Fundamentals Accounting II

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About Course

Course Title: Fundamentals of Accounting II

Overview

This course is a continuation of Principles of Accounting I. The course is designed to introduce students to the application of accounting principles and concepts to major balance sheet items. The specific topics  includes internal control over cash, accounting for receivables, accounting for inventories, accounting for current liabilities, accounting for plant asset, natural resources and intangibles and accounting for businesses organized as partnerships and companies as per Ethiopian Commercial Code.

Structure:

  1.  Inventories
  2.  Property, Plant & equipment, Intangible Assets and Natural Resource.
  3. Current Liabilities & Ethiopian Payroll System
  4. Accounting for Partnerships in Ethiopia
  5. Accounting for corporations in Ethiopia
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What Will You Learn?

  • Advanced financial statement analysis techniques.
  • Managerial accounting principles for internal decision-making.
  • Cost accounting fundamentals and cost allocation methods.
  • Budgeting and variance analysis for effective financial planning.
  • Introduction to taxation principles and their impact on financial reporting.

Course Content

Inventory Accounting

  • Inventory Accounting Part I
    23:49
  • Inventory Accounting Part II
    01:04:46
  • Inventory Accounting Part III
    41:00

Property, Plant and Equipment

Accounting for Intangible Asset & Natural Asset

Accounting For Payroll

Accounting Partnership

Corporation

Model Exam and Solution

Exit Exam Model Questions

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