YAKILI | Form 5 Accounting

Course / Course Details

Form 5 Accounting

Form 5
Acc

By - Secondary Accounting Tutor
0 students
166 Hours 40 Min
(0)

Course Requirements

All students enrolled in Form 5 Accounting must complete the following requirements: 1. Attend all scheduled classes and actively participate in discussions and activities. 2. Submit all assignments and projects on time as per the given deadlines. 3. Maintain a high level of academic integrity and honesty in all assessments. 4. Demonstrate a strong understanding of accounting principles and concepts through regular assessments and examinations. 5. Seek help and clarification from the instructor whenever needed to ensure a thorough understanding of the course material. 6. Meet the minimum attendance and participation requirements set by the course instructor. 7. Successfully pass all required assessments and examinations to fulfill the course requirements.

Course Description

This course introduces students to the fundamental principles of accounting. Topics covered include basic accounting concepts, financial statements, and the accounting cycle. Students will learn how to analyze and interpret financial information, prepare financial reports, and understand the role of accounting in business operations. This course provides a solid foundation for further studies in accounting and finance.

Course Outcomes

Solidify accounting principles: Strengthen your understanding of the double-entry accounting system, debits and credits, and the accounting equation.

Master the accounting cycle: Gain a comprehensive understanding of the sequence of accounting events from recording transactions to preparing financial statements.

Develop bookkeeping skills: Learn to use journals and ledgers to accurately record financial transactions.

Interpret financial statements: Analyze income statements, balance sheets, and cash flow statements to gain insights into a company's financial performance.

Apply accounting to different business entities: Learn how accounting principles are applied to sole proprietorships, partnerships, and limited companies.

Introduce accounting for payroll and inventory: Explore basic concepts of payroll accounting and inventory management.

Develop critical thinking and problem-solving skills: Apply accounting principles to real-world scenarios and solve accounting problems.

Course Curriculum

16 chapters
85 lectures
0 quizzes
166 Hours 40 Min total length

Toggle all chapters

1 The role of accounting in business

5 Min

2 Role or place of an enterprise in an economic environment

5 Min

3 – Role or place of an enterprise in an

5 Min

4 – Types of activities carried out by busines organisatoin

5 Min

5 Accounting defined

5 Min

1 The Trial Balance (maximum six columns)

55 Min

2 – General Accounting Codification and Identification of Accounts

5 Min

3 2 Classes of OHADA Accounting System/Chart

5 Min

4 Background to OHADA Accounting System

5 Min

5 Capital and revenue expenditure

5 Min

6 The Accounting Equation.

5 Min

7 The Accounting period.

5 Min

8 The Ledge

5 Min

9 Journals (books of original entry)

5 Min

10 Double Entry Principle

5 Min

11 Classification of Accounts

5 Min

12 The Accounts

5 Min

1 4 Receivables

5 Min

2 Sales invoices (including VAT, transport and containers)

5 Min

3 Sales returns and discounts

5 Min

4 Basic documents concerning the sales of goods

5 Min

5 Receipts

5 Min

6 Recording processe

5 Min

1 Purchases and Sales of stocks(merchandise)

5 Min

2 Notions of stocks

5 Min

1 Recording Processes

5 Min

2 Advantages and Disadvantages of each inventory costing method

5 Min

3 Periodic Weighted Average

5 Min

4 Weighted Average after each entry

5 Min

5 FIFO (First In, First Out)

5 Min

1 Basic Salary

5 Min

2 Recording processes

5 Min

3 Payment

5 Min

4 Net Pay

5 Min

5 Deductions:

5 Min

6 Overtime

5 Min

7 Allowances (housing, transport, etc.)

5 Min

8 Seniority

5 Min

9 Gross Financial Remuneration

5 Min

1 Recording processes

5 Min

2 Bank Reconciliation Statements

5 Min

3 Bank Statements

5 Min

4 Cash disbursements/ withdrawals

5 Min

5 Cash receipts/deposits

5 Min

1 Disposal of fixed assets

5 Min

2 Depreciation: (Accounts 28 & 68)  Definition of depreciation  Factors in computing depreciation  Methods of providing for depreciation (straight line and diminishing balance methods)  Dep

5 Min

3 Cost of Fixed Assets: (Accounts 22, 23 & 24)  Purchase price  Other related cost

5 Min

1 Recording processes

5 Min

2 Calculations

5 Min

3 Types of Provisions:

5 Min

4 Notions of Provisions

5 Min

5 Recording processes

5 Min

1 Types of adjustments:

5 Min

2 Recording processes

5 Min

3 Correction of Errors and the Suspense Accounts

5 Min

4 Notions

5 Min

1 Recording processes

5 Min

2 Presentation of the Stock Index Card

5 Min

3 Containers on Consignment

5 Min

4 Purchases of Containers

5 Min

5 Classification of Containers

5 Min

6 1Notion of Containers

5 Min

7 Preparation of financial statements (Simplified System) 

5 Min

8 Notions of financial statement:

5 Min

1 Notions

5 Min

2 Solvency Ratios

5 Min

3 Profitability Ratios

5 Min

4 Liquidity Ratios

5 Min

5 Accounting Ratio Analysis:

5 Min

1 Apportionment of common(joint) cost

5 Min

2 General Notions

5 Min

1 Profit Appropriation

5 Min

2 Recording processes

5 Min

3 Admission of new partner

5 Min

4 Partnership Agreement

5 Min

5 Nature of partnership

5 Min

1 Recording processes

5 Min

2 Compilation of final accounts from incomplete records

5 Min

3 Ascertainment of profit or loss from incomplete records

5 Min

4 Conversion of single entry into double entry

5 Min

5 Notion of incomplete records

5 Min

1 Preparation of Income & Expenditure Accounts and the Balance Sheet.

5 Min

2 Conversion of Receipts & Payment Accounts into Income & Expenditure Accounts

5 Min

3 Receipts and Payments Accounts

5 Min

4 Notions of non-profit accounting

5 Min

Instructor

Secondary Accounting Tutor

Our secondary accounting tutor plays a crucial role in educating students about the principles, practices, and theories of accounting, preparing them for further studies in accounting and related fields or for careers in finance, business, or entrepreneurship.

0 Rating