Course Content
Syllabus, Recommended Books, Paper Pattern & Past Papers
0/6
Recommended Books for FFA
00:00
Past Papers
00:00
Syllabus
00:00
Paper Structure for FFA
00:00
PRC
00:00
All Lecture Document with Links of Lectures and Handouts
Introduction to Financial Accounting
0/1
What is Financial Accounting?
00:00
Basic Terms of Financial Accounting
0/1
Basic Terms of Financial Accounting
00:00
Accounting Equation
0/2
Accounting Equation
00:00
Accounting Equation
00:00
Rules of Debit & Credit and Analysis of Transaction
0/1
Rules of Debit and Credit
00:00
Journalizing , Ledger and Trial Balance
0/2
Journalizing & Ledger(Only Posting)
00:00
Ledger and Trial Balance
00:00
Financial Reporting & Adjusting Entries
0/5
Financial Reporting and Adjustment for Prepayments(Deferred Expenses)
00:00
Adjustments for Deferred Expense, Deferred Income and Accrued Expense
00:00
Kinds of Assets and Adjustment for Depreciation
00:00
Adjustment for Accrued Income
00:00
Practice File-Adjusting Entries
00:00
Accounting Cycle-Servicing Business
0/2
Adjustment for Bad Debts, Adjusting Entries, Adjusted Trial Balance , Income Statement and Closing Process of Servicing Business
00:00
Servicing Business-Closing Entries, Post-Closing Trial Balance, Balance Sheet, Opening Entry and Introduction of Trading Business
00:00
Acounting Cycle-Trading Business
0/4
Difference between Perpetual & Periodic Inventory Systems and Entries for Perpetual Inventory System
00:00
Complete Accounting Cycle for Trading Business-Perpetual Inventory System from Journal to Opening Entry
00:00
Differences between the entries of perpetual and periodic inventory systems and journal , ledger & trial balance of trading business under periodic inventory system
00:00
Trading Business-Periodic Inventory System-From Adjustments to Opening Entry
00:00
Practice for Financial Statements(Both Trading and Servicing Businesses)
In this, I have uploaded 2 videos in which I have taught how to prepare income statement, balance sheet and closing entries without making adjusted trial balance.Then I have uploaded some practice for you and I will update this list in the future too BECAUSE THE MOST IMPORTANT SECTION OF FFA IS ACCOUNTING CYCLE.
0/2
Financial Statements and Closing Entries for Servicing and Trading Business(Perpetual)
00:00
Financial Statements and Closing Entries for Trading Business-Periodic Inventory System
00:00
Inventory Valuation
0/6
Perpetual Inventory System-Specific Identification Method & FIFO
00:00
Perpetual Inventory System-LIFO & Average Method
00:00
Periodic Inventory System-FIFO, LIFO & Weighted Average Methods and Their Comparison
00:00
Comparative Income Statement and Effects of Overstatement or Understatement of Ending and Opening Inventories
00:00
IAS-2(Inventory)-Lower of Cost or NRV
00:00
IAS-2(Inventory)-Lower of Cost or NRV-Mark-up and Margin
00:00
Valuation of Accounts Receivable-BAD DEBTS
0/5
Valuation of Accounts Receivable-Explained and Balance Sheet Approach
00:00
Bad Debts-Balance Sheet Approach
00:00
Bad Debts-Balance Sheet and Income Statement Approaches
00:00
Does writing off accounts receivable change its realizable value?
00:00
Aging of Accounts Receivable
00:00
Control Account
0/1
Control Account-Sales Ledger and Purchase Ledger Account
00:00
Accounting for Tangible Non-Current Assets (Depreciation)
0/6
Tangible Non-Current Assets & Capital and Revenue Expenditures
00:00
Methods to Estimate Depreciation-Straight Line Method
00:00
Methods to Estimated Depreciation-Diminishing Balance Method and Sum of the Years’ Digits Method
00:00
Working Hours Method, Units Production Method & Disposal
00:00
Disposal of Non-Current Assets & Change in Estimate
00:00
