Quoted and unquoted Companies
define quoted and unquoted companies.
distinguish between quoted and unquoted companies.
State the features of each type.
Private and Public Companies
define Private and Public companies.
distinguish between private and public companies.
State the features of each type
Formation of a Company
state the requirement of companies and allied matters, Acts 1990 as regards formation of company
Explain terms relevant to the formation of a company
Single Entry (incomplete Records)
Explain single entry (incomplete records)
Identify the limitations of single entry or in complete records.
Convert single entry to double entry.
Prepare statement of affairs.
Determine capital and profit.
Single Entry (incomplete Records)
Explain single entry (incomplete records)
Identify the limitations of single entry or in complete records.
Convert single entry to double entry.
Prepare statement of affairs.
Determine capital and profit.
Admission of a new partner and Goodwill Account.
Determine a new profit sharing ratio.
Raise goodwill account in the partners book.
Prepare a new partnership account.
Admission of a new partner and Goodwill Account.
Determine a new profit sharing ratio.
Raise goodwill account in the partners book.
Prepare a new partnership account.
Admission of a new partner and Goodwill Account.
Determine a new profit sharing ratio.
Raise goodwill account in the partners book.
Prepare a new partnership account.
Partnership Capital Account
define partnership
prepare capital account
identify capital account
identify different types of capital.
Manufacturing Account (I)
Explain the following
* Prime cost
* Direct/indirect labour
* overhead (works, indirect expenses)
* work in Progress.
* Cost of Production.
Identify the items that make up the manufacturing account to trading accounts.
Prepare manufacturing accounts
Relates manufacturing account to trading account.
Prepare a balance sheet.
Reducing balance or written down value method
Identifying reducing balance method in depreciation items.
Calculating and post provision for depreciation to final accounts.
Straight line method
Various causes of depreciation.
Straight-line methods items.
Calculating and post provision for depreciation to final accounts.
Straight line method
Various causes of depreciation.
Straight-line methods items.
Calculating and post provision for depreciation to final accounts.
Types of Financial Institutions and their functions
Define Money and Capital markets;.
Identify the types and functions of the institutions.
Explain the types and features of securities.
Explain the process of and requirements for accessing the capital market.
List the benefits of the capital market.
Demonstrate the understanding of the meaning, transaction and trading methods in the secondary market.
Types of Financial Institutions and their functions
Define Money and Capital markets;.
Identify the types and functions of the institutions.
Explain the types and features of securities.
Explain the process of and requirements for accessing the capital market.
List the benefits of the capital market.
Demonstrate the understanding of the meaning, transaction and trading methods in the secondary market.
Elements of National Income Accounting
Explain the meaning of different national income components.
Discuss different ways of measuring national income components.
Explain the short comings of currently used national income concepts;
Elements of National Income Accounting
Explain the meaning of different national income components.
Discuss different ways of measuring national income components.
Explain the short comings of currently used national income concepts;
Balanced and Unbalanced budget
Explain the concepts of budget deficits budget surplus, balanced budget and the component of national debt.
Explain the concept of and criteria for revenue allocation (including resource control) in Nigeria and associated problems.
Balanced and Unbalanced budget
Explain the concepts of budget deficits budget surplus, balanced budget and the component of national debt.
Explain the concept of and criteria for revenue allocation (including resource control) in Nigeria and associated problems.
Elementary treatment of fiscal policy
Explain the concept of total, average and marginal utility.
Discuss the principles of utility maximization and diminishing marginal utility.
Explain why the curve is downward sloping