StudyPath

ACC 221 Financial Accounting 2

ND2 levelManagement & Administration12 topics

ACC 221 covers 12 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Limited liability company formation and legal framework
  2. Memorandum and articles of association
  3. Statutory books and shareholders’ rights
  4. Share capital issues and accounting entries
  5. Capital restructuring and preference share redemption
  6. Debentures issue and redemption
  7. Appropriation of corporate profits
  8. Final accounts of limited liability companies
  9. Conversion of partnership to limited liability company
  10. Branch accounts
  11. Consignment and goods on sale or return
  12. Royalties and sub-royalties accounts

A sample from this course

One topic, as StudyPath teaches it.

Limited liability company formation and legal framework

Limited liability companies (LLCs) combine the flexibility of a partnership with the protection of a corporation. Mastering the steps of incorporation, the statutory documents (Memorandum & Articles of Association), and the legal obligations under the Companies and Allied Matters Act (CAMA) 2020 is essential for the NUC CCMAS, NBTE, and NCCE exams.

What you get for ACC 221