By Sir Babar
Rs. 15000
This course includes
01 What is Accounting, Bookkeeping and types of Accounting
02 Accounting Cycle and its discussion
03 Heads of Accounting and their accounting nature
04 Double Entry and rules with Examples
05 Detail Examples of Accounting Rules (Increase and Decrease Effects)
06 Components of Financial Statement
07 Elements of Financial Statement
08 Basis of Accounting and General Joural Format
09 Practice Question1 (Double Entries in General Journal)
10 Markup & Margin with Detail Examples
11 Discounts and its Types with Examples(Trade Discount)
12 Cash Settlement Discount with Examples
13 Practice Question 4 (How to make Ledgers and Trial Balnce)
01 Introduction to Inventory(IAS 2) with DETAIL eXAMPLE
02 Goods in Transit and when to include in category of invenory
03 Measurement of Inventory and Cost Calulation
04 Net Realisable Value Concept with Detail Examples
05 Practice Question 1 (Chinto Co) Based on NRV
01. Introduction to Property Plant & Equipment & Initial Recognition with Practice Question 1
02. Depreciation Basic & Its Methods with Detailed Practice Question 2 Part 1
03 Depreciation Basics & It Methods with Detailed Practice Question 3 Part 2
04. Depreciation Entries, Depreciation Policy with Practice Question 3
05 Extracts of SOCI & SOFP with Practice Question 4
06 Expenditures its Types & Accounting Treatment with Practice Examples
07 Self Constructed Asset cost calculation with Practice Question
08 Change in Accounting Estimate Scenario vise with Practice Question 5
09 Derecognition of Asset (Disposal & Destroy) with practice question 6
10 Disposal through Exchange with Practice Question 7
11 Cost of Exchanged asset in Different scenarios with comprehensive practice question 8
12 Recording of Fixed Asset at Book Value & comparison while recording at cost with Practice Question 9
13 Revaluation of Assets in Detail & Preparation of Fixed Asset Schedule with Practice Question 10
14 ICAP Comprehensive Practice Question 11 (Shahzad Textile Ltd) with Detail Entries & Accounts
15 Comprehensive ICAP Past Paper Spring 2015 with Detail Discussion and solution
16 Comprehensive ICAP Past Paper (Spring 2013) with detail discussion and Solution
17 Comprehensive Practice Question (Sher Dil)
01 IAS 36 Introduction
02 Measuring of Recoverable Amount
03 Impairment Practice Question 1 (Hino Company)
04 Practice Question 2 on calculation of Fair Value
05 Future Cash Flows in Value in use(Cash Generating Units) with Practice Question 3 Blue Machines
06 Accounting for Impairment (Detailed Entries of Impairment) & Identification of Impairment
07 Impairment Comprehensive Practice Question 4 Ali Baba & Co
08 ICAP Past Paper Spring 2013
01 IAS 20 Basic Introduction (Basics & Types)
02 Practice Question 1 to Identify Grants
03 Accounting Treatment (Its Conditions) & Grants To Related to Income
04 Practice Question 2 on Grants Related to Income with adjusting Entries and Extracts of SOFP & SOCI
05 Grants Releted to Assets & Methods to Account For
06 Comprehensive Practice Question 3 on Identification of Types of Grants and their possible solution
07 Grant as Compensation of Expense & Loss and Repayment of Grant
08 Comprehensive Practice Question 4(QL Ltd) on Repayment with Detailed Entries
09 Comprehensive Practice Question 5(Katie) with Extracts of SOFP & SOCI
10 Comprehensive Practice 6 Question Dell Ltd
01 Introduction to Investment Property(IAS 40) & Difference between Investment & non Investment Property
02 Practice Question 1 on Identification of Investment Property( Scenario wise Discussions)
03 Partly Occupied Building & Leased Out Building Scenarios
04 Recognition Criteria, Cost Measurement & Recognition Policy(Cost & Fair Value)
05 Cost & Fair Vale Recognition with Practice Question 2 Topaz Limited
06 Disposal of Investment Property with Practice Question 3 on
