Sekondari ya Juu · Kidato cha Tano
Uhasibu
Jaribio fupi linalobadilika kuona ulipo.
Fanya jaribioKiwango
Mada
Demonstrate mastery of the concepts, theories and principles of accounting
Mada 10Demonstrate an understanding of concepts and principles of accounting
Mada 8- Describe the conceptual framework of accounting (objectives of general-purpose financial statements, users and qualitative characteristics of useful accounting information)→
- Describe the concepts and principles applied in the accounting for inventories (meaning, types, valuation methods, stock estimation and insurance claims)→
- Describe the concepts and principles applied in the accounting of payroll (meaning, forms and methods of employees' remuneration and deductions)→
- Describe the concepts and principles applied in the accounting of investments (meaning, types and terminologies)→
- Describe the concepts and principles applied in the accounting of businesses operating with branches (meaning and nature, types and transactions involved)→
- Describe the concepts and principles applied in the accounting of royalties (meaning, types and terminologies)→
- Describe the concepts and principles applied in the accounting of non-current assets (nature, types, valuation and measurement methods, depreciation and disposal)→
- Describe the concepts and principles applied in the accounting of hire purchases (meaning, nature and terminologies)→
Prepare an accounting work plan
Mada 2
Prepare accounting reports
Mada 10Prepare and maintain accounting records
Mada 8- Prepare and maintain accounting records related to inventories (using different stock-taking systems (perpetual and periodic) and using different inventory valuation methods (FIFO, LIFO and weighted average))→
- Prepare and maintain accounting records related to payroll (computations of gross pay and net pay, payroll summary for remunerations and deductions, and journal entries)→
- Prepare and maintain accounting records related to equity-based investments (acquisition and disposal using different price quotations; returns on investments)→
- Prepare and maintain accounting records related to businesses operating with branches (ledger accounts for dependent and independent branches)→
- Prepare and maintain accounting records related to royalties (in the books of the lessor and lessee when the contract provides minimum rent and when it does not provide minimum rent)→
- Prepare and maintain accounting records related to non-current assets (valuation, depreciation and disposal)→
- Prepare and maintain accounting records related to hire purchases (in the books of hire vendors and hire purchasers)→
- Evaluate the impact of using different inventory valuation methods on reported profits/losses and the financial position of a business→
Adjust records in financial statements
Mada 2