How to Account for Extraordinary Repairs of Fixed Assets
00:00
Correction of Errors
0/4
Understanding Accounting Errors: One-Sided vs Two-Sided Errors, and Types of Errors
Two-Sided Accounting Errors: Definitions, Examples, and Rectification Methods
Mastering Suspense Accounts: Correcting One-Sided Errors with Practical Examples
Perfecting Error Correction in Accounting:Suspense Account ,Trial Balance Adjustments
Book of Prime Entry
0/4
Cash Book
00:00
Petty Cash Book
00:00
Sales Journal & Sales Return & Allowance Journal
Purchase Journal & Purchase Return & Allowance Journal
Bank Reconciliation Statement
0/2
Bank Reconciliation Statement: Cash Book, Bank Statement, and Discrepancies Explained
00:00
Bank Reconciliation Statement Step-by-Step Questions and Solutions with Entries
00:00
Accounting for Incomplete Records/Single Entry
0/5
Pure Single Entry-Introduction and Problems
Pure Single Entry-Problems & Solutions
Mixed Single Entry i.e. Incomplete Records with Cash Book 1
Mixed Single Entry i.e. Incomplete Records with Cash Book 2
Incomplete Records-Mary Grimes
Accounting For Non-Profit Organizations
0/2
“Non-Profit Organizations Accounting: Easy Explanation with Solved Examples”
Practice
Company Accounting-Issuance of Shares & Financial Statements
0/8
Introduction to Company Accounting: Key Concepts,Types of Company & Shares
Accounting for Issuance of Shares in Consideration of Cash-Market Value = Par Value
Accounting for Issuance of Shares: At Premium & Discount Explained
Balance Sheet Preparation: Share Issuance at Par, Premium & Discount
How to Record Issuance of Shares for Cash and Non-Current Assets-Part 1
How to Record Issuance Shares for Cash and Non-Current Assets -Part 2
Issuance of Shares in Consideration of Running Business & Preliminary Expense
Disposal of Income of the Company-Appropriations, Cash Dividend, Stock Dividend and Statement of Retained Earnings
Accounting for Sales Tax
0/1
Accounting for Sales Tax
Cash Flow Statement
0/4
Introduction and Direct Method Formulas
Cash Flow Statement Solved: Direct vs. Indirect Method Explained with Examples
Cash Flow Statement-Practice(Computations, Modern Equipment, Farooqui Ltd & CPA Company
Cash Flow Statement-Practice(Crescent, Shan, Farooqui & Farhan)
Analysis of Financial Statements
0/2
Introduction to Financial Statement Analysis-Change, Change% and Ratio Analysis
Practice-Solvency Ratios, Leverage Ratios, Profitability Ratios and Shareholders’ Ratios
Fundamentals of Financial Accounting
About Lesson

Video Link: https://youtu.be/AvNEa_N0N2k

“Struggling to understand Bank Reconciliation Statements? In this video, we break down the key concepts to simplify your learning! You’ll learn about the cash book, pass book, and bank statement, and understand how they connect with the bank reconciliation statement.

We’ll also explain the purpose of preparing a bank reconciliation statement and explore common discrepancies that cause differences between the balances in the cash book and bank statement. This video is perfect for accounting students, professionals, and anyone looking to master the basics of financial reconciliation.

📘 What’s covered in this video:

-What is a cash book, pass book, and bank statement?

-The purpose of preparing a bank reconciliation statement

-Common discrepancies explained with examples

💡 Make financial concepts easy to understand with this comprehensive guide!

🔥 Don’t forget to like, share, and subscribe for more valuable accounting tutorials.

#BankReconciliationStatement #AccountingBasics #CashBook #BankStatement #FinancialReconciliation #LearnAccounting”

Exercise Files
Bank Reconciliation-Only Theory.pdf
Size: 114.08 KB
Practice Handout no.1.pdf
Size: 249.04 KB
Previous
Next