JAMB Financial Accounting: topics to study
22 topics in 5 sections. In JAMB UTME, each subject is a multiple-choice paper written on a computer: 60 questions for Use of English and 40 for each other subject, all in one sitting.
How to study Financial Accounting for JAMB
Financial Accounting is a practical subject. Work through full questions (ledgers, trial balances, final accounts) by hand until the layouts are automatic.
JAMB Financial Accounting topics
1.Foundations
- Nature and purpose of accounting
- Accounting concepts and conventions
- Source documents
- Books of original entry
2.Double Entry and Ledgers
- Double-entry bookkeeping
- The ledger
- Trial balance
- Errors and suspense accounts
- Bank reconciliation
- Control accounts
3.Final Accounts
- Final accounts of a sole trader
- Adjustments (accruals, prepayments, bad debts)
- Depreciation
- Incomplete records
4.Other Organisations
- Partnership accounts
- Company accounts
- Accounts of not-for-profit organisations
- Manufacturing accounts
- Departmental and branch accounts
5.Analysis and Public Sector
- Interpretation of accounts (ratios)
- Public sector accounting
- Computerised accounting
This outline follows the structure of the official syllabus. Check the current Financial Accounting syllabus on the JAMB website for this year's exact list and any set texts.
More JAMB subjects
- English
- Mathematics
- Biology
- Chemistry
- Physics
- Economics
- Government
- Literature in English
- Geography
- Commerce
- Christian Religious Studies
- Islamic Religious Studies
Financial Accounting for other exams: WAEC, NECO, Post-UTME.