TAS · TASCSyllabus
Accounting syllabus, dot point by dot point
Every dot point in the TAS Accountingsyllabus, with a focused answer for each one. Click any dot point for a worked explainer, past exam questions, and links to related dot points. Written by Claude Opus 4.7, Anthropic's latest AI, published by Better Tuition Academy.
Accounting for Decision-Making
Module overview →- Which principles and ethical duties guide how accountants report information?Apply the key accounting principles and ethical responsibilities to reporting decisions.6 min answer →
- How do budgets and cash flow forecasts help a business plan ahead?Prepare a cash budget and explain the difference between profit and cash flow.7 min answer →
- How can ratios reveal a business's profitability, liquidity and efficiency?Calculate and interpret profitability, liquidity and efficiency ratios.7 min answer →
- How does the cash flow statement explain where cash came from and went?Prepare and interpret a cash flow statement classified into operating, investing and financing activities.7 min answer →
Financial Accounting
Module overview →- Why are accruals and prepayments adjusted at balance day?Explain accrual accounting and process balance day adjustments for accrued and prepaid items.7 min answer →
- How are uncollectable debts and the risk of non-payment recorded?Record bad debts written off and create an allowance for doubtful debts at balance day.6 min answer →
- How is the cost of a non-current asset spread across its useful life?Calculate and record depreciation using the straight-line and reducing-balance methods.7 min answer →
- What do the income statement and balance sheet tell us about a business?Prepare and interpret the income statement and balance sheet for a sole trader.7 min answer →
- How does GST work for a sole trader and how is it recorded?Explain how GST is collected and paid by a sole trader and record GST in transactions.6 min answer →
- How does a business protect its cash and prove the bank balance is correct?Apply internal controls over cash and prepare a bank reconciliation statement.7 min answer →
- How does the perpetual inventory system record purchases, sales and cost of goods sold?Record inventory transactions under the perpetual system and reconcile to a stocktake.7 min answer →
- How do transactions flow from journals to ledgers to a trial balance?Record transactions in the general journal and post them to ledger accounts.6 min answer →
- How do special journals and subsidiary ledgers handle high transaction volumes?Record transactions in special journals and post to subsidiary ledgers and control accounts.7 min answer →
- How does the accounting equation keep the records in balance?Explain the accounting equation and the rules of double-entry recording.6 min answer →
- Who uses accounting information and what does each user need from it?Identify the users of accounting information and explain the decisions each needs to make.6 min answer →