Part 1 Quotation with Profit Margin Chapter 1 Cost Classification 1.1 The Process of Setting Up a New Business 1.2 Cost Concept 1.3 General Cost Classification Chapter 2 Accounting for Overhead 2.1 Job order Costing & Process Costing 2.2 Cost Assignment in Job order Costing System 2.3 Cost Allocation in Job order Costing System Chapter 3 Profit Determination 3.1 Mark Up Method 3.2 Margin Method Chapter 4 Value Added Tax (VAT) 4.1 Introduction to VAT 4.2 The Current Rate of VAT 4.3 VAT Calculation 4.4 VAT Responsibilities of A Registered Business 4.5 Job order Costing Statement Exercises Chapter 1: Cost Classification Part 2 Inventory Control and Valuation Chapter 5 Introduction to Inventory Control 5.1 Definition and Importance of Inventory Control 5.2 Overview of the Role of Inventory in a Business 5.3 Components of Inventory Control Documentation Chapter 6 Inventory Valuation Methods and Updating Inventory Records 6.1 Valuation Methods 6.2 Advantages and Disadvantages of Each Method Chapter 7 Writing Off Inventory 7.1 What Is Inventory Write Off 7.2 Reasons for Write Off Inventory 7.3 Relevant Entries in Inventory Control Documentation 7.4 Preventing Inventory Write Off Chapter 8 Impact of Inventory Control on Business 8.1 Importance of Accurate Closing Inventory Value 8.2 Impact of Inventory Control on Business 8.3 Methods to Avoid Poor Inventory Control Exercises Chapter 5: Introduction to Inventory Control Chapter 6: Inventory Valuation Methods and Updating Inventory Records Chapter 7: Writing Off Inventory Chapter 8: Impact of Inventory Control on Business Part 3 Recording Financial Information Chapter 9 Introduction to Accounting and Bookkeeping 9.1 History of Accounting and Bookkeeping 9.2 The Definition of Accounting and Bookkeeping 9.3 Branches of Accounting 9.4 Types of Business 9.5 Importance of Financial Information to Various Users Chapter 10 Accounting Concepts 10.1 Legal Entity
10.2 The Accrual Concept 10.3 The Matching Concept 10.4 The Going Concern Assumption Chapter 11 Recording Business Transactions 11.1 Introduction to Business Transactions and Documentation 11.2 Payment Systems and Methods 11.3 The Role of Accounting Records Chapter 12 Foundations of Accounting Records 12.1 The Accounting Cycle 12.2 Accounting Equation 12.3 Principles of Double Entry Bookkeeping Chapter 13 Books of Original Entry 13.1 Cash Book 13.2 Sales and Purchases Day Books 13.3 Sales Returns and Purchases Returns Day Books 13.4 Discount Allowed and Received Day Books 13.5 General Journal Chapter 14 Posting to the Ledgers 14.1 Accounting Ledger 14.2 Types of Ledgers Chapter 15 VAT Returns 15.1 VAT Return Terminology 15.2 VAT Accounting Methodologies 15.3 VAT Rates 15.4 VAT Return Declaration Process Chapter 16 Bank Reconciliation 16.1 Internal Control and Its Role in Business Success 16.2 Bank Reconciliation 16.3 Suspense Account Exercises Chapter 9: Introduction to Accounting and Bookkeeping Chapter 10: Accounting Concepts Chapter 11: Recording Business Transactions Chapter 12: Foundations of Accounting Records Chapter 13: Books of Original Entry Chapter 14: Posting to the Ledgers Chapter 15: VAT Returns Chapter 16: Bank Reconciliation Part 4 Creating and Analysing Financial Statements Chapter 17 Introduction to Financial Statements 17.1 The Role and Importance of Financial Statements 17.2 Overview of Financial Statements in Business Chapter 18 The Income Statement 18.1 Introduction 18.2 Revenues 18.3 Expenses 18.4 Profit 18.5 Format of the Income Statement Chapter 19 The Statement of Financial Position 19.1 Introduction
19.2 Assets 19.3 Liabilities 19.4 Equity 19.5 Format of the Statement of Financial Position Chapter 20 Basic Financial Analysis 20.1 Horizontal Analysis 20.2 Vertical Analysis (Common Size Analysis) 20.3 Comparison of Horizontal and Vertical Analysis 20.4 Ratio Analysis Exercises Chapter 17: Introduction to Financial Statements Chapter 18: The Income Statement Chapter 19: The Statement of Financial Position Chapter 20: Basic Financial Analysis Reference List Answers to Exercises