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Associate Level – Accounting
4 sections available · 12 chapters available
Free Associate Level – Accounting study notes for HKICPA QP (Hong Kong CPA) students. Each chapter covers a key topic with examples and practice prompts you can continue inside the thinka app.
Explain the Purpose of Accounting
Role of accounting within a business entity
Relationship between business activities and business transactions
Types of financial statements and their purpose
Demonstrate an Understanding of Accounting Principles
Principles of the double entry accounting system
Analyse the nature of business transactions
General features in preparing financial statements
Prepare Accounting Records, Demonstrate Management and Control
Accounting equation and preparation of a trial balance
Account for property, plant and equipment
Account for inventories and trade receivables
Prepare period end adjustments
Prepare and Present Financial Statements from a Trial Balance or Incomplete Records
Prepare financial statements from incomplete records
Prepare financial statements for common types of business entity
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