Introduction to accounting -- Financial accounting concepts and terminology -- The accounting equation -- Accounting cycle: journals, ledgers and trial balance -- Basic financial statements with year-end adjustments -- Company financial statements and their analysis and interpretation -- Bank reconciliation -- Value-added tax (VAT) -- Cost classification and terminology -- Materials -- Labour -- Overheads and job costing -- Cost-volume-profit (CVP) analysis -- Short-term decision making -- Budgetary control -- Standard costing and variance analysis -- Time value of money -- Capital budgeting.