Modules Covered
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
- Introduction to Data Analytics and Artificial Intelligence (AI)
- Use of Taxation Software
- Use of Accounting software
Paper 1 – Accounting
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
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
- 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: Fourteen year education, Associate Degree or equivalent.