Accounting syllabus, dot point by dot point
Every dot point in the TAS Accounting course document, in syllabus order, with a focused answer for each. Open any dot point for the answer, exam-style questions and links to related points.
Accounting for Decision-Making
Section overview →Which principles and ethical duties guide how accountants report information?
How can ratios reveal a business's profitability, liquidity and efficiency?
How do budgets and cash flow forecasts help a business plan ahead?
How does the cash flow statement explain where cash came from and went?
Financial Accounting
Section overview →Who uses accounting information and what does each user need from it?
Why are accruals and prepayments adjusted at balance day?
How does GST work for a sole trader and how is it recorded?
How does the accounting equation keep the records in balance?
How does a business protect its cash and prove the bank balance is correct?
How are uncollectable debts and the risk of non-payment recorded?
How do transactions flow from journals to ledgers to a trial balance?
How is the cost of a non-current asset spread across its useful life?
How do special journals and subsidiary ledgers handle high transaction volumes?
How does the perpetual inventory system record purchases, sales and cost of goods sold?
What do the income statement and balance sheet tell us about a business?