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Accounting Proficiency Test (APT) – Jan 2020

aksacademysalem 0 1712

“The best preparation for tomorrow is doing your best today”

In order to have grip on the subject we learn, we need to have self assessment.  Prime focus of this exam is on 12th Grade Commerce students who aspire to excel in the stream of Accounts. The objective is to primarily motivate young talents to appreciate the subject and cause of accounting. The purpose of any proficiency test is to find out whether you have already got the knowledge and the skills that are taught in a particular course, even though you have not taken the course.

“NO SPOT ADMISSIONS PERMITTED”

Contact the academy for enrollment and more details about the test.

Syllabus for the test:

  1. Basics  – 5%
    • Meaning and Scope of Accounting
    • Accounting Concepts
    • Capital and Revenue Expenditure and Receipts
  2. Accounting Process – 5%
    • Journal
    • Ledger
    • Trial balance
    • Subsidiary Books
    • Cash book
  3. Bank Reconciliation Statement – 5%
  4. Rectification of Errors – 10%
  5. Depreciation – 5%
  6. Final Accounts of Sole Proprietor – 10%
  7. Ratio Analysis – 10%
    • Liquidity Ratios
    • Solvency Ratios
    • Profitability Ratios
    • Activity / Turnover Ratios
  8. Partnership Accounts – 10%
    • Basic Concepts
    • Goodwill Treatment
    • Admission
    • Retirement
  9. Company Accounts – 10%
    • Issue of Shares / cash / other than cash
    • Over / under subscription
    • Forfeiture of Shares
    • Reissue of Shares

Venue : AKS Academy, Salem