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How much time required to prepare for Accounting, if one has no prior experience How much time required to prepare for Accounting, if one has no prior experience

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  #21  
Old Thursday, January 07, 2016
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An these are just for 50 marks accounting portion(part b cost obviously not included yet)

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  #22  
Old Thursday, January 07, 2016
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Quote:
Originally Posted by zaaraqutab View Post
I have accounting background a bit but b.com level doesnt seem sufficiant for conceptual questions
Im studing megis an meigs right now along with sohail afzaal for numericals
Topics i have selected for accounting right now are as follows
FA
Ratios
Partnership
BRS
Depriciation
These are for numericals
For theory im studing from all most every topic.
Problm arises like i.e Q 2 from 2009 if im not wrong
Not getting what examiner is asking in that question
Similarly with other pprs problm is same
Please also add if any topic for numerical is omitted from above mentioned.
Thanks

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That perticular question can be solved if you have mastered ratios. Those blanks can only be filled if you know the ratio topic..Topics that i will cover for Paper 1 (Part 1)

1. Final Accounts
2. Provision for Bad Debts
3. Accounts of non- trading concerns
4. Depreciation
5.Adjusting, closing, reverse entries to supplement the above topics
6.Woksheet
7. Merchandizing transactions
8. Ratios
9. Partnership
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  #23  
Old Thursday, January 07, 2016
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One more question plz

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  #24  
Old Thursday, January 07, 2016
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Quote:
Originally Posted by zaaraqutab View Post
An these are just for 50 marks accounting portion(part b cost obviously not included yet)

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for cost accounting you have to prepare
1.Cost of goods manufactured and Cost of Goods sold statement
2. variance analysis (Standard costing: Material, Labour, and Overheads)
3.Process costing (Cost of production report),
4. inventory valuation methods,
5. EOQ.
6. For theory cover different types of costs, and difference between financial accounting and cost accounting.
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  #25  
Old Thursday, January 07, 2016
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Q no 2 paper 2012

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  #26  
Old Thursday, January 07, 2016
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Please guide me regarding this question

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  #27  
Old Thursday, January 07, 2016
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Is it a trial balance given in statement form
How to prepare trial balance from it?

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  #28  
Old Thursday, January 07, 2016
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Originally Posted by zaaraqutab View Post
Q no 2 paper 2012

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i don't have this question paper with me..kindly quote the question or share rough scheme
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  #29  
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  #30  
Old Thursday, January 07, 2016
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It also requires a balance sheet and owners equity

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