Basic Accounting (BA)
Basic Accounting (BA)
Full Marks: 100
Module A: Introduction
- Accounting, Functions of Accounting, Purpose of Accounting, Nature of Accounting
- Uses and Users of Accounting, Accounting Principles, Basic Concepts of Accounting (Recording Stage)
- Accounting Standards and Regulations, Forms of Business Organizations and Accounting
- Accounting Systems, Assets, Liabilities, and Owners' Equity
- Accounting: An Integral Part of Business, Relationship of Accounting with Other Subjects
- Difference Between Book-Keeping and Accounting, Methods of Accounting
- Evolution of Accounting, Branches of Accounting, Challenges Faced by the Accounting Profession Today
- Role of Ethics in Accounting, Synonyms for Accounting Terminologies
- Limitations of Accounting, Concept Check Questions
Module B: Processing and Recording of Accounting Information
- Transaction, Difference between events and economic events/transactions in accounting
- Systems of book-keeping, Purpose of Double Entry System of Book-keeping
- Account, Classification of accounts in accounting
- Golden Rules of Debit and Credit for different Types of Transactions
- Steps in the Recording Process, Analysis of Transactions, Recording of Transaction
- Journal, Types of Journal in Accounting, Forms of Journals
- Ledger, Forms of Ledger Accounts, Importance of Ledger, Posting to the ledger
- Trial Balance, Steps involved in preparing a Trial Balance, Advantages and Limitations of a Trial Balance
- Errors in accounting that can be detected in the trial balance, Practical Problems: Transaction Analysis, Journal, Ledger and Trial Balance
- Accounting for Fixed Assets, Depreciation Methods for Plant Assets
- Accrual versus Cash-Basis Accounting, Adjusting Entries
Module C: Analysis of Financial Statements
- Financial Statement Analysis, Tools for Financial Statement Analysis
- Classification of Ratios, Fundamental Ratios, Analysis of Different Ratios
- Illustrations, Practical Problems, Short Questions
Module D: Financial Statements
- Objectives of Financial Statements, Components of Financial Statements
- Balance Sheet: Example of Trading, Manufacturing, and Service Firms
- Income Statement Structure for Trading, Manufacturing, and Service Firms
- Statement of Cash Flows: Purpose, Objectives, Importance
- Sections of Cash Flow Statement, Sources of Data for Cash Flow Statement
- Cash Flow from Operating Activities: Direct and Indirect Method
- Interpretation of the Statement of Cash Flows
- Real Financial Statements of Manufacturing and Service Firms
- Practical Problems, Short Questions
Module E: Financial Statements of Banks in Bangladesh
- Types of Financial Statements for Banks, Key Components of Bank Financial Statements
- Regulatory Framework for Bank Financial Statements
- Financial Statements of Shariah-based Banks in Bangladesh
- Key Differences Between Conventional and Shariah-based Banking Products
- Actual Financial Statements of Conventional and Shariah-based Banks
- Regulatory Framework for Shariah-based Banks
- Short Questions
Module F: Other Forms of Business Organizations
- Sole Proprietorship Businesses: Characteristics, Tax Implications, Financial Reporting
- Partnership Firms: Characteristics, Accounting Concepts, Financial Reporting
- Corporations: Private and Public Limited Corporations, Financial Reporting
- Joint Venture: Characteristics, Accounting Concepts, Taxation Issues
- Hindu Undivided Family (HUF): Characteristics, Accounting Concepts, Financial Reporting
- Compliance Issues for Sole Proprietorship, Partnership, Corporations, and HUF
- Lender’s Perspectives, Taxation, and Compliance from Lenders’ View
- Short Questions