l   Theory and practice of accounting

ü   Accounting treatments for capital, assets and liabilities especially for depreciation, stocks, tax, etc.

ü   The principles, concepts and conventions for the preparation of financial statements

ü   Vertical and horizontal presentation of final accounts

ü   Understanding of published accounts

ü   Auditor report

ü   Implications of the notes to accounts

ü   Change of fiscal year ended date

ü   Exceptional items, extraordinary items

ü   Post balance sheet events

l   Interpretation of Accounts

ü   The above will exclude the requirements for group accounts

ü   Ratio Analysis

ü   Fund Flow Statement

ü   Cash Flow Statement

ü   Financial projections

l   Cost Accounting

ü   Basic cost concepts: Fixed and variable costs

ü   Standard costing and Marginal costing

ü   Breakeven point and analysis

l   Investment Appraisal

ü   Net Present Value, Internal rate of return, payback period