Understand the accounting concept of income and profit.

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Last Updated: 13-Jul-23
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4.0 Understand the accounting concept of income and profit.

5.0 Know the accounting concepts, conventions bases and policies.

6.0 Understand various accounting treatments or provisions.

7.0 Understand the various reserves and their relevance to financial reporting.

8.0 Know the regulatory and statutory frame work under which accounting theory and practice operate.

9.0 Understand the application of specific accounting standards.

10.0 Understand inflation accounting concepts.