Showing posts with label 1.5 Accounting for Financial Services. Show all posts
Showing posts with label 1.5 Accounting for Financial Services. Show all posts

July 4, 2012

Accounting For Financial Services-Math: Previous Years Question Review (2002-2011)

BANKING DIPLOMA EXAMINATION
 Banking Diploma Courses under The Institute of Bankers, Bangladesh (IBB)
Accounting For Financial Services

Math: Previous Years Question Review (2002-2011)

1.     Show the amount of discount in Profit and Loss Account of a Bank. Nov-2002

2.     Final Account for a Trading Company. N02,Jun04,Dec04,Jun05

3.     Final Account for Bank-May03,Dec03,Dec04,Nov07

4.     Imprest system of patty Cash-May03

5.     Bank Reconciliation Statement.D03,D04,J05,M06,N06,M07,M08,N08,D09,J10

6.     Journal, Ledger, Trial Balance. J04,M06,N07,N08,M09,D09,J10,N10,N11

7.     Ratio Analysis.J04,D04,J05,N06,M08,M09,J10,N10,M11

8.     Inventory Management.D04,M06,M07,N07,M08,M09,D09,J10,N10,M11

9.     Cash Book. J05,N11

10.  Depreciation. N06,M07,M08,D09,N10,M11

11. Break Even Analysis-N11

12.  Work Sheet-N11.

May 13, 2012

Accounting for Financial Services: Analysis of Financial Statement- Ratio Analysis

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses under The Institute of Bankers, Bangladesh (IBB)
Accounting for Financial Services-JAIBB
Analysis of Financial Statement-Ratio Analysis

May 11, 2012

Accounting for Financial Services: Financial Statements for Banks

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses under The Institute of Bankers, Bangladesh (IBB)
Accounting for Financial Services-JAIBB
Financial Statements for Banks 
Question and Solution-1

May 3, 2012

Accounting for Financial Services: Syllabus and Chapter wise Previous Year Questions

 BANKING DIPLOMA EXAMINATION
Banking Diploma Courses under The Institute of Bankers, Bangladesh(IBB)
Accounting for Financial Services-JAIBB
 Syllabus and Chapter wise Previous Year Questions Up to Nov-2011

N.B. Please give your kind Feed-Back
( Log in to Group Member section & give your valuable comments and contributes to successful end result of the course)  

Module A: Introduction and Environment
Purpose, Nature, Uses and Users of Accounting Information, Functional and Operational Definition of Accounting, Accounting Principles, Standards and Regulations, Forms of Business Organizations and Accounting systems. 
  1. Give a functional and operational definition of accounting. (Nov-11)
  2. Distinguish between relevance and reliability of accounting information. (Nov-11)
  3. “Accounting is ingrained in our society and it is vital to our economic system” Do you agree? Explain. (D-09) (N-11)
  4. Define the terms: Asset; Liabilities ;Revenue and Expenses. (D-09) (Nov-11)
  5. What are the different categories of users of accounting information? (D-03) (J-05) (N-06) (M-08)

April 29, 2012

Accounting for Financial Services:Depreciation

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh(IBB)
Accounting for Financial Services-JAIBB
Depreciation

Question:  November 2009/ November 2010
Problem : X Company Limited purchase a machinery Tk. 5,10,000.00 on January 2000. Useful Life time is 5 Years, Scrap value Tk. 10,000.00, during year 2000 working hours were 2000 and production units were 15000. Total Estimated working hours is 25000 and Estimated units is 2, 00,000.

March 17, 2012

Accounting for Financial Services: Accounting Standard

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh (IBB)
Accounting for Financial Services-JAIBB
Accounting Standard

Q.1 Define Accounting Standards and discuss important features of AS-I, AS-9, AS-14, AS-20.

Ans.: Accounting Standard: Accounting standards are the policy documents issued by the recognized expert accountancy body relating to various aspects of measurements, treatment and disclosure of accounting transactions and events.

March 16, 2012

Accounting for Financial Services : Principles, Concepts and Conventions

BANKING DIPLOMA EXAMINATION 
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh (IBB)
Accounting for Financial Services -JAIBB
Accounting : Principles, Concepts and Conventions

Q.1 Define Accounting. What is GAAP (Generally accepted Accounting Principles)? Explain briefly the Accounting Principles.

Ans Accounting may be defined as the process of recording, classifying, summarizing and interpreting the financial transactions and communicating the results there of to the persons interested in such information. GAAP (Generally Accepted Accounting Principles): It is a Technical concept that describes the basic

February 29, 2012

Accounting for Financial Services- JAIBB

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh (IBB) 
Accounting for Financial Services- JAIBB
Introduction to Accounting

Q.1. What is meant by Accounting? Give two objectives of Accounting.
Ans. According to the American Institute of Certified Public Accountants (AICPA) in theirAccounting Terminology Bulletin No. 1, “Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events

February 28, 2012

Accounting for Financial Services-JAIBB

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh (IBB)
   Accounting for Financial Services- JAIBB
Accounting for Money and Banking

In these notes we will find the following topics:
 

I.     Bank balance sheets 
II.   T-accounts
III.  Areas of bank management  

I. BANK BALANCE SHEETS
Balance sheets are the standard accounting tool for listing a bank's assets and liabilities, which is all that a bank's balance sheet is.  Drawing one up is fairly simple:

February 21, 2012

Short Notes: Accounting for Financial Services

BANKING DIPLOMA EXAMINATION
Banking Diploma Courses in Bangladesh under The Institute of Bankers, Bangladesh (IBB)

Accounting for Financial Services -JAIBB
Short Notes:

Accrual Basis Accounting: 
Under the Accrual basis accounting system transactions those changes a company's financial statements are