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Financial Accounting
This course is ideal for KASNEB students preparing for the CPA exams, particularly those taking the Financial Accounting paper. It ...
is also suitable for anyone seeking a thorough understanding of financial accounting principles and practices.
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Instructor
Muhura
Category
- Description
- Curriculum
- Reviews
Course Overview:
This comprehensive course is designed specifically for KASNEB students aiming to master the fundamentals of Financial Accounting. Covering key concepts and practical applications, this course will equip you with the knowledge and skills necessary to excel in your Financial Accounting exams and lay a solid foundation for your professional career in accounting and finance.
Course Objectives:
By the end of this course, you will be able to:
- Understand and apply the basic principles and concepts of Financial Accounting.
- Prepare and interpret financial statements, including the balance sheet, income statement, and cash flow statement.
- Analyze and record financial transactions using double-entry bookkeeping.
- Comprehend the accounting cycle and the process of closing the books.
- Implement effective internal controls and understand the importance of ethical accounting practices.
- Use accounting software and tools for financial analysis and reporting.
Target Audience:
This course is ideal for KASNEB students preparing for the CPA exams, particularly those taking the Financial Accounting paper. It is also suitable for anyone seeking a thorough understanding of financial accounting principles and practices.
Introduction to Financial Accounting
The Accounting Process and Systems
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6The Source documents such as receipts and invoicesVideo lesson
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7The Books of Prime entryVideo lesson
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8journals20
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9The cashbookVideo lesson
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10The Petty cash bookVideo lesson
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11The concept of double entryVideo lesson
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12The LedgerVideo lesson
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13The Trial BalanceVideo lesson
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14The Financial StatementsText lesson
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15The statement of Financial PositionVideo lesson
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16Income StatementVideo lesson
Regulations and principles guiding the accounting profession
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17The legal sources of regulationVideo lesson
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18The professional sources of regulation (Local)Video lesson
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19The professional sources of regulation (International bodies)Video lesson
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20Accounting StandardsVideo lesson
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21Common accounting principlesVideo lesson
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22Qualities of useful financial informationVideo lesson
Accounting for Assets and Liabilities
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23Property, Plant and EquipmentVideo lesson
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24Intangible AssetsVideo lesson
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25Financial AssetsVideo lesson
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26Financial LiabilitiesVideo lesson
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27Cash in hand and cash at bankVideo lesson
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28Bank reconciliation statementsVideo lesson
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29Trade ReceivablesVideo lesson
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30Trade payablesVideo lesson
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31Accrued Incomes/ExpensesVideo lesson
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32Prepaid Incomes/ExpensesVideo lesson
Financial Statements of a sole trader
Financial Statements of a partnership
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38The partnership deed/agreementVideo lesson
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39The statement of Profit or Loss and appropriationVideo lesson
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40Partners' capital and current accountsVideo lesson
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41The statement of financial positionVideo lesson
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42change in profit/loss sharing ratioVideo lesson
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43Admission/retirement of a partnerVideo lesson
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44Dissolution of a partnershipVideo lesson
Financial Statements of a company
Financial Statements of a manufacturing entity
Statements of a not-for-profit entity
Correction of errors and incomplete records
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56Types and causes of errorsVideo lesson
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57Correcting errors in source documentsVideo lesson
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58Correcting the books of prime entryVideo lesson
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59Correcting the ledger and the trial balanceVideo lesson
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60Correcting financial statementsVideo lesson
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61Reasons for incomplete informationVideo lesson
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62Preparation of financial statements from incomplete informationVideo lesson
Analyzing Financial Statements
Accounting in the Public Sector
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Course details
Duration
3 Months
Lectures
69
Video
36 Hours
Level
Foundation
4 Months
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Working hours
Monday | 9:30 am - 6.00 pm |
Tuesday | 9:30 am - 6.00 pm |
Wednesday | 9:30 am - 6.00 pm |
Thursday | 9:30 am - 6.00 pm |
Friday | 9:30 am - 5.00 pm |
Saturday | Closed |
Sunday | Closed |