Jama Accounting Tutorial
Hi future accountants!!!
Sorry for telling the truth because you are not aware of what things you must understand in accounting. The following are the things you must make sure of in order to pass accounting with flying colours:-
1. You must understand the accounting theory including GAAP and IFRS.
2. Understand basics of accounting.
3. Formats and formulas
4. Calculations.
The following is the accounting scope for paper one:-
1. Corporate governance and auditing
2. Interpretations (financial indicators)
3. Cash Flow Statement
4. Notes for Financial statements (Ordinary share capital, Retained income, fixed assets, dividends paid and taxation paid).
NB: I didn't specify between balance and income statement because I'm not sure if which one will appear. I'm sure of the ones I identified above because they didn't teach you in previous grades🤞 and even if you want to prove this you can go through previous papers and check what I'm saying.
Good luck for paper one all the best ❤️👌
!!
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