Thursday 10 November 2011

Bookkeeping and Finance (Bookkeeping)



Accounting and Finance
(BOOKKEEPING)
BOOK TITLE: Finance & Accounting 2nd Eddition - R Giles (ICM) - Chapters 1-4, 5-16, 21, 22-25 and 40.






THE TOPICS YOU HAVE TO COVER

Introduction:

What is Accounting?
Business organisations and sources of finance
Financial statements: P&L and the Balance Sheet
The role of the Accountant and the Accounts Office


The Accounting Model:

Recording Financial Transactions: the Ledger System and Trial Balance
The Running Balance method of recording
The Purchase Day Book and the Returns Day Book
VAT
Banking Services
Cash Book / Bank Reconciliation Statements / Petty Cash Books
Capital and Revenue Expenditure
The trial balance, journal and suspense accounts


Management Control

Control Accounts
Sales and Purchase ledgers

Business Management and Administration

Business Management and Administration
Book Title: Business Management & Administration - G Whitehead & G Whitehall (Institute of Commercial Management)














THE TOPICS YOU HAVE TO COVER


Business management and Administration
Click on the topic you would like to cover to see my NOTES

Chapter 1: The Management Framework to business administration
Rest of the chapters coming soon…once I have covered it… I will be posting  every week minimum 3 chapters.. (mynotes)

Cost Accounting (Cost & Management Accounting)



Cost Accounting 
(Cost & Management Accounting)
Book Title: Costing - T Lucey (Continuum)







THE TOPICS YOU HAVE TO COVER


Introduction & Materials:

What is Costing?
Framework
Classification & Coding
Purchasing, Reception & Storage
Stock Recording & Inventory Control
Pricing Issues & Stock


Labour & Overheads:

Remuneration Methods
Recording, Costing & Allied Procedures
Overheads
Cost Accounts


Costing Methods:

Introduction
Job & Batch
Contract
Operation & Service
Process
Joint & By-Product


Planning, Control & Decision Making:

Cost Behaviour
Marginal & Absorption Costing
Short Run Decision Making
B E Analysis
Capital Investment Appraisal


Budgets & Standards:

Budgets
Introduction to Standards
Material, Labour & Overhead Variances
Sales & Standard Marginal Costs Variances
Activity-Based Costing

Computer Appreciation and Applications



Computer 
Appreciation and Applications 
Book Title: Computer Science – C S French, 5th Edition (Continuum)






THE TOPICS YOU HAVE TO COVER

Syllabus
Hardware and data:

Clear Distinction Between Data and Program, Data and Options/Parameters, Programmer and User
General Configuration of a Computer and Components of the CPU (ALU, memory, control)
Directions of Data Flow
Types of Memory (ROM, RAM, cache, video)
Features of a Modern PC
Input Devices - General Survey with Emphasis on Use Rather than How the Device Works - OCR, OMR, MICR Devices, Bar Code Reader, Types of Keyboards, Optical Scanner, Digitiser, Voice Input Device, ATM, Touch Screen, Mouse
Distinction between Uses of Keyboard and Mouse
Output Devices - Range of Current Printer Types (laser, dot matrix, ink jet etc.) - Relative Speeds/Costs/Quality VDU, Plotters, Microfilm
For a Given Application, Select the Most Appropriate Input/Output Devices or Method of Data Capture
Data Validation - Definition and Purpose
Identify Validation Possible with Particular Data
Check Digits
Data Types - Integer, Decimal, Text/Character, Logical, Date, Currency etc.
The Need to Define Data by Type


Business Applications:

Accounts
The Component Parts of an Accounts Package
Typical Input and Output Documents
Stock Control
Its Purpose
Typical Input and Output Data
Contents of the Stock File
Sales
Concept of Customer, Sales Orders, Purchase Orders and Supplier Files (and stock file)
Contents of these Files
Concept of Cross-referencing (customer number linking sales order with customer file)
General Appreciation of Who Would Supply Input Data and Use Output Data and Why (e.g. stores clerk would use a re-order list to place orders with suppliers for restocking)


Files and File Access:

Magnetic and Optical Storage Devices and Media
Their Limitations
Definitions of File, Record and Field
Examples Taken From Particular Situations
File Organisation Defined as Organisation of Records on a File
Consideration of Serial, Sequential and Indexed Sequential Organisation
The Stages of Accessing a Particular Record from Serial, Sequential or Indexed Sequential Files
Contents of a Particular File - Fields, Data Types, Sizes, Purpose of Being on the File
Concept of Master and Transaction File
System Diagram for a General Update of a Master File Using a Transaction File
Security of Data Files
Backups, Environmental Conditions, Restricted Access, Administrative Controls
Distinction Between Different Types of Files - Program, Data, Text, Parameter Files