07 Comprehensive Practice Question 4 (Quality Limited) on Transfer of Asset along with Extracts of SOCI & SOFP
01 Errors and Types of Errors where tril balance still balances with examples and entries
02 Basics of Errors being the reason of disagreement of Trail Balance
03 Intro to Suspense Account its purpose and Reasons of Creation
04 Practice Question 1 & 2 based on disagreement of Trail Balance and Unknown Entry
05 Six Types of Error causing disagreement of Trial Balance with examples and entries
06 Comprehensive Practice Question 3 (Sky Electronics)
07 Errors effect on Profits( Discussion of Nominal Account)
08 Comprehensive Practice Question 4 BA Enterprises on Errors adjustments on Gross & Net Profit
09 Effects of Correcting entries on SOFP Items with Comrephensive Practice Question 5 Zeta Traders
01 Introduction to Borrowing Cost (IAS 23)
02 Qualifying Assets Definition & Criteria
03 Basic of Specific Borrowing its Calculation method and Journal Entries
04 Practice Question on Specific Borrowing
05 Basics of General Borrowings & Calculation of Rate
06 Capitalization of General Borrowing Cost along with Suspension period
07 Practice Question 2 on Calculation of Genera Borrowing
08 Commencement of Capitalisation
09 Suspension of Capitalisation
10 Cessation of Capitalization
11 Practice Question 3 on Commencement of Capitalisation
12 Comprehensive Practice Question 4 (Spin Ltd)
13 Practice Question 5 on Suspension of Capitalisation
14 Comprehensive Practice Question 6(Mr .X) based on How to prepare extracts of SOCI & SOFP
15 Comprehensive Practice Question 7 (Alpha Trading) along with Extracts of SOCI & SOFP
01 Objectives of Non Profit Organisation and Difference between profi & non profit organisation
02 Prepration of Receipt & Payment Account
03 Sorces of Revenue and Its Types
04 Practice Question 1 on Specific DOnation to Purchase Fixed Asset
05 Practice Question 1 on Donation to Specific Expense
06 Practice Question 3 on Specific Funds Raised by owner
07 Intro to Subscription and How to prepare Subscription Account
08 Comprehansive Practice Question 4 on prepration of Subscription Account
09 Other Sorces of Revenue Detailed Discussion
10 Practice Question 5(Gain on Investment and Disposal of Investment)
11 Practice Question 6 (Life time membership)
12 Income & Expenditure Account and SOFP Format
13 Comprehensve Practice Question 7(Lahore Sports Club)
14 Comprehensive Practice Question 8(Sehat Club) Detailed Question Discussion
15 Practice Question 8 Solution(Sehat Club)
16 Practice Question 9 Detailed Discussion(Lengton Hockey Club)
17 Comprehensive Practice Question 9 Solution (Langton Hockey Club)
18. Practice Question Live Session
19. Balance Sheet
20 Introduction to ASNPO
21 Primary source of accounting and Accounting Policy
22 Recognition and Mesurement Criteria As per ASNPO
23 Financial Statement of NPOs and Fund Accounting
24 Endownment Fund, Restricted Fund and General Fund with Example
25 Practice Question on Funds
26 Intro to Contribution and its types
27 Practice Question on Contribution
28 Contribution Receiveable and its Conditions
29 Intro to Membership fee
30 Practice Question on Memeber Sip fee and segration between services and contribution
31 Contributed Material & Services
32 Government Fundings and Restrictions
33 Restricted Fund Method
34 Revenue Recognition under Restricted Fund Method
35 Revenue Recognition under Defferal Method
36 Recognition of Material inventory and goods to be distributed at no charges or at nominal charges
37 Collections and their treatment as per ASNPO
38 Tangible Assets Definition, Recognition,Measurement, Depreciation and Amortization
39 Intangible Assets Recognition, Expense & Capitalization and Website Cost
40 Expense Allocation and Staement of Income & Expenditure under both defferal and Restricted Fund Method
