Financial Accounting Slides


Slide Title Slide Contents Start
Lesson 1 Intro to Accounting, Transaction Definition, How Did It Develop?, Barter Transactions, Money Measurement Concept, Cash And Credit, Different Types of Business Organizations
Lesson 2 Concept of Record Keeping, Diary of Transactions, Cash and Credit Transactions, Single Entry and Double Entry Accounting, Capital or Equity, Money Value of Time, Goodwill, Is Cash in Hand Our Profit?, Budget
Lesson 3 Cash Accounting and Accrual Accounting, Income, Expenses, Profit or Net Profit, Capital and Revenue Expenses, Liabilities
Lesson 4 Separate Entity Concept, Single Entry Book-Keeping, Double Entry Book-Keeping, Single & Double Entry Book-Keeping Distinguished, Debit and Credit, Dual Aspect of Transactions, Assets, Accounting Equation
Lesson 5 Account, Classification of Accounts, Assets, Liabilities, Income, Expenses, Rules of Debit and Credit
Lesson 6 The Flow Of Transactions, The Voucher, The General Journal, The Present Day Flow Of Transactions, General Ledger – The ‘T’ Account, Recording From Voucher To General Ledger, The Ledger Balance
Lesson 7 The Cash Book, The Bank Book, The Ledger Balance (Debit Balance), An Accounting Period, Financial Year, The Trial Balance, A Sample Trial Balance
Lesson 8 The Financial Statements, Income and Expenditure Vs Profit and Loss, The Profit and Loss Account, Rules of Debit and Credit, Classification of Expenses, The Receipt and Payment Account, A Sample Profit and Loss Account, Gross Profit And Net Profit, A Sample Income Statement, Recognizing Income And Expenditure
Lesson 9 The Balance Sheet, Assets, Liabilities, Classification (Liabilities)‏, Classification (Assets)‏
Lesson 10 An Example of different Accounts, Cash Account, Bank Account
Lesson 11 An Example of cash Accounts, Bank Account, Vehicle Account, Trial balance, Other accounts, Profit and loss Account
Lesson 12 Accounting Equation, Working Capital, Cost of Sales & Closing Stock, Treatment of Closing Stock
Lesson 13 Voucher, Types of Voucher, Receipt Voucher, Payment Voucher, Journal Voucher, Carrying Forward the Balance of an Account, Example of ledger accounts
Lesson 14 Example continued, Expenses and Purchases, Types of Stock, Stock Account, Purchase of Stock, Payment to Creditors, Sale of Goods, Cost of Goods Sold, Stock & Cost of Goods Sold In Manufacturing Conc.
Lesson 15 Stock, Stock Journal Entries (Trader), Types of Stock (Manufacturer), Flow of Costs, Return of Purchased Material, Example1
Lesson 16 Cost of Goods Sold Statement, Sample Stock Card, FIFO Method of Stock Valuation, Weighted Average Method of Stock Valuation, Effect of Valuation Method on Profits
Lesson 17 Fixed Assets, Depreciation, Useful Life, Grouping of Fixed Assets, Recording the Depreciation, Methods of Calculating Depreciation, Straight Line Method of Calculating Depreciation, Written Down Value Method
Lesson 18 Classification of Fixed Asset, Policies for Recording Fixed Asset, Journal Entries, Written Down Value Method calculation of Rate, Disposal of Asset, Recording of Disposal of Fixed asset
Lesson 19 Capital Work In Progress Account and its Example
Lesson 20 Capital Work In Progress, Capital Work In Progress Journal Entries, Dep. and Disposal in Case Depreciation on the Basis of Use, Example, Revaluation of Fixed Assets, The Need For Revaluation of Assets, Rules For Revaluation, Accounting for Revaluation, Treatment of Revaluation Reserve, Treatment of Revaluation Loss
Lesson 21 Capital Expenditure, Acquiring an Asset, Subsequent Expenditure, Examples, Difference Between Capital and Revenue Expenditure, Capitalized or Deferred Revenue Expense, Importance of Distinguishing Between Capital & Revenue Expense, The General Rule
Lesson 22 Bank Reconciliation, Example, Tracing Figures From Bank Book to Bank Statement
Lesson 23 Bank reconciliation, Example, Adjustments in Bank Book
Lesson 24 Accounting for Creditors, Discounts Allowed to Customers, Recording of Accrual, Difference Between Accrual and Provision, Recording of Provision for Doubtful Debts, Provision for Expenses (e.g. Electricity), Recording of Debtors
Lesson 25 Recording of Bad Debt, Recording Change in Provision, Example, Presentation
Lesson 26 Subsidiary Books, Subsidiary Books- Debtors, Information for Control Accounts, Recording of Sales, Recording of Sales Return, Receipts From Debtors, Recording of Receipts – Multi Column Cash Book, Subsidiary Books- Creditors, Recording of Purchases, Recording of Purchase Return, Payment to Creditors
Lesson 27 When a person is both debtor and creditor, Bad Debts, Example, Subsidiary Ledgers, Recording of Bad Debts in Control Accounts, Recording of Discounts Received in Control Accounts, Recording of Discounts Allowed in Control Accounts
Lesson 28 Rectification of errors, Types of errors, Example
Lesson 29 Profit and Loss Account, Balance Sheet (Assets)
Lesson 30 Classification of Investments, Balance Sheet (Liabilities)
Lesson 31 Different Business Entities, Sole Proprietorship, Partnership, Limited Companies, Journal Entries for Drawings Account, Sole Proprietor – Capital Account, Balance Sheet - Sole Proprietor, Partnership – Capital Accounts, Balance Sheet - Partnership, Limited Companies – Number of Shareholders
Lesson 32 Example of Financial Statements
Lesson 33 Example of Financial Statements
Lesson 34 Example of Financial Statements - Partnership
Lesson 35 Partnership - Mark up on Capital, Mark up on Drawings, Recording, Calculation – Mark up on Capital, Calculation – Mark up on Drawings, Example
Lesson 36 Maximum Number of Partners in a Partnership, Types of Companies, Formation of Companies, Memorandum of Association, Share Capital, Preliminary Expenses
Lesson 37 Share capital, Certificate of incorporation, Separate Legal Entity, Dividend, Subscribers / Sponsors of the Company, Issuance of Further Capital, Right Issue, Bonus Shares, Financial Statements of Limited Companies
Lesson 38 Statement of Changes In Equity - Companies, Share Premium, Revaluation Reserve, Cash Flow Statement, Notes to the Accounts, Contents of Notes to the Accounts, Debentures, Example of financial statements - Companies
Lesson 39 Example of financial statements - Companies continued
Lesson 40 Example of financial statements - Companies, Significant Accounting Policies
Lesson 41 Difference Between Profit and Cash Example, Liquidity, Components OF Cash Flow Statement
Lesson 42 Example of Cash flow statement and other financial statements - Companies
Lesson 43 Example of financial statements - Companies
Lesson 44 Example of financial statements - Companies
Lesson 45 Analysis of Financial Statements