BA3 Textbook Syllabus
Chapter 1
Syllabus A. ACCOUNTING PRINCIPLES, CONCEPTS AND REGULATIONS
A1. Principles and concepts of financial accounting
- A1a. Types Of Organisation
- A1a. The legal differences
- A1a. Financial records
- A1b. The users of financial statements
- A1b. Financial information produced for the different users
- A1c. Financial vs Management Accounting
- A1a-c. Recap Test
- A1e. Accounting concepts
- A1e. Accounting Conventions
- A1f. Qualitative characteristics of financial statements
- A1f. Qualitative characteristics
- A1e-f. Recap Test
- A1f. Recap Test
- A1d. Definitions of Assets Liabilities ...
- A1g. Accounting equation
- A1d-g. Recap Test
- A1d. Capital and revenue transactions
- A1d. Cash and profit
- A1f. The main financial statements
- A1f. Purpose and content of an integrated report
- A1f. Six Capitals
- A1h. Accounting coding systems
A2. Impact of the regulatory framework on financial accounting
Chapter 2
Syllabus B. RECORDING ACCOUNTING TRANSACTIONS
B1. Prepare accounting records
- B1a. Business transactions
- B1a. Contents and purpose of business documentation
- B1a. Books of prime entry
- B1a. Recap Test
- B1b. Accounting equation
- B1bc. Double entry accounting
- B1b. Uses of journals
- B1b. Recap Test
- B1d. Balancing off accounts
- B1d. Trial Balance
- B1d. From TB to Statement of Profit or Loss
- B1d. Recap Test
- B1e. Fraud
- B1e. Nature of accounting errors
- B1f. Accounting entries for the correction of errors
- B1e/f. Recap Test
- B1g. Non Current Assets (IAS 16)
- B1g. Acquisition and disposal of non-current assets
- B1g. Purpose of depreciation
- B1g. Straight line and reducing balance methods
- B1g. Different methods of appropriate depreciation
- B1g. Change in useful life.
- B1g. Recording Depreciation
- B1g. Profits or losses on disposal in a part exchange
- B1g. Revaluation and Impairment of a non-current asset
- B1h. Asset register
- B1g. Recap Test
- B1g. Difference between tangible and intangible
- B1g. Types of intangible assets
- B1g. Goodwill v Other intangibles
- B1g. Research costs and development costs
- B1g. Amounts to be capitalised
- B1g. Purpose of amortisation
- B1g. Charge for amortisation
- B1g. Recap test
B2. Prepare accounting reconciliations
- B2a. Purpose of bank reconciliations
- B2a. Differences between cash book and bank statement
- B2a. Correct cash book errors and/or omissions
- B2a. Bank reconciliation statement
- B2a. Recap Test
- B2b. Petty Cash - Imprest System
- B2c. Purpose of control accounts
- B2c. Control accounts and double-entry system
- B2c. Control accounts from given information
- B2c. Control account reconciliation
- B2c. Correct errors
- B2c. Recap Test
B3. Prepare accounting entries for specific transactions
- B3ab. General principles of a sales tax
- B3ab. Calculate sales tax
- B3ab. Account for discounts allowed/received
- B3ab. Recap Test
- B3c. Accounting Entries for Payroll
- B3c. Recap Test
- B3d. Capital structure - limited liability company
- B3d. Ordinary shares.
- B3d. Preference Shares.
- B3d. Share capital and share premium
- B3d. Other reserves
- B3d. Bonus (capitalisation) issue
- B3d. Effects of a bonus issue in SFP
- B3d. Rights issue.
- B3d. Effects of a rights issue in SFP
- B3d. Record dividends
- B3d. Statement of changes in equity
- B3d. Recap Test
Chapter 3
Syllabus C. PREPARATION OF ACCOUNTS FOR SINGLE ENTITIES
C1. Prepare accounting adjustments
- C1a. Matching concept
- C1a. Adjustments needed
- C1a. Reversal of Accruals and Prepayments
- C1a. Accrued and deferred Income.
- C1a. Impact on profit and net assets
- C1a. Recap Test
- C1b. Create and adjust an allowance for receivables
- C1b. Movements in allowance for receivables
- C1b. Write off an irrecoverable debt
- C1b. An irrecoverable debt recovered
- C1b. Recap Test
- C1c. Adjustments for inventory
- C1c. Opening and closing inventory
- C1c. Alternative methods of valuing
- C1c. IASB requirements
- C1c. Costs included in valuing inventories
- C1c. FIFO and AVCO
- C1c. The impact of accounting concepts
- C1c. Inventory valuation methods
- C1c. Recap Test
C2. Prepare manufacturing accounts
C3. Prepare financial statements for a single entity
- C3a. IAS 1 (revised) Presentation of FS
- C3a. Extracts of a statement of financial position
- C3a. Statements of financial position
- C3a. Statement of profit or loss
- C3a. Statement of profit or loss and other comprehensive income
- C3a. Statement of changes in equity
- C3a. Recap Test
- C3b. Incomplete records
- C3b. Calculate missing figures
- C3b. Recap Test
- C3c. Differences between profit and cash flow
- C3c. The effect of transactions on cash flows
- C3c. Recap Test
Chapter 4
Syllabus D. ANALYSIS OF FINANCIAL STATEMENTS
D1. Identify information provided by accounting ratios
D2. Calculate basic accounting ratios
- D2a / D1b. Profitability Ratios
- D2b / D1b. Liquidity Ratios
- D2b / D1b. Efficiency Ratios.
- D2c / D1b. Gearing Ratios
- D1/2. Recap Test