1. Financial statements classification, manufacturing account, income statement items, wages allocation, carriage outwards, royalties paid, provision for irrecoverable debts adjustment

2. Statement of financial position preparation, capital accounts, current accounts, non-current assets, current assets, trade receivables, trade payables, provision for depreciation

3. Profitability ratios formulas, profit for the year percentage, return on capital employed, ratio evaluation, financial performance analysis, profitability comparison

4. Credit sales calculation, credit purchases calculation, trade receivables, trade payables adjustments, depreciation application, reducing balance method

5. Income statement preparation, revenue, expenses, depreciation charge, interest received, net profit calculation, financial performance reporting

6. Accounting concepts identification, consistency, accruals, liquidity ratios analysis, current ratio, acid test ratio, liquidity evaluation, working capital management