Archive about 'Others'

LCCI Cost Accounting Second Level(2016)-Series 2,3 & 4

The aim of the examination is to test the candidate’s knowledge and understanding of The purposes of cost accounting, the terminology used and the methods by which the costs of operations, processes, departments, products or services are ascertained using the absorption principle Elementary aspects of the marginal principle, optional technique and costing systems SYLLABUS CONTENT [...]

LCCI Management Accounting Third Level(3023)-Series 2,3 & 4

The aim of the examination is to test the candidate’s knowledge and understanding of the basic principles involved in short-term cost behaviour, short and long-term decision making and short-term profit control, cash management and product cost ascertainment SYLLABUS CONTENT 1.0  Short-term Cost Behaviour Effective assessment of the cost effects of the various alternatives open to [...]

Shopping

Append below some places where you can shop for your reference books whether they are accounting, financial or audit or management related. AMAZON BOOKSTORE http://astore.amazon.com/httpbasiccoll-20 POWELL’S BOOKSTORE Finance.htmlhttp://www.powells.com/partner/33036/subsection/BusinessAccounting&  

GCE “O” Level Principles Of Accounts ( Singapore )

Syllabus Content 1.0 Double Entry System Within the following areas, candidates should be able to: 1.1 The Double Entry System · Explain the accounting entity, money measurement and historical concept · Analyse business transactions using the accounting equation: Assets=Liabilities+Owners’ Equity · Process accounting data using the double entry system 1.2 Source Documents · Name and [...]

LCCI Accounting Third Level(3001)-Series 2,3 & 4

The aim of the examination is to test candidate’s understanding of accounting information deriving from all sources-manual, mechanical and electronic ability to prepare accounting statements and data in accordance with basic accounting conventions and current accounting practice with reference to          – disclosure of accounting policies          – stocks and long term contracs          – [...]

LCCI Bookkeeping Second Level (2006) Series 2,3&4

The aim of the examination is to test candidate’s understanding of the basic principles underlying the recording of business transactions, including the influence of Information Technology and the ability to prepare accounts for sole traders and non-trading organizations Syllabus Content 1.0 Advanced aspects of the First Level syllabus for Bookkeeping 2.0 The ledger accounts for: [...]

LCCI Bookkeeping First Level (1006) Series 2,3 and 4

The aim of the examination is to test candidate’s understanding of the basic principles underlying the recording of business transactions, including the influence of Information Technology and the ability to prepare accounts for sole traders and non-trading organizations Syllabus Content 1.0 The recording by double entry book-keeping of simple transactions concerning the purchase and sale [...]

Table/Summary/Snapshot Of Accounting Concepts/Convention

TABLE/SUMMARY/SNAPSHOT OF ACCOUNTING CONCEPTS/CONVENTION Accounting Period Concept Also known as Time Period where business operation can be divided into specific period of time such as a month, a quarter or a year(accounting period) Final accounts are prepared at the end of the accounting period ie one year. Internal accounts can be prepared monthly, quarterly or [...]

Revision Notes On Activity-based costing(ABC)

Salient points On Activity-based costing(ABC) 1.0 Activity-based costing(ABC) was developed/designed during the 1980s to avoid the shortcoming of absorption costing and marginal costing. 1.1 Shortcoming of Absorption costing –produce misleading product costs 1.2 Shortcoming of Marginal costing-does not attempt to connect general overhead costs to products. Also produce misleading product costs   2.0  CIMA defines [...]

Revision Notes on Bank Reconciliation Statement

Salient points On Bank Reconciliation Statement 1.0 Understand the objective of Bank Reconciliation Statement which is simply to reconcile the bank balance of the Cash Book with the balance in the Bank Statement 2.0  Remember that in the Bank Statement which has the records of the firm. Normally the firm is a creditor to the [...]