FABM 1 Basic Documents and Transactions related to Bank

Deposits
Introduction to Accounting
Bank Reconciliation Statement
 Definition of Accounting
 Nature of Accounting Accounting Practice Set
 Functions of Accounting in Business
Income and Business Taxation
 History/ Origin of Accounting

Branches of Accounting
BUSINESS MATH
Users of Accounting Information
Fundamental Operations on:
Forms of Business Organizations
 Fractions
Types of Business According to Activities
 Decimals
Accounting Concepts and Principles  Percentage

The Accounting Equation Ratio & Proportion

Types of Major Accounts Buying and Selling

Books of Accounts Salaries and Wages

Business Transactions and Their Analysis As Applied to Presentation and Analysis of Business Data
the Accounting Cycle of a Service Business

 Rules of Debits and Credits

BUSINESS FINANCE
 Journalizing
 Posting Introduction to Financial Management
 Preparation of a Trial Balance
Review of Financial Statement Preparation, Analysis,
Business Transactions and Their Analysis As Applied to and Interpretation
the Accounting Cycle of a Service Business
Financial Planning Tools and Concepts
 Adjusting Entries
Sources and uses of short term and long-term funds
 Adjusted Trial Balance
 Preparation of Basic Financial Statements Basic Long-term Financial Concepts
(Income Statement)
Introduction to investment
Accounting Cycle of a Merchandising Business
Managing Personal Finance

FABM 2

Statement of Financial Position (SFP)

Statement of Comprehensive Income (SCI)

Statement of Changes in Equity (SCE)

Cash Flow Statement (CFS)

Analysis and Interpretation of Financial Statements

Accounting Books – Journal and Ledger