Software:

The Role of the Operating System in Controlling the Computer
Basic Features of an Operating System (command or GUI)
Distinction between General Purpose Software (e.g. database) and Special Purpose Software (e.g. payroll)
Examples of Special Purpose Packages
Word Processing
Options Available
How to Use Them (in general terms)
Margins, Fonts, Special Effects (underline/centre/bold etc.), Spell Check, Grammar Check
Standard Phrases
Inclusion of Graphics
Databases
How to Create a New File, Add Records, Edit Records, Delete Records, Selective Search by Particular Criteria, Rearrange Data, Produce Reports
Spreadsheets
Formatting a Model (decimal places, alignment, extra rows/columns etc.)
Adding Simple Formulae
Simple Functions such as Sum/Average
Replicating a Formula
Absolute and Relative Addresses
Graphics
Features Available in Graphics/Drawing/CAD Package
Standard Shapes
Moving, Enlarging, Rotating, Stretching, Colouring, Hatching, Dimensioning, Layering


Systems and Programming:

Brief Review of System Life Cycle
Methods of Fact Finding
An Overview of the Role of the Analyst - to Investigate, Design and Supervise Installation of a New System
An Overview of the Role of the Programmer - to Convert a Systems Specification into a Program by Devising a Logical Structure, Coding into a Language, Testing and Documenting
Distinction between Development Programmer and Maintenance Programmer
Distinction between High and Low Level Languages
Brief Survey of Common High Level Languages and Typical Uses

People, Computers and Society:

Brief Overview of Tasks Performed by Computing Personnel - Data Processing Manager, Systems Analyst, Programmer, Ancillary Staff/Data Input Clerks
Social Effects of Computers - Changes in Lifestyle, Changes at Work, Need for Training, Crime and Crime Prevention, Data Protection Acts Treated in Outline


Communications:

Spread of Networks - Reasons and Advantages
Data Transmission
Differences Between LAN and WAN
Electronic Mail Using a Provider’s Central System
Outline of Internet Features

Business Law (introduction to Business Law)



Business LAW 
(Introduction to business Law)
Book Title: Business Law - Keenan & Riches (7th Edition), Longman






THE TOPICS YOU HAVE TO COVER

Contracts

Formation of Contract:

What is a Contract?
The Intention to Create Legal Relations
Offer
Termination of an Offer
Acceptance
Agreement without Offer & Acceptance
The Nature of Consideration
Executory, Executed & Past Consideration
Sufficiency of Consideration
Privity of Contract


Terms of Contract:

The Terms of Contract
Incomplete Contracts Conditions & Warranties
Oral Evidence Relating to Contracts in Writing
Representations & Contract Terms
Implied Terms
The Required Form of Contracts
Exclusion Clauses
The Unfair Contract Terms Act 1977
The Unfair Terms in Consumer Contracts Regulations 1994


Vitiating Factors:

Contractual Capacity
Mistake
Misrepresentation
Duress
Undue Influence
Void & Illegal Contracts


Discharge of Contract:

How a Contract Comes to an End
Performance
Agreement
Breach of Contract
Frustration
Remedies Available for Breach of Contract
Damages
Action for the Price
Equitable Remedies
Limitation to Actions for Breach
Quasi-Contract


Agency:

The Creation of Agency
The Duties of an Agent
The Rights of an Agent
The Authority of an Agent
Liability of the Parties
Agents Acting for Undisclosed Principals
Termination of Agency
Special Types of Agent


Sale of Goods
Definition of a Contract for the ‘Sale of Goods’:

Types of Goods
The Price
Terms Implied by the Sale of Goods Act 1979 & Changes made by the Sales & Supply of Goods Act 1994 (S.14)
Time of Performance
Seller’s Title
Description of the Goods
Sale by Sample
Satisfactory Quality & Fitness for Purpose
Passing of Property & Risk
Nemo Dat Quod Non Habet
Delivery
Acceptance & Rejection
Remedies of the Parties, Romalpa Clauses
The Supply of Goods & Services Act 1982


Consumer Credit and Protection
PART D
Consumer Credit:

Forms of Consumer Credit
What is a Regulated Agreement?
The Classification of Regulated Agreements
The Protection of Debtors
Lenders Liability
Termination of Credit Agreements
Extortionate Credit Bargains
Consumer Credit Licensing, Advertising & Canvassing
Credit Cards


Consumer Protection:

Consumer Protection
Trade Descriptions
Consumer Safety
Product Liability


Tort and Negligence Tort:

