Course Work Only – Information Technology

  • Computer hardware, software and operating systems
  • Introduction to Microsoft Excel and Application
  • Introduction to Microsoft Word and Application
  • Introduction to Microsoft PowerPoint and Application
  • Tax Compliance in Digital Economy
  • Use of Taxation Software
  • Use of Accounting software

Paper 1 – Accounting – I

Section A: Financial Accounting

  • Introduction to business and accounting
  • Financial Reporting
  • The accounting equation
  • Double entry bookkeeping
  • Bad and doubtful debts
  • Accruals and prepayments
  • Bank reconciliations
  • Correction of errors
  • Property, plant and equipment
  • Inventory
  • Preparation of basic financial statements
  • Accounting for non-profit entities

Section B: Cost Accounting

  • Introduction to Cost of production
  • Inventory valuation
  • Inventory management
  • Overheads
  • Labour costing
  • Cost flow in production
  • Job and service costing
  • Budgeting

Paper 2 – Business Law – I

Section A: Mercantile Law

  • Introduction to the legal system
  • Formation of contract
  • Termination of contract
  • Partnership Act

Section B: Company Law

  • Company & Types
  • Incorporation of company
  • Share capital – types and variation                      
  • Meetings
  • Management

Paper 3 – Taxation – I

  • System of taxation in Pakistan
  • Basic concepts of taxation
  • Salary income
  • Income from property
  • Income from business – basic
  • Losses, deductible allowances, tax credits and exemptions
  • Taxation of companies, individual and association of persons
  • Scope of general sales tax
  • Law and rules for sales tax registration and deregistration
  • Determination of  sales tax liability
  • Filing of tax returns

Eligibility: Intermediate / A-levels