Lesson Plan

 

WEEKS
 

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 depriciation

Mid Term Exam

 

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

Final Term Exam