Part 1. A conceptual overview. 1. The accounting environment -- 2. Fundamental accounting concepts -- 3. The accounting equation and the analysis of transactions -- Part 2. The accounting process. 4. Recording external transactions -- 5. Recording internal transactions -- 6. Preparation and presentation of financial statements -- 7. Closing entries -- Part 3. The accounting process expanded. 8. Value-added tax -- 9. Purchase and sale transactions -- 10. Analysis journals -- Revision set 1 -- Part 4. Recognition and measurement of the elements of the financial statement. 11. Property, plant and equipment -- 12. Inventory and cost of sales -- 13. Accounts receivable -- 14. Cash and bank -- 15. Accounts payable -- 16. Owner's equity and non-current liabilities -- Revision set 2 - Part 5. Entity forms. 17 Partnerships -- 18. Companies -- 19. Close corporations -- Part 6. Sundry topics. 20. Statement of cash flows -- 21. Analysis of financial statements -- 22. Non-business entities -- 23. Incomplete records -- Revision set 3