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Financial Accounting Notes

Government or Public sector Accounting

Public sector accounting, also referred to as government accounting, refers to all the financial documents and records of public institutions […]

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Financial Accounting Notes

Branch Accounting

INTRODUCTION A branch of an organization whether business or non-business can be defined as a part of the organization operating […]

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Financial Accounting Notes

DEPARTMENT ACCOUNT

The most important objective of accounting is the segregation and recording of transactions of buying selling, production, distribution and administration […]

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Financial Accounting Notes

Contract Account

The contract account is a system of cost accounting used by contractors engaged in construction and building works, where it […]

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Financial Accounting Notes

SS3 2nd Term Financial Accounting scheme of Work

FINANCIAL ACCOUNTING SECOND –TERM S.S 3 SCHEME OF WORK WEEKS 1.         Contract Accounts –           Meaning, terminologies – National profit, retention […]