Structure of Accounts

Content

• Part 1 The underpinning principles of accounting
  • An introduction to accounting
  • The primary financial statements
  • Sources of authority and regulation regarding financial reporting
• Part II The different forms of business enterprise
  • The different types of enterprises
  • Different types of finance available to enterprises
  • The content and structure of the principal (primary) accounting reports of enterprises, and reporting obligations
• Part III Recording economic events and preparing balance sheets and profit and loss accounts
  • Double-entry bookkeeping
  • Trial balances and final accounts adjustments
  • Depreciation
  • Sole trader accounts
  • Partnership accounts
  • Limited company accounts
  • Manufacturing company accounts
• Part IV The importance of cash flows
  • The cash conversion cycle
  • Cash flow statements
  • Cash forecasts
• Part V The nature and behaviour of costs
  • The nature and behaviour of costs
• Part VI Interpreting financial information
  • Interpreting financial information using ratio analysis
  • Interpreting financial information from a shareholder perspective including the valuation of goodwill and stock
  • The adequacy of accounting information in satisfying stakeholder information needs and FRS 3
• Index