Lesson Plan
Lecture No
1 Introduction to accounting & accounting principles, Generally accepted accounting principles (GAAP),Accounting cycle/process,
2 Rules of Debit and Credit, Steps in accounting cycle,
3 Limitations of trial balance, Preparing financial statements,
4 balance sheet, income statement,Expenditures Vs Expenses,
5 Adjusting entries and their types, Statement of owner’s equity
6 closing entries, Statement of Cash flows, Parts of cash flow statement
7 Notes to financial statements, Accounting policies, inventory accounting policies
8 Depreciation accounting policies, Methods of computing depreciation
9 Annual report generated by business, Audit’s report
10 Types of business, Using Financial Statements Information,
11 Financial Statement Analysis, Ratio Analysis,
12 Vertical & horizontal analysis,
13 Different types of ratios, Liquidity ratio
14 Leverage ratio
15 Coverage ratio, Activity ratio
16 profitability Ratios