Scheme of Work

Scheme of Work on Financial Accounting

FIRST TERM
SSS 1 SSS 2 SSS 3
Wk 1: Revision Wk 1: Revision Wk 1: Revision
Wk 2: Book Keeping and Accounting Wk 2: Straight line method Wk 2: Final Accounts
Wk 3: Ethics of Accountinq Wk 3: Reducing balance or written down value method Wk 3: Regulation of the capital Market
Wk 4: Principles of Double Entry Wk 4: Manufacturing Account Wk 4: Hire Purchase and Installment Payment Account
Wk 5: Accountinq Concepts Wk 5: Profit and Loss Appropriation
Wk 6: General Journal Wk 6: Partnership Capital Account
Wk 7: Current Account
SECOND TERM
SSS 1 SSS 2 SSS 3
Wk 1: Revision Wk 1: Revision Wk 1: Revision
Wk 2: Analytical Cash Book Wk 2: Admission of a new partner and Goodwill Account. Wk 2: Consignment Account
Wk 3: Bank Reconciliation Statement Wk 3: Receipts and payment accounts, income and expenditure Accounts Wk 3: Joint Venture Account
Wk 4: Classification of Accounts Wk 4: Single Entry (incomplete Records) Wk 4: Contract Account
Wk 5: Trial Balance and Correction of Error Wk 5: Formation of a Company
Wk 6: Trading Account Wk 6: Private and Public Companies
Wk 7: Quoted and unquoted Companies
THIRD TERM
SSS 1 SSS 2 SSS 3
Wk 1: Revision Wk 1: Revision Wk 1: Revision
Wk 2: Profit and loss Account Wk 2: Financial System Wk 2: Departmental Account
Wk 3: Adjustments in Profit and Loss Account Wk 3: Issue of Shares Wk 3: Branch Account
Wk 4: Balance Sheet Wk 4: Loan Capital Wk 4: Public Sector Accounting
Wk 5: Sales Ledger (Total Debtors Control Account) Wk 5: Methods of missing funds from the capital market
Wk 6: Purchases ledger (Total Creditors Account) Wk 6: Requirements for accessing the capital markets
Wk 7: Benefits of Capital Market.