Institute of Commercial Management | Qualification Subject

Accounting II

Main Topics of Study

Financial Resources and Business Planning

  • Financial resources
  • The role of the accountant

The Construction of Financial Statements

  • Calculating profits
  • Adjustments
  • Capital transactions
  • Partnership accounts
  • Company accounts
  • Cash flow statements
  • Accounts of clubs and societies

The Provision of Financial Information

  • Accounting ratios and preparing reports / SSAPs & FRSs

Planning and Decision Making Accounting for Costs

  • Manufacturing accounts

Further Accounting Issues

  • Control accounts
  • The trial balance, journal and suspense accounts
  • Incomplete records
  • The extended trial balance

Recommended Reading

Main Text:

<iframe style="width:120px;height:240px;" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" src="//ws-eu.amazon-adsystem.com/widgets/q?ServiceVersion=20070822&OneJS=1&Operation=GetAdHtml&MarketPlace=GB&source=ss&ref=as_ss_li_til&ad_type=product_link&tracking_id=icm0bb-21&marketplace=amazon&region=GB&placement=0273712128&asins=0273712128&linkId=ae746ab3f027e8abf634238dedcc6570&show_border=false&link_opens_in_new_window=true"></iframe>

Frank Wood’s Business Accounting 1 – Wood & Sangster (Pitman)

Indicative Text:

Alternative Text and Further Reading:

<iframe style="width:120px;height:240px;" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" src="//ws-eu.amazon-adsystem.com/widgets/q?ServiceVersion=20070822&OneJS=1&Operation=GetAdHtml&MarketPlace=GB&source=ss&ref=as_ss_li_til&ad_type=product_link&tracking_id=icm0bb-21&marketplace=amazon&region=GB&placement=1861521537&asins=1861521537&linkId=a8fffe15b7e660839b38bb0037631567&show_border=false&link_opens_in_new_window=true"></iframe>

Foundations of Business Accounting – R Dodge