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SS1: FINANCIAL ACCOUNTING - 1ST TERM

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  1. Introduction to Booking Keeping and Accounting | Week 1
    9 Topics
    |
    1 Quiz
  2. Introduction to Books of Account | Week 2
    5 Topics
    |
    1 Quiz
  3. Subsidiary Books of Account I | Week 3
    4 Topics
    |
    1 Quiz
  4. Subsidiary Books of Account II | Week 4
    4 Topics
    |
    1 Quiz
  5. Principles of Double Entry Book Keeping | Week 5
    1 Topic
    |
    1 Quiz
  6. Cash Book | Week 6
    6 Topics
    |
    1 Quiz
  7. Petty Cash Book | Week 7
    1 Topic
    |
    1 Quiz



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The major statutory document for the regulation of business in Nigeria is the Companies and Allied Matter Act 1990 (CAMA) (as amended in 2004). Other legislations relate directly to specific Industries such as:

(i) Banks and other Financial Institutions Act (BOFIA) 1991
(ii) Insurance Act 2003
(iii) Statement of Accounting Standard (SAS) Issued by NASB now Financial Reporting Standard (FRS) on the approval of Financial Council (FRC).
(iv) International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS), issued by (IASB) from time to time.

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