Bookkeeping (New) Form 4 Syllabus

Prepare basic financial statements
1. Prepare basic profit or loss statements
  1. Describe various forms of business arrangements (manufacturing firms; consignment arrangement; partnership and joint venture agreement and departmental stores)
  2. Prepare relevant accounts to determine profit or loss for different forms of business (manufacturing firms; partnership firms-admission and retirement of a partner; joint venture; consignments and departmental stores)
2. Prepare basic business financial position statements
  1. Prepare statements of financial position for different forms of business (manufacturing firms; partnership firms-admission and retirement of a partner, and departmental stores
3. Prepare basic Statements of Cash flows
  1. Describe types of Cash Flows
  2. Prepare a basic Statements of Cash flows
4. Prepare basic financial statements for audit
  1. Prepare a basic set of financial statements for financial audit (Income Statement, Statement of Financial Position, Cash Flows and Notes to Financial Statements)
Demonstrate mastery of the use of ICT in Book- keeping
1. Use basic accounting packages
  1. Record business transactions by using basic accounting packages
  2. Analyse simple financial data by using accounting packages
  3. Apply basic accounting packages to produce financial statements