THE ACCOUNTING HANDBOOK & STUDY GUIDE

The Accounting Handbook and Study Guide is a comprehensive Accounting reference book and set of notes that covers everything in School Accounting from Grades 8 to 12 and beyond. Practical and user-friendly. Simple, visual and logical. Colour-coded for easy understanding, recall and application. The book covers an overview of Grade 8 & 9 EMS CAPS Curriculum. Useful for first-year university students who have not studied Accounting at school. This book will provide a ready-made, user-friendly scheme of work. It is not meant to be used in isolation, but rather in conjunction with regular lessons and grade- appropriate textbooks. The fundamentals of Accounting do not change as students progress through the High School curriculum, and they will be able to use this book as a constant source of reference. You will therefore be able to focus on teaching using practical examples, without having to stop for extensive revision, note-taking or lengthy explanations each time. TABLE OF CONTENTS INTRODUCTION, FINANCIAL ACCOUNTING: Basic Concepts of Financial Accounting, The Accounting Cycle, Source Documents, Journals, Ledgers, Trial Balance, Financial Statements and Notes, Analysis and Interpretation of Financial Statements, Year-End Procedures, Reconciliations, GAAP and IFRS, Inventory, Fixed Assets, VAT, Partnerships, Non-Profit Companies, Closed Corporations, Companies, Analysis of Published Financial Statements. MANAGERIAL ACCOUNTING: Ethics, Internal Control, Budgeting, Cost Accounting. GLOSSARY of Accounting Terms.