FIRST TERM SS 3 FINANCIAL ACCOUNTING FINANCIAL ACCOUNTING SCHEME OF WORK WEEK Revision of last term’s work Regulation of the Capital Market: Regulation of the Capital market (meaning, reasons for regulation) Types of regulation – Statutory regulation; (i) The Law ISA No.45, 1999 (ii) Securities and Exchange Commission (the
WEEK FOUR (5) DATE:………………… TOPIC: GOVERNMENT ACCOUNTING CONTENTS: Public Sector Accounting: Public sector accounting Sources of government revenue Capital expenditures. Recurrent expenditure. Head and sub-heads Capital and revenue account. SUB-TOPIC 1: PUBLIC SECTOR ACCOUNTING: Public sector can be defined as the government sector whose affairs or services are made
WEEK 4 DATE______________ TOPIC: CONTRACT ACCOUNTS CONTENTS: Definition of contract account Reasons for contract account Types of construction contract Methods of recognizing revenue under contract account Preparation of contract accounts SUB-TOPIC 1: Meaning of contract account This is a system of
FIRST TERM SS 3 FINANCIAL ACCOUNTING Week 3 Date——————— TOPIC: Hire purchases and Installment payment accounts: (i) Hire purchase and Installment payment Accounts: -The system, Preparation of Accounts in the (a) seller’s ledger and hirer’s ledger. (b) Goods account (c) Hire purchase Account and interest Account. CONTENT: (i) Hire purchase and
FINANCIAL ACCOUNTING SS 3 FIRST TERM WEEK 2 DATE______________ TOPIC: REGULATION OF THE CAPITAL MARKET CONTENTS: Meaning of capital market Reasons for capital market regulation Types of regulation Stock Exchange Market SUB-TOPIC 1: Capital Market A capital market is a market for securities (debt or equity), where business enterprises and governments can raise long –term