Tort & Other Wrongs
Wrong & Damage Distinguished
Remoteness of Damage
Vicarious Liability
Strict Liability
Defences to an Action in Tort
Contributory Negligence
Remedies in Tort
Conversion
Nuisance
Defamation
Definition
Libel and slander
Action and defences


Negligence:

Negligence
Duty of Care
Breach of Duty of Care
Res Ipsa Loquitur
Consequential Harm
Negligent Mis-statement
Company Law


The Nature of a Company:

The Company as a Legal Entity
The Veil of Incorporation
Companies & Partnerships
A Company’s Liability in Tort & Crime
Public & Private Companies
Holding & Subsidiary Companies


Formation of a Company:

Promoters & Pre-Incorporation Contracts
Registration Procedures
Commencement of Business
Company Contracts


Memorandum & Articles:

Purpose & Contents of the Memorandum
The Company Name
Registered Office
Objects
Articles of Association
Alteration of the Articles
The Memorandum & Articles as Contracts
Meetings:
Types of Meeting
Convening a Meeting
Proxies
Types of Resolution
The Assent Principle


Liquidations & Other Insolvency Procedures:

Methods of Dissolution
Liquidations
Compulsory Liquidation
Voluntary Liquidation
Liquidation Committee
Contributories
Powers of Liquidators
Duties of Liquidators
Alternatives to Liquidation
Administration Orders
Voluntary Arrangements


Directors:

Appointment
Shareholdings
Termination of office
Disqualification
Powers and dealings


Partnerships:

Definition

Accounting II (Accounting in Decision Making)



Accounting II 
(accounting in decision making)
Book Title: Frank Wood’s Business Accounting 1 - Wood & Sangster (Pitman)











THE TOPICS YOU HAVE TO COVER

Financial Resources & Business Planning:

Financial Resources
The Role of the Accountant


The Construction of Financial Statements:

Calculating Profits
Adjustments
Capital Transactions
Partnership Accounts
Company Accounts
Cash Flow Statements
Accounts of Clubs & Societies


The Provision of Financial Information:

Accounting Ratios and Preparing Reports / SSAPs & FRSs


Planning & Decision Making Accounting for Costs:

Manufacturing Accounts


Further Accounting Issues:

Control Accounts
The Trial Balance, Journal & Suspense Accounts
Incomplete Records
The Extended Trial Balance

Economics For Business



Economics For Business
BOOK TITLE:
Economics: A background text – B Forster and G Whitehead (ICM)
Student Handbook for Economics: A background text – B Forster and G Whitehead (ICM)








THE TOPICS YOU HAVE TO COVER

The Nature & Scope of Economics:

The Nature & Scope of Economics
The Development of Economic Society
The Economic Problem: Scarcity Choice and Opportunity Cost
Alternative Economic Systems


Production:

The Economic Background to Production
Specialisation and the Division of Labour
Business Organisations
Factors of Production
The Scale of Production and Economies of Scale
The Location of Production


The Theory of Price Determination:

Demand
Supply
Price Determination
Concept of Elasticity
Applications of the Demand and Supply Model


Market Structures:

Competitive Markets – the Institutions where Price is Decided
Monopoly
Oligopoly
Imperfect Competition (Monopolistic Competition)
Public Policy Towards Competition


Factor Markets and Rewards to Factors

Rewards to Factors:

Distribution Theory
Land & Rent
Labour & Wages
Capital & Interest
Entrepreneurship & Profit
Economic Rent


Market Failure:

Market Imperfections
Externalities
Public Goods and Merit Goods
Imperfect Information
Dealing with Market Failure
Money & Banking:

Functions of Money
Financial Institutions
Central Banking


Macroeconomics:

Basic National Income Accounting
Use of National Income Statistics
Economic Policy
Circular Flow Analysis
Consumption, Savings and Investment
National Income Equilibrium
Multiplier and Accelerator


Unemployment & Inflation:

Types of Unemployment
Costs of Unemployment
Causes of Inflation
Costs of Inflation


Economic Policy Instruments:

Taxation, Government Spending and Budgets
Fiscal Policies
Money and Monetary Policy
Supply Side Measures and Privatisation
International Trade:

Absolute & Comparative Advantage
The Principle of Free Trade
Protection – Types and Causes
Free Trade, Customs Unions and Single Markets
The European Union and Other Free Trade Areas
GATT and WTO
Balance of Trade and Payments
Dealing with Balance of Payments Problems


Globalisation and International Monetary Issues:

Exchange Rate Determination
Fixed and Floating Exchange Rate Systems
Trade and Economic Development
Transnational Enterprises
Globalisation