Accounting

We do more than revise key theory and solve past exam questions.

Each session also includes:

  • finer points of exam preparation
  • how to decode unusual exam questions
  • how to answer questions to the marker’s requirements for maximum marks.

To revise the whole Accounting course, you should attend all the seminars listed below. However, this is not compulsory and you may choose any combination of sessions.

Teacher in charge / Hamish Redden
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Session A

Financial accounting 1

  • Accounting concepts
  • Accounting equation
  • Cash and accrual accounting
  • Income statement and balance sheet

Exam focus: Practical and theory questions on income statements and balance sheets

Please note: sessions will run as scheduled on the October 1 public holiday

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$70.00 per session
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Session B

Financial accounting 2

  • Double entry process/ledger accounts
  • Accumulated depreciation
  • Balance day adjustments

Exam focus: Balance day adjustments

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$70.00 per session
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Session C

Financial accounting 3

  • Bad debts and doubtful debts
  • Allowance for doubtful debts
  • Statement of cash flows

Exam focus: Statement of cash flows

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$70.00 per session
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Session D

Management accounting 1

  • Analysis and interpretation of financial statements
  • Uses made of accounting reports
  • Limitations of information in accounting reports
  • Reports for different accounting entities
  • Report writing
  • Budgeted income statements and balance sheets

Exam focus: Report writing

You’ve already got another session at that time.
$70.00 per session
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Session E

Management accounting 2

  • Calculation of break-even point
  • Cash budgets

Control of current assets:

Stock

  • Perpetual inventory records
  • Calculation of inventory turnover ratio and analysis of results

Debtors

  • Debtor’s ledger, control account, schedule of debtors
  • Credit control procedures
  • Calculation of debtor’s turnover ratio and analysis of reults

Exam focus: Practical and theory questions about cash budgets and stock control.

You’ve already got another session at that time.
$70.00 per session
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Session F

Management accounting and exam preparation

  • Control of current assets:
    • Cash
      • Recording of receipts and payments
      • Columnar receipts and payments cash book
      • Bank reconciliation statement
      • Improvement and control of cash flow of a business
  • Control of non-current assets – use of an asset register or schedule
  • Control of liabilities – sources of funds, costs, benefits and risks
  • Measurement and interpretation of level of debt or equity
  • Use of technology in the control of assets and liabilities.

Exam focus: Exam strategies, techniques and preparation.

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$70.00 per session
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