Learning Area Content
Lesson BUS-401: Source Documents and Books of Original Entry
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6 Topics
Source Documents and Books of Original Entry: Source documents
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Source Documents and Books of Original Entry: Different source documents used in recording business transaction
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Source Documents and Books of Original Entry: Books of original entry
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Source Documents and Books of Original Entry: The journal
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Source Documents and Books of Original Entry: Recording information in the relevant journals from source documents
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Source Documents and Books of Original Entry: Posting information to the relevant ledger accounts from various journals
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Lesson BUS-402: Financial Statements
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7 Topics
Financial Statements: Financial Statements, i.e. Trading account, Profit and loss account, Trading and profit and loss account, Balance sheet
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Financial Statements: Importance of the financial statements
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Financial Statements: Concept of trading period
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Financial Statements: Preparation of simple financial statements
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Financial Statements: Types of capital; Working capital, Borrowed capital, Capital owned, Capital employed
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Financial Statements: Calculating basic financial ratios e.g. Margins and mark-ups, Current ratio/ working capital ratio, Rate of stock turn-over, Return on capital
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Financial Statements: Importance of financial ratios. NB: End year adjustments are not required in this Topic
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Lesson BUS-403: Money and Banking
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11 Topics
Money and Banking: Meaning and limitations of barter trade
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Money and Banking: Meaning and characteristic of money
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Money and Banking: Functions of money
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Money and Banking: Demand for and supply of money
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Money and Banking: Meaning of banking
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Money and Banking: Development of banking
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Money and Banking: Functions of commercial banks
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Money and Banking: Types of accounts offered by commercial banks
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Money and Banking: Functions of non-bank financial institutions
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Money and Banking: The functions of the Central Bank in an economy
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Money and Banking: Trends in banking
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Lesson BUS-404: Public Finance
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8 Topics
Public Finance: Meaning and purpose of public finance
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Public Finance: Sources of public finance
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Public Finance: Categories of Government expenditure
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Public Finance: Principles of Government expenditure
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Public Finance: Meaning and purpose of taxation
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Public Finance: Principles of taxation
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Public Finance: Classification of taxes
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Public Finance: Merits and demerits of each type of tax
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Lesson BUS-405: Inflation
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7 Topics
Inflation: Meaning of inflation
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Inflation: Consumers price index
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Inflation: Types of inflation
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Inflation: Causes of inflation
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Inflation: Levels of inflation
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Inflation: Effects of inflation in an economy
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Inflation: Controlling inflation
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Lesson BUS-406: International Trade
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14 Topics
International Trade: Meaning of international trade
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International Trade: Advantages and disadvantages of international trade
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International Trade: Terms of trade, balance of trade, balance of payments
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International Trade: Balance of payment disequilibrium
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International Trade: Correcting balance of payment disequilibrium
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International Trade: Terms of sale in international trade
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International Trade: Documents used in international trade
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International Trade: Forms of economic integration
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International Trade: Importance of economic integration to a country
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International Trade: Advantages and disadvantages of free trade
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International Trade: Reasons for and methods of trade restriction
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International Trade: Advantages and disadvantages of trade restrictions
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International Trade: Trends in international trade e.g. Liberalization, Export processing Zones (E.P.Z)
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Lesson BUS-407: Economic Development and Planning
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7 Topics
Economic Development and Planning: Meaning of economic growth and economic development
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Economic Development and Planning: Characteristic of under-development
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Economic Development and Planning: Goals of development
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Economic Development and Planning: Factors which hinder development
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Economic Development and Planning: Meaning of development planning
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Economic Development and Planning: Need for development planning
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Economic Development and Planning: Problems encountered in development planning
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