Lesson Plan
Lecture No 1 Accounting for Marketable Securities, Accounting for Inventories, Perpetual and Periodic Inventory systems, Cost Flow Assumptions
2 Cost Flow Assumptions under periodic and perpetual inventory system, Impact of Inventory Errors on Profitability and Financial Position. Gross Price Method, Retail Price Method,
3 Qunatitative Models of Inventory Handling, Economic Order Quantity and Most significant ratios related to inventories. Comprehensive Problem
4 Plant Assets and Depreciation, Plant Asset acquisition, Determination of Cost Price, Capital and Revenue Classification, Methods of Deprecation, Straight Line, Declining Balance, Unit of Out, Sum of Year Digit
5 Depreciation Schedule for Straight Line, Declining Balance Method, Disposal of Fixed Asset, and Accounting for Asset
6 Accounting for Natural and Intangible Assets, Liabilities
7 Corporate Liabilities and Lease Accounting,
8 Stockholders' Equity Paid in Capital
9 Stockholders' Equity Paid in Capital, Comprehensive Problem
10 Introduction to Peachtree Accounting Software
11 Practice Sessions on Peachtree Accounting
12 Income and Changes in Retained Earnings
13 Further Readings on Income and Changes in Reatained Earnings
14 Partnership Accounting: Setting Up Partnersh Accounts, Distribution of Profits. Adimission of a Partner, Dissulation of Partnership when all partners are solvent
15 Statement of Cash Flows
16 Further Readings on Statement of Cash Flows