Principles of Accounting - AI Tutor

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Accounting Concepts (Form 3)
Concepts such as matching, prudence, going concern, consistency, and historical cost.
Accounting Ratios (Form 4)
Covers profitability and liquidity ratios including margin, mark-up, and current ratio.
Bank Reconciliation (Forms 2–3)
Covers preparation of bank reconciliation statements and causes of differences between cashbook a...
Business Ethics (Forms 1–4)
Includes professionalism, confidentiality, objectivity, and integrity in accounting practice.
Capital and Revenue Expenditure (Forms 2–3)
Definitions, differences, and accounting treatment of capital vs revenue expenditures.
Company Accounts (Form 4)
Covers company structure, share capital, dividends, reserves, and changes in equity statements.
Control Accounts (Form 3)
Preparation of control accounts, purpose, and source documents.
Data Processing Methods (Forms 1–4)
Covers manual and electronic methods used in bookkeeping and accounting.
Departmental Accounts (Form 3)
Preparation of departmental trading and profit/loss accounts, and apportionment of expenses.
End of Year Adjustments (Forms 2–4)
Adjustments for accruals, prepayments, depreciation, provisions for doubtful debts, and closing e...
End of Year Financial Statements (Forms 2–4)
Preparation and interpretation of income statements and statements of financial position.
Introduction to Principles of Accounting (Forms 1–4)
Covers basic terms, types of businesses and organisations, importance of accounting, and users of...
Manufacturing Accounts (Form 4)
Preparation of manufacturing accounts including costs, prime costs, and statements.
Not-for-Profit Making Organisations (Forms 2–4)
Covers income and expenditure accounts, receipts and payments, and accumulated funds.
Partnership Accounts (Form 4)
Formation, advantages, appropriation accounts, capital/current accounts, and financial statements.
Single Entry and Incomplete Records (Form 4)
Determining missing figures and preparing financial statements from limited records.
Source Documents (Forms 1–2)
Explains documents such as receipts, cheques, invoices, debit and credit notes, and their signifi...
Subsidiary Books (Forms 1–3)
Introduces journals and books of original entry including cash book, sales/purchases journals, an...
The Accounting Cycle (Forms 1–4)
Stages from transaction recording to financial statement preparation using source documents, subs...
The Ledger (Forms 1–3)
Focuses on classification, posting, balancing, types of ledgers, and use of folio numbers.
Trial Balance and Errors (Forms 2–4)
Preparation of trial balances, identification of errors, use of suspense accounts, and error impa...