| 1 Basic Bookkeeping
· Bad debts
· Balance sheet
· Bank reconciliation statement
· Books of prime entry
· Control accounts
· Correction of errors
· Extended trial balance
· Manufacturing accounts
· Profit and loss account
· Provision
· Provision for doubtful debts
· Provision for depreciation
· Provision for discounts
- Reserves
- Suspense accounts
- Trading account
- Trial balance
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2 Budgets
- Budgetary control
- Cash budget
- Cost centre
- Creditors’/Purchases budget
- Debtors’ budget
- Flexible budget
- Master budget
- Management by exception
- Production budget
- Variance analysis
- Variances
- Zero-based budget
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3 Concepts
- Accruals concept
- Business entity concept
- Consistency
- Dual aspect concept
- Going concern concept
- Materiality concept
- Money measurement concept
- Prudence concept
- Realization concept
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- Costing
- Absorption
- Allocation of overheads
- Apportionment of overheads
- Direct labor costs
- Direct material costs
- Factory overhead expenses
- Indirect expenses
- Over-absorption of overheads
- Overheads
- Prime cost
- Under-absorption of overheads
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- Capital Investment appraisal
- Accounting rate of return
- Capital budget
- Capital expenditure
- Cash flows
- Cost of capital
- Discounted cash flow
- Internal rate of return
- Net present value
-
Opportunity cost
- Payback
- Time value of money
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- Incomplete records
- Adjustment account
- Club accounts
- Income and expenditure account
- Life membership
- Receipts and payments
- Single entry bookkeeping
- Statement of affairs
- Subscription account (club account)
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- Limited companies
- Auditors’ report
- Bonus shares
- Capital reserves
- Called-up capital
- Calls in advance
- Calls in arrears
- Current assets
- Debentures
- Directors
- Directors’ report
- Fixed assets
- Forfeiture of shares
- Format 1 and 2 layout
- Issue of debentures
- Issue of ordinary shares
- Paid-up share capital
- Preference shares
- Provisions
- Published accounts
- Redemption of shares
- Reserves
- Revenue reserves
- Rights issue
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- Marginal costing
- Break-even analysis
-
Break-even charts
- Break-even point
- Contribution
- Contribution pricing
- Contribution/sales ratio
- Fixed costs
- Limiting factor
- Make or buy decisions
- Penetration pricing
- Special-order pricing
- Variable cost
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9. Partnerships
- Garner v
Murray (1904)
- Goodwill
- Partnership Act 1890
- Partnership agreements
- Partnership agreements
- Partnership capital account
- Partnership current account
- Partnership dissolution
- Partnership profit and loss appropriation accounts
- Partnership salaries
- Realization account
- Retiring partner
- Structural changes
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10 Ratio Analysis
- Different accounting ratio-profitability, liquidity, etc
- Users of financial statement
- Working capital cycle
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11 Standard costing
- Direct labor variances
- Direct material variances
- Flexible budgets
- Management by exception
- Overhead variances
- Sales variance
- Standard hour
- Standard minute
- Standard setting
- Variance analysis
- variances
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12. Stock Valuation
- AVCO
- Consistency
- FIFO
- LIFO
- Net realizable value
- Periodic inventory
- Perpetual inventory
- Prudence
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