1. What is depreciation, how many methods of depreciation are there.
2. What is budget? Types of budgets?
3. Prepare income and expenditure account 4. COGS 5. What is procurement? Explain procurement cycle 6. Write a letter to bank for stop payment of cheque 7. Write a letter to bank for addition and deletion of signatories 8. Fund request 9. What is liabilities, assets, expenses, income, purchase, sales. ? and their relations? 10. Cash discount? Restricted funds ABC donor? 11. Accounting Journal entries .. 12. What is working capital? 13. What is owner equity? 14. a/c receivable? a/c payable? 15. Allowances for Doubtful debts? 16. Accumulated deprecation? 17. What are internal controls? 18. GAAP 19. Debit ? credit? 20. Grants? Types of grants? 21. Taxes? Kinds of taxes? 22. Budget? 23. Project? 24. Variance? Kinds of variance? 25. Unpresented/ outstanding cheques? 26. Uncredited/ uncleared cheques? 27. Accruals? 28. Bank reconciliation statement? 29. Accounting cycle? 30. Grants income? 31. Restricted funds? 32. Accrued and differed liabilities 33. Break even point? 34. Programmatic expense vs administrative expense 35. Capital expenses vs revenue expenses 36. Straight line depreciation vs diminishing balance 37. Income and expenditure statement vs profit and loss account 38. Fixed assets 39. Gross profit 40. Net profit 41. What documents required before Salary release of an employee 42. What documents required for the final settlement of an employee 43. Correspondence terms in donor reports are: 44. Cost extension 45. No cost extension 46. Cost alignment 47. Donor report format:???? 48. Chart of accounts is always uniform in the whole organization 49. Tax , within 7days have to submit, tax return , etc 50. NGO vs Business oriented organization 51. Organization introduction 52. Self intro 53. Strength vs weaknes 54. Visit A. Salam Jan & Co. Chartered Accountants website, read about tax, esp about salary tax 2011-2012 55. Double entry system vs single entry system 56. Read book Principles of Accounting by M.A.Ghani 57. Zero based budgeting 58. Provision for bad debts 59. IFRS? 60. Balance sheet and its uses ? 61. Documents required before Payment to suppliers 62. What are the financial statements? 63. What is cash basis accounting and accrual basis accounting? 64. What is the trial balance and why it prepared? 65. What do u understand by petty cash , what is replenishment system? 66. What is bank? 67. Direct and indirect costs? 68. Financial fiscal year vs calendar year? 69. External audit vs internal audit 70. Ratio anyalysis? 71. What is the payroll? 72. Amortization 73. Depletion 74. Appreciation 75. Fixed cost vs variable cost 76. With holding tax 77. Property tax 78. Income tax 79. EOBI 80. Gratuity 81. Capital and revenue expenditure