OnLine Assistant for
Small & Medium Entrepreneurs

 

[DIRECTORY ] [FINANCIAL INFORMATION SYSTEM]

[SME:DEFINITIONlLAWSlCLINICS] [ACCOUNTING:AC101lAC201lAC301]


SMEs

Book One: SME Defined

SMEs & the Economy

SMEs & DTI

SME Defined

SME Characteristics

Book Two: SME Laws

Basic Policies

Magna Carta for Small Enterprises
SME Developtment FrameWork
Omnibus Investment Code
Act Providing Assistance for Women

Book Three: SME Clinics

How to Start a Business

SelfAnalysis

Risk & Trials

 


AC101: Basic Financial Accounting

Book One: The Basics

Introduction

Accounting : Defined

The Profession Of Accounting

The Specialized Accounting Fields

Forms Of Business Organization

Types Of Activities
Performed By Business Organizations

Business As An Accounting Entity

Accounting Elements/Values

Book Two: Accounting Equations

Basic Accounting Equations

Accounting Equation Illustration

Accounting Equation Expanded

Expanded Accounting Equation Illustration

Book Three: Debit & Credit

Introduction

The "T" Form

The Theory Of Debit & Credit

The Theory Of Debit & Credit
As Applied to the Expanded Accounting Equation

Book Four: Journalizing & Posting

Charts Of Accounts

Asset Titles

Liability Titles

Proprietorship Titles

Deduction from Income Titles

Book Five: The Journal

Lecture On The Journal

Transaction Of Mr. dela Cruz

Book Six: The Ledger

Introduction

Posting

Cross-Indexing

Journal Entries

Trial Balance

Book Seven: Adjusting the Accounts

The Need For Adjusting Entries

Cash VS Accrual Basis Accounting

Classes & Types Of Adjusting Entries

Prepaid Expenses

Unearned Revenue

Depreciation Of Plant Assets

Accumulated Depreciation

Accrued Expenses (Liabilities)

Accrued Assets (Revenues)

Book Eight: Completion Of The Accounting Cycle

Worksheet

Preparing Financial Statements Form The Worksheet

Classified Blance Sheet

Journalizing & Posting The Adjusting Entries


AC201: Cost Accounting

Book One: Nature & Scope of Cost Accounting

Introduction             Labor Terminology                Cost Accounts

Basic Cost Accounting Terminologies                    Material Terminology      

Manufacturing Overhead Terminology                  Primary Uses Of Cost Information      

Cost Accounting And Other Fields Of Study             

Fixed, Variable And Semivariable, Manufacturing Overhead Costs

Major Differences Between Process Costing and Job Order Costing                                           

Book Two: Concepts & Classifications

Cost and Expense

Classifications of Cost

Cost Formulas

Cost Flow for Manufacturing, Merchandising, & Service Forms

Book Three: Cost of Goods Sold

Lectures

Formulas

Five Dictinct Parts

Book Four: Job Order Costing

Job Order Costing

Major Source Documents for Job Costing

Accounting Procedures for Materials

Recording the Purchase of Materials

Recording the Issuance of Materials

Accounting Procedures for Labor

Accounting for Factory Overhead

Book Five: Objective of Material Control

Objective of Material Control

Factors Necessary in Material Control

Functional Organization

Business Papers Used to Support Materials Transaction

Methods of Costing Materials

Book Six: Factory Overhead

Factory overhead / Manufacturing overhead

Six Steps to Summarize the Accounting for Factory Overhead

Factors to be Considered in the Computation of Overhead Rate

Steps in Computation of Departmentalization Overhead Rate

Methods of Allocating Service Department Cost to Producing Departments


AC301: Financial Statement Analysis

Introduction

Basic Financial Reports

Creating A Projected Financial Statement

The Pro Forma Statement For The New Small Business

Ratio Analysis

12 Key Ratios

Liquidity Ratios

Liquidity ratios
Current ratios
Quick ratios

Leverage Ratios

Leverage ratios
Debt ratios
Debt-to-Net-Worth-ratios
Times Interst Earned

Operating Ratios

Operating raios
Average Inventory Turnover

Average Payable Period

Average Payable Period
Net Sales to Total Assets
Net Sales to Working Capital

Profitability Ratios

Profitabilty ratios
Net Profit On Sales ratios
Net Profit To Equity

Interpreting Business Ratios

Break-Even Analysis

Calculating The Break-Even Point

Adjustable Profit

Break-Even Points in Units

Employing Break-Even Analysis

Chapter Review

Summary

Discussion Questions

Experiencial Exercises