ACCA FA2 – Nasir Vohra_TSB

Instructor profile: Nasir Vohra

Mr. Nasir Vohra is currently a faculty member of an “RAET of ICAP” and “PLATINUM STATUS of ACCA” & “ICMAP” with more than 15 years of experience. He has been in teaching various Professional Accountancy & Academic Qualifications like CA, ACCA & CMA MBA & BBA. He spent his 15 years as a full time teacher and teaching the following subjects in different qualifications: Quantitative Techniques, Business Math & Statistics, Introduction to Accounting, Financial Accounting, Financial Reporting, and Cost & Management accounting. He has worked on various task including delivering lectures, mentoring students, conducting career counseling session, imparting training on newly inducted tutors, preparing MCQ Bank, writing technical articles on the complex areas where students / peers faced difficulties. At TSB, Nasir Vohra brings his broad experience in myriad subjects to teach his students Financial Accounting and cost accounting.

COURSE CURRICULUM

A- Generally accepted accounting principles and concepts

1. The key accounting principles and characteristics
2. Maintaining financial records
3. The regulatory framework

B- The principles and process of bookkeeping

1. The elements of financial statements
2. Books of prime entry and the flow of accounting information in the production of financial statements

C- The preparation of journals and ledger accounts

1. Preparation of journals from the books of prime entry
2. Preparation of ledger accounts

D- Recording transactions and events

1. Sales and purchases
2. Cash
3. Inventory
4. Tangible non-current assets and depreciation
5. Accruals and prepayments
6. Receivables, payables and provisions
7. Capital and finance costs

E- Preparing a trial balance and correcting errors

1. Trial balance
2. Correction of errors

F- Reconciliations

1. Control account reconciliations
2. Bank reconciliation

G- Extending the trial balance

1. Preparation of the extended trial balance
2. Preparation of the final accounts

H- Partnerships

1. Partnership agreement
2. Partnership accounting records
3. Partnership financial statements and change in partnership