Wednesday, April 30, 2014

BOOK----KEEPING FORM 1---SYLLABUS.


BOOK-KEEPING FORM 1 -  SYLLABUS
GENERAL  OBJECTIVES OF
TEACHING BOOK-KEEPING-FORM I

At the end of  this course, the student should be able to:
Define and explain the subject matter of Book-keeping and what Book-Keeping is about
Distinguish the various Book-keeping systems concerning financial matters and records
Use the terminology of accounts with clarify for the purpose of effective communication in and control of business
Differentiate the following concepts:
Book keeping
Government Accounting and Auditing
Give five reasons and importance of keeping books of accounts for individuals, companies and state.

CONTENT SELECTION AND ORGANIZATION 

Syllabus topics will be covered form  wise.
Thus, form I will cover Topics 1-7, Form II Topics 8-11 , Form III, Topics 12-20 and Form IV, Topics 21-27.
METHODS OF TEACHING AND LEARNING
As book keeping should  assess student progress and achievement to:
-         Identity students strength and weakness  and that help the weak and encourage the good ones.
-         Evaluate the effectiveness of the methods and  teaching styles used, and hence
-         Alert the  teacher the need to improve/replace/augment methods and styles
INSTRUCTIONAL TIME:
This syllabus is to be covered in two academic years each one having approximately nine teaching months.
TOPICS - FORM 1
  1. SUBJECT MATTER OF BOOK KEEPING
  2. PRINCIPLES OF DOUBLE ENTRY SYSTEM
  3. CLASSIFICATION OF ACCOUNTS
  4. TRIAL BALANCE
  5. STOCK
  6. ELEMENTARY TRADING PROFIT AND LOSS ACCOUNT
  7. ELEMENTARY BALANCE SHEET


FORM II
  1. BOOKS OF PRIME ENTRY
  2. PETTY CASH AND SYSTEM ( COLUMNAL PETTY CASH BOOK)
  3. BANK RECONCILIATION STATEMENT
  4. GOVERNMENT ACCOUNTING TERMINOLOGY
a.  Sources of government funds and expenditure estimates
  1. GENERAL JOURNAL
  2. CORRECTION OF ERRORS
  3. ADJUSTMENT
    1. General
    2. Capital expenditure and Revenue / Expenditure
    3. Depreciation
    4. Disposal of Fixed Assets
    5. Bad Debts
  4. FINANCIAL  STATEMENTS
    1. General
    2. Balance Sheet (Classified)
  5. MANUFACTURING ACCOUNT
  6. CONTROL ACCOUNT
  7. INCOMPLETE RECORDS
  8. ACCOUNTS OF NON PROFIT MAKING ORGANISATIONS
  9. GOVERNMENT BUDGETING PROCEDURE
  10. BILLS OF EXCHANGE
  11. JOINT VENTURES
  12. CONSIGNMENT
  13. PARTNERSHIPS
  14. DEPARTMENTAL ACCOUNTS
  15. FINANCIAL MANAGEMENT OF GOVERNMENT FINANCE
  16. ELEMENTS OF AUDITING   

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