Mapping table of LCCI Level 1 Book-keeping syllabus to BAFS Syllabus

Topic 1. 2. 3. 4. 5. 6. 7. 8. 9. The accounting equation and the basis of double-entry book-keeping Recording transactions through double entry Double entry system for expenses and revenues and the effect of profit (or loss) and drawings upon Capital Balancing accounts and the Trial Balance Final accounts with further considerations Bank facilities Day books Cash book Petty cash book and Imprest system LCCI BAFS

10. The journal 11. Adjusting for accruals and prepayments 12. Depreciation of fixed assets 13. Bad debts 14. Bank reconciliation statements 15. Capital and revenue expenditure 16. Errors in the accounts and their corrections 17. Control Accounts 18. Final Accounts with year end adjustments Keys Fully covered in BAFS Partially covered in BAFS Not covered in BAFS Examination Format Time: Questions: 2.5 hours 4 compulsory questions

The presentation of financial statements of BAFS and LCCI Examination are different. The LCCI top-up course for BAFS students will be provided during summer holiday. The details will be announced on our website.

Mapping table of LCCI Level 2 Book-keeping and Accounts syllabus to BAFS Syllabus
Topic 1. Advanced aspects of Level 1 Book-keeping (double entry, Books of original entry, types of ledgers, Trial Balance, Sole trader Final Accounts) 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Keys Fully covered in BAFS Partially covered in BAFS Not covered in BAFS Examination Format Time: Questions: 3 hours 4 compulsory questions Advanced aspects of depreciation Adjusting for accruals and prepayments Bad debts and provision for doubtful debts Partnerships Limited companies Control accounts Incomplete records Stock valuation Manufacturing accounts Non-trading organizations Errors and the use of a suspense account Calculation and interpretation of Ratios Preparing simple financial statements using ratios LCCI BAFS

The presentation of financial statements of BAFS and LCCI Examination are different

The LCCI top-up course for BAFS students will be provided during summer holiday. The details will be announced on our website.

Mapping table of LCCI Level 3 Accounting syllabus to BAFS Syllabus

Topic 1. Level 1 and 2 revisited (depreciation, bad and doubtful debts, preparing final accounts for a sole trader, incomplete records, non-trading organization, manufacturing accounts, control accounts, errors and use of a suspense account) 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Keys Fully covered in BAFS Partially covered in BAFS Not covered in BAFS Examination Format Time: Questions: 3 hours Attempt any 4 out of 5 questions Valuation of stocks Valuation of tangible fixed assets Partnerships Accounting for the issue of shares and debentures Accounting for groups of companies Cash flow statements Ratio analysis Budgetary control Break-even analysis Investment appraisal Accounting concepts and the accounting framework LCCI BAFS

The presentation of financial statements of BAFS and LCCI Examination are different

Free seminar will be offered to those who complete Level 3 course. In the seminar, accounting terminology, the components of financial statements, consolidated financial statements, update on Accounting Standards: HKAS 1 Presentation of Financial Statements will be introduced.