statement of financial position, Long Question Practice1 92
Published accounts, Long Question Practice 1 93
MCQs Practice 1 94
IAS 18: Revenue, Practice - Short Questions 1 95
21 22 Events after reporting period 1 96
IAS 10 with MCQ Practice 1 97
22 23 Statement of cash flows 4
IAS 7 Statement of Cash flows (format) 1 98Preparing a statement of cash flows, Long Question Practice 1 99
Long Question Practice 1 100
MCQs Practice 1 101
23 Consolidated Financial Statements - Subsidiaries 11
Definition of terms, Identification of subsidiaries within a group structure 1 102Preparation of Consolidated SFP (Fair Value Adjustments, Fair Value of Consideration
Transferred, Elimination of inter-company balances)1 103
Removal of unrealized profit 1 104
Acquisition of subsidiaries part way through the year 1 105
Calculation of Goodwill (Full Goodwill Method Only)1 106
Long Question Practice 1 10714/19
7/29/2019 Standard Lecture Plan (TT6)
15/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
No. ofAccum-
ulated
Question Source Le
DetailsC
T/No Ch #Practice
Lectures
Topic
Long Question Practice 1 108
Preparation of Consolidated SoCI 1 109
Long Question Practice 1 110
MCQs Practice 1 111
MCQs Practice 1 112
Consolidated Financial Statements - Associates 3
Definitions and significant influence explaination 1 113
Key features of parent-associate relationship, Principles of equity accounting 1 114
MCQs Practice 1 115
Interpretation of Financial Statements 5
How interpretation is used, Purpose of interpretation of ratios 1 116
Calculation and interrelation of accounting ratios (Profitability, Liquidity) 1 117
Calculation and interrelation of accounting ratios (Efficiency, Position) 1 118
Analysis of Financial Statements 1 119
MCQs Practice 1 120
23 2 The regulatory framework 2
The regulatory system 1 121
International Accounting Standards Board (IASB), Overview of IAS and IFRS 1 122
24 3 Accounting Conventions 3
IAS 1 (including accounting concepts), IASB's Framework 1 123 Criticisms of accounting conventions, Bases of Valuation, IAS 8 1 124
MCQs Practice 1 125
Monthly Test 5 1 126
26 Revisions and Tests 5
Total no of Lectures 126
15/19
7/29/2019 Standard Lecture Plan (TT6)
16/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)
1 Introduction
2 1 Introduction to Accounting
The purpose of financial reporting, Types of business entities, Nature, principles and scope
of financial reporting
Users' and stakeholders' needs, The main elements of financial reports (assets, liabilities,
capital, income and expense)
3 5 Ledger accounts and double entry
The accounting equation
Double entry bookkeeping, The journal
Practice - 1 Long Question
Daybook analysis, Imprest system
Why do we need ledger accounts?, The nominal ledger
Practice - 1 Long QuestionReceivables and Payables Ledger
MCQs Practice
MCQs Practice
4 6 From trial balance to financial statements
The trial balance, Practice - 1 Long Question
Income Statement
Statement of Financial Position
Balancing accounts and preparing financial statements, Practice - 1 Long Question
MCQs Practice
5 4 Sources, Records and Books of Prime Entry
The role of source documentsThe need for books of prime entry, Sales and purchase day books
Cash book, Petty cash
MCQs Practice
6 7 Sales Tax
The nature of sales tax and how it is collected
Accounting for Sales Tax (Input Tax and Output Tax)
MCQs Practice
Monthly Test 1
7 8 Inventory
Cost of goods sold, Accounting for opening and closing inventories, Counting inventoriesValuing inventories (FIFO & AVCO), Practice - 2 Long Question.
IAS 2 Inventories, MCQ Practice
MCQs Practice
8 9 Tangible Non-current Assets
Capital and revenue expenditure
MCQs Practice
Depreciation accounting, Depreciation: the mechanics (SLM & RBM), Practice - Short
Questions
T/N
o
Ch
#Topic Details
16/19
7/29/2019 Standard Lecture Plan (TT6)
17/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)T/N
o
Ch
#Topic Details
Other concepts (acquisition in middle of year, change in methods, fall in asset value),
Practice - Short Questions
MCQs PracticeRevaluation of non-current assets, Practice - Short Questions
Non-current asset disposals (simple), Practice - Short Questions
Non-current asset disposals (part-exchange), Practice - Short Questions
IAS 16, The asset register
MCQs Practice
MCQs Practice
9 10 Intangible non-current assets
Intangible non-current assets (IAS 38), Research and development costs, MCQs Practice
10 11 Accruals and Prepayments
Concept of accruals and prepaymentsCalculation of expense (T-account)
Timeline (4 step approach)
Basic practice
Calculation of income
MCQs Practice
Monthly Test 2
11 12 Irrecoverable Debts and Allowances
Irrecoverable debts (Introduction, Double Entry and Debt subsequently paid), Allowances
for receivables
Accounting for irrecoverable debts & receiavables allowance (income statement and net
debtors)
MCQs Practice
MCQs Practice
12 13 Provisions and Contingencies
Provisions and Contingents (IAS 37), MCQs Practice
13 14 Control Accounts
What are control accounts?, Discounts, The purpose of control accounts
The operation of control accounts (Debtors)
The operation of control accounts (Creditors)
MCQs Practice
14 15 Bank reconciliationsBank statement and cash book (Formats)
The bank reconciliation, Worked Examples - Cash Book to Bank Statement
Worked Examples - Bank Statement to Cash Book
MCQs Practice
MCQs Practice
15 16 Correction of Errors
Types of error in accounting (Non-affecting)
The correction of errors (Non-affecting), 2 Long Questions Practice
MCQs Practice
Types of error in accounting (Affecting)
17/19
7/29/2019 Standard Lecture Plan (TT6)
18/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)T/N
o
Ch
#Topic Details
The correction of errors (Affecting), 2 Long Questions Practice
MCQs Practice
IAS 8Monthly Test 3
16 17 Preparation of financial statements for sole traders
1 Long Question Practice
1 Long Question Practice
MCQs Practice
17 18 Incomplete Records
Incomplete record questions (types), The opening position, Credit sales and trade account
receivables
Purchases and trade account payables, Establishing cost of sales, Stolen goods or goods
destroyed
The cash bookAccruals and prepayments, Drawings, The business equation
MCQs Practice
MCQs Practice
18 19 Partnerships
Characteristics of Partnerships
Preparating partnership accounts I (appropriation, capital and current accounts)
Preparating partnership accounts II (long question)
Preparating partnership accounts III (changes in partnership and goodwill)
MCQs Practice
19 20 Introduction to company accounting
Limited liability and accounting records (Introduction)
Share Capital
Reserves
Bonus and rights issues
Ledger accounts and limited liability companies, MCQs Practice
Monthly Test 4
20 21 Preparation of financial statements for companies
IAS 1 (format and theory)
Items in the income statement and statement of comprehensive income, Items in the
statement of financial position, Long Question Practice
Published accounts, Long Question PracticeMCQs Practice
IAS 18: Revenue, Practice - Short Questions
21 22 Events after reporting period
IAS 10 with MCQ Practice
22 23 Statement of cash flows
IAS 7 Statement of Cash flows (format)
Preparing a statement of cash flows, Long Question Practice
Long Question Practice
MCQs Practice
23 Consolidated Financial Statements - Subsidiaries
18/19
7/29/2019 Standard Lecture Plan (TT6)
19/19
Centre of Financial Excellence
Standard Lecture Plan
FINANCIAL ACCOUNTING - TT6 (F3)T/N
o
Ch
#Topic Details
Definition of terms, Identification of subsidiaries within a group structure
Preparation of Consolidated SFP (Fair Value Adjustments, Fair Value of Consideration
Transferred, Elimination of inter-company balances)Removal of unrealized profit
Acquisition of subsidiaries part way through the year
Calculation of Goodwill (Full Goodwill Method Only)
Long Question Practice
Long Question Practice
Preparation of Consolidated SoCI
Long Question Practice
MCQs Practice
MCQs Practice
Consolidated Financial Statements - Associates
Definitions and significant influence explainationKey features of parent-associate relationship, Principles of equity accounting
MCQs Practice
Interpretation of Financial Statements
How interpretation is used, Purpose of interpretation of ratios
Calculation and interrelation of accounting ratios (Profitability, Liquidity)
Calculation and interrelation of accounting ratios (Efficiency, Position)
Analysis of Financial Statements
MCQs Practice
23 2 The regulatory framework
The regulatory system
International Accounting Standards Board (IASB), Overview of IAS and IFRS
24 3 Accounting Conventions
IAS 1 (including accounting concepts), IASB's Framework
Criticisms of accounting conventions, Bases of Valuation, IAS 8
MCQs Practice
Monthly Test 5
26 Revisions and Tests
Total no of Lectures