CSEC PRINCIPLES OF ACCOUNTS
Course Overview
This course provides a complete and focused preparation for CSEC Principles of Accounts, covering accounting fundamentals, financial records, and business financial reporting in one streamlined programme.
Students will develop:
– Strong understanding of accounting principles and concepts
– Ability to prepare and interpret financial statements
– Skills in recording and analyzing financial data
– Confidence in solving structured accounting problems
Course Content
WEEK 1 – INTRODUCTION & FINANCIAL POSITION
Overview
Students build a strong foundation in accounting principles and financial statements.
– Concept and purpose of accounting
– Types of business organisations
– Accounting equation (Assets = Capital + Liabilities)
– Preparation of simple and classified balance sheets
WEEK 2 – BOOKS OF ORIGINAL ENTRY & LEDGERS
Overview
Students learn how transactions are recorded and organised.
– Books of original entry (sales, purchases, cash book)
– Source documents and transactions
– Posting to ledgers (double entry system)
– Trial balance preparation and purpose
WEEK 3 – FINANCIAL STATEMENTS & ADJUSTMENTS
Overview
Students prepare financial statements and understand adjustments.
– Trading, Profit & Loss Accounts
– Preparation of Balance Sheet
– Adjustments (accruals, prepayments, depreciation)
– Basic ratio analysis and interpretation
WEEK 4 – ADVANCED TOPICS & EXAM PREPARATION
Overview
Students explore advanced accounting topics and exam techniques.
– Control systems (bank reconciliation, suspense accounts)
– Partnership and company accounts basics
– Incomplete records
– Exam practice (Paper 1 & Paper 2 