Free resources for accountancy students

1 Introduction

1.1 Introduction

2 Processing receipts and payments

2.1 Processing receipts and payments

2.2 The analysed cash book

2.3 Checking invoices to orders

2.4 Quotations and invoices

2.5 Recording debtors and creditors

2.6 Reconciliation of suppliers’ statements

2.7 Bank reconciliations

3 VAT calculations and returns

3.1 Introduction to VAT

3.2 Calculation of VAT

3.3 VAT record

3.4 Quarterly VAT returns

4 Preparation of financial accounts

4.1 Final adjustments

4.2 Preparation of the profit & loss account and balance sheet

5 Assessing profitability and liquidity

5.1 Gross profit, net profit and cash

5.2 Assessing profitability

5.3 Working capital and liquidity

5.4 Overtrading

6 Costing and pricing the product

6.1/2 Costs: production, selling administration, variable, fixed

6.3 Using costs for decision-making

6.4 Mark-ups and gross margins

6.5 Chargeable hours and total hours

7 The use of budgets in control

7.1 Actual results compared to budget

8 Investment appraisal

8.1 Investment appraisal

9 Preparing a business plan and cash flow forecast

9.1 Preparing a business plan and cash flow forecast