ZIMSEC A-Level Accounting
1Financial Accounting
Overview
Form 5 and Form 6 (competency matrix: Form 5 sub-topics to Non-profit making organisations; Form 6 Issue and redemption of shares and loan notes).
In this topic
- 1.1 Introduction to Accounting and Business Ethics
- 1.2 Accounting Concepts
- 1.3 Double entry up to the Trial Balance
- 1.4 Trial Balance and Errors
- 1.5 Control Applications
- 1.6 Valuation of Assets
- 1.7 Financial statements: IAS 1
- 1.8 Incomplete Records Accounting
- 1.9 Business Purchase
- 1.10 Sources of Capital
- 1.11 Further considerations in Partnership Accounting
- 1.12 Manufacturing Businesses
- 1.13 Departmental Accounting
- 1.14 Non-Profit making Organisations
- 1.15 Issue and Redemption of Shares
- 1.16 Issue and Redemption of Loan Notes
Lessons
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Branches of accounting
30 min
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Business ethics and professional ethics for accountants
40 min
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Types of business organisation: sole trader, partnership, company
40 min
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Users of accounting information and their needs
35 min
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Concepts of recording: entity, historical cost, money measurement, duality, objectivity
40 min
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Concepts of reporting: prudence, matching, realisation, materiality, consistency, going concern, substance over form
45 min
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Accruals and prepayments of expenses and income in the ledger
50 min
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Depreciation: causes, methods and accounting entries
45 min
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Disposal of non-current assets: profit, loss and part-exchange
45 min
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Double entry, the accounting equation and ledger accounts
55 min
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Irrecoverable (bad) debts, recoveries and allowances for doubtful debts
50 min
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The trial balance: preparation, purpose and limitations
35 min
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Errors revealed and not revealed by the trial balance
45 min
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Suspense accounts, corrected trial balances and corrected profit
45 min
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Control accounts and personal ledger reconciliation
50 min
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Updated cash book and bank reconciliation statements
45 min
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Inventory valuation: IAS 2, FIFO and AVCO
50 min
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Non-current asset valuation: IAS 16, cost model and revaluation model
45 min
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Auditing, stewardship and directors' and auditors' reports
50 min
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Cash generated from operations
55 min
37 more lessons in this topic. Join to read every lesson, or see what Full access includes.
Sample question
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