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Revision Notes –Consignment, Containers & Royalty Accounts

CONSIGNMENT ACCOUNTS

Del credere commission

is an additional commission paid to cover the consignor against bad debts

Goods-in-transit :

are often included as part of Consignment stock

Returns from consignee:

should be adjusted by CREDIT to Consignment Account and DEBIT to Goods Sent on Consignment Account

Goods invoiced at higher prices than cost accounted by:

Consignment Account ( at invoiced price) with [...]

ACCA Diploma In Financial Management(DipFM) (Part2of2)

Part 2 is about the Course Syllabus, how much it cost and how to register.

 

COURSE SYLLABUS
The Diploma programme has a modular design.Each module covers two subject areas:

Module A

Module B

1. Interpretation of Financial Statements

3. Financial Strategy

2. Performance Management

4. Risk Management

1 INTERPRETATION OF FINANCIAL STATEMENTS
Aim

The overall aim of this paper is for candidates to understand [...]

ACCA Diploma In Financial Management(DipFM) (Part1of2)

Part 1 of this article is dedicated to a basic understanding of what’s in for those who wish to pursue the ACCA Diploma in Financial Management. Here, we look at what is this diploma all about, the requirements and the benefits of having this diploma.
Part 2 refers to the course syllabus of the ACCA [...]

LCCI Cost Accounting Third Level(3016) Series 2, 3 & 4

The aim of the examination is to test the candidate’s knowledge and understanding of

The methods, principles and techniques by which both planned and actual costs of operations, processes, departments, products or services are established

Responsibility for effective use of resources involving control by variance analysis

Relevant costs for decision making

SYLLABUS CONTENT

1.0 Further aspects of the Second Level [...]

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

1.0 General

Cost units; [...]

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 management
Fixed, variable and [...]

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 state the use of an invoice, credit note,debit note, [...]

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
         - accounting for depreciation
         - cash [...]

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:
(a) Sole [...]

 

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