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Current accounts updated taking account of appropriations of profit, drawings and interest on a partner’s loan.
For plcs to include the treatment of:
♦ incomes from investments
♦ corporation tax
♦ payment of dividends to ordinary and preference shareholders
Preparation of balance sheets in line with current accounting practice.
Financial statements and balance sheets for all business organisations
Financed by section of balance sheets to include:
♦ For partnerships:
- current and capital account balances for partnerships at end of financial year
♦ For plc
- capital and revenue reserves including ordinary and preference shares, share premium, revaluation reserves, retained profits
♦ contracts of employment:
— permanent
— fixed term
♦ the work environment
♦ methods of communicating organisational and legal requirements
♦ consequences of breaches of organisational and legislative procedures
the nature of information: primary, secondary, internal, external, quantitative, qualitative
♦ sources of information
♦ features of good information
♦ types of decisions and types of information required to support decisions
♦ the impact of ICT on workflow
♦ the impact of ICT on working practices
♦ advantages of data management systems to organisations (including electronic file management)
♦ consequences of poor data management
♦ importance of electronic file management
♦ importance of organisational procedures for security and confidentiality of information
♦ current legislation affecting:
— security and confidentiality of information
— computer misuse
Candidates should be able to outline legislation relating to the above categories.
S1 Accounting tutor, S2 Accounting tutor, Standard Grade Accounting tutor, National 4 Accounting tutor, National 5 Accounting tutor, Higher Accounting tutor or Advanced Higher Accounting tutor
We have the qualified teachers you need to achieve success.
Accounting tuition in Edinburgh, Accounting tuition in Glasgow, Accounting tuition in Dundee, Accounting tuition in Aberdeen…we have the qualified Accounting teachers you need to achieve success.
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