Data Loading...
CAF-1 - Orientation Flipbook PDF
Orientation - Abdul Slam CAF-1
295 Views
199 Downloads
FLIP PDF 367.65KB
CAF-1 Introduction to Accounting
Abdul Salam, CA (Affiliate), APFA Good Evening, I have over 7 years of successful teaching experience at different levels to the students of CA, ACCA, & PIPFA in Financial Accounting & Financial Reporting and produced excellent results. Before this I was affiliated with RSRIR Chartered Accountants, a member firm of Russell Bedford International where I performed distinguished work on application of International Financial Reporting Standards (IFRSs/IASs). Currently I am teaching CAF-1, CAF-5 and CAF-7 in SKANS. I have authored following books in the accountancy profession which are being studied in various professional institutions: CAF-1 Introduction to Accounting CAF-5 Financial Acc. & Reporting-I Upcoming Book CAF-7 Financial Acc. & Reporting-II
Key Points
Housekeeping Rules • Switch off your camera and mute microphones for better quality
discussion • Any questions or issues faced while still logged in to the session, should be communicated via the chat box • The recording of this session will be available later for viewing, on the domain.
ECampus Support
Using your log-in details, you should be able to access the course plan in the study room.
The course plan sets out the sequence of the topics.
The videos and power point slides will be available in the course plan in the
columns next to the topic
The videos cover the key examinable topics and you should go through the recommended study text and practice kit as you progress in the course
ECampus Support A set of comprehensive study notes are provided on-line by ICAP. The
links to these are provided in the study plan. Only ICAP registered students will be able to access and download them.
After every two weeks there will be live sessions, where exam questions practice will be covered. The practice will relate to the
topics that should have been covered till that date.
ECampus Support The live meetings schedule is available on the ECampus website
and is built-in, in your study plan. The meeting link will be available on the study plan on the day
the live session is going to take place. Just click on the link to join the meeting.
ECampus Support Post the live sessions, an assignment will become available.
Assignments will have to be uploaded on the domain within specified deadlines in order for them to be marked.
ECampus Support At the end of the session there will be two live Question Based
Revision sessions to recap the key examinable topics A mock exam will be set and this will be covered through a live
discussion or mock de-brief session. This will also be marked if submitted within deadline. Feedback will be shared within 3 to 4
working days.
ECampus Support As you progress through the course any concept related query can
be addressed to the tutor in the weekly live sessions or via e-mail. Any technical support related to accessing videos, meeting invites, etc. should be e-mailed at [email protected] You can also share your concerns through the technical support button available in the course plan.
The Exam
The Exam
Paper pattern • Section A: Total Questions – 4
total of 30-35 marks
Short questions carrying (4-10 Marks)each (including one question based on MCQs (10 ----14 marks) • Section B: Total Questions – 4
total of 65-70 marks
Long questions carrying (15—22 marks)each
Syllabus
Syllabus – Objective & Grid Objective To enable candidates to equip themselves with the fundamental concepts of accounts needed as a foundation for higher studies of accounting. Grid Weighting Introduction to accounting and book keeping 30-35 Adjustments prior to completion of financial statements 25-30 Preparation of final accounts of sole traders 20-25 Accounting for partnership 15-20 Total 100
Course content Ch#1. Ch#2. Ch#3. Ch#4. Ch#5. Ch#6. Ch#7. Ch#8. Ch#9. Ch#10. Ch#12. Ch#11. Ch#13. Ch#14.
Introduction to business and accounting Financial Reporting The accounting equation Double entry bookkeeping Books of prime entry Bad and doubtful debts Accruals and prepayments Bank reconciliations Capital & revenue Property, plant and equipment Inventory Correction of errors Partnership Accounts Preparation of financial Statements
Study Resources
Study resources • Examiner reviewed Text book
• Past exam papers (https://www.icap.org.pk/students/studyresources/caf/)
Assumed Knowledge
What is next ……? This subject will lead to next Paper for FAR -1
Questions
Thank You