1.1 The purpose of accounting

1.2 The accounting equation

2.1 The double entry system of book-keeping

2.2 Business documents

2.3 Books of prime entry

3.1 The trial balance

3.2 Correction of errors

3.3 Bank reconciliation

3.4 Control accounts

4.1 Capital and revenue expenditure and receipts

4.2 Accounting for depreciation and disposal of non-current assets

4.3 Other payables and other receivables

4.4 Irrecoverable debts and provision for doubtful debts

4.5 Valuation of inventory

5.1 Sole traders

5.2 Partnerships

5.3 Limited companies

5.4 Clubs and societies

5.5 Manufacturing accounts

5.6 Incomplete records

6.1 Calculation and understanding of accounting ratios

6.2 Interpretation of accounting ratios

6.3 Inter-firm comparison

6.4 Interested parties

6.5 Limitations of accounting statements

7.1 Accounting principles

7.2 Accounting policies