41 Financial Statement under ASNPO(Defferal and Unrestricted Method)
42 Comprehensive Practice Question (Professional Sports Club) under Defferal Method detailed
43 Comprehensive Practice Question (Professional Sports Club) under Restricted fund method detailed
01 Prepration of Financial Statement & Introduction to business
04 Inroduction to Dividend
05 Types of Dividend and its entry at decleration
07 Detailed Entries of Dividend from Decleration to Payment
08 Detailed Format of SOCIE
09 Comprehensive Practice Question 1 (Pak Ocean)
10 Comprehensive Practice Question 2 (Wednesday Ltd)
11 Comprehensive Practice Question 3 (ABC Corp)
01 Cash Flows Basics (Purpose and Comparison with SOCI & SOFP)
02 Statement of Cash Flow and its heads
03 Heads of Cash Flows(Operating Activities, Investing Activities and Financing Activities)
04 Cash and Cash Equvilents with Exaples
05 Methods to Calculate Operating Cash Flows (Direct & Indirect)
06 Practice Question 1 (Hamid & Co) under Direct Method
07 Accrual Based Figues(Calculation of Interest, Tax and Dividend Paid)
08 Practice Question 2 (Hopper Company) under Indirect Method
09 Practice Question 3 (Hopper Company) under Direct Method
10 Comprehensive Practice Question 4 (Grand) Based on Investment Activities
11 Comprehensive Practice Question 5 (Company X) Based on Financing Activities
12 Comprehensive Practice Question 6 (Nadir Ltd)
01 Basic Of IAS 08 with Brief Examples
02 Accounting Polices, Accounting Estimates and Errors with Examples
03 Practice Question 1 (Zafar Ltd) based on Accounting Policy Change
04 Practice Question 2 (Khan Ltd) Based on Errors with Extracts of SOCI,SOFP and Error Note
05 Practice Question 3 Based on Estimate Change
01 Importance and Purpose of Ratio Analysis and Intro to Return on Capital Employed (ROCE)
02 Practice Question 1 on ROCE
04 Return on Asset with Practice Question 3
05 Profit to Sale with Practice Question 4
06 Cost over Sales with Practice Question 5
07 Asset Turnover with detail prove of ROCE with Practice Question 6
08 Working Capital Efficiency Ratio Intro
09 Receivables , Inventory & Payables Ratio
10Working Capital Cash Cycle
11 Liquidity Ratios (current ratio, quicks ratio)
12 Debt Ratio Intro and Gearing Ratio
13 Interest Cover Ratio its formula, importance & Benchmark
15 Use of Average and Closing Balnces in Calculating ratios
16 Uses and Limitations of Ratios
17 Window-dressing its concept with detail examples
18 Financial Statement Analysis its Types and Horizontal Analysis
19 Horizontal Analysis Example of SOCI & SOFP
20 Vertical Analysis Intro
21 Vertical Analysis Setail Example SOCI & SOFP
22 Comprehensive Practice Question (Waseem Pvt )
23 Comprehensive Practice Question (Alpha & Omega Ltd)
01 Intro to Conceptual Framework and purpose
02 Content of Conceptual Framework and Status
03 Elements of Financial Statement
04 Qualitative Characteristics (Information to be useful in decision making)
05 Enhancing Qualitative Characteristics
06 Recognition Criteria and Link
07 Measurement Basis
08 Concept of Capital and Its Types
09 Capital Maintenance Concepts
10 Capital Maintenance Adjustment and their entries
11 Comprehensive Practice Question 1 on Capital Maintinance with Entries
12 Practice Question 3 Measurement Basis
Full course of Financial Accounting & Reporting-1 (CAF-1) fully detailed & updated as per ICAP directions for upcoming attempt. Complete course coverage, with extensive practice of ICAP Question Bank as well as past papers. This course is designed to provide an in-depth understanding of concepts of each standard with examples using the most convenient methods & language Includes a Comprehensive Test Session consisting of 12 Tests (Including 1 Mid Term Mock & 1 Final Mock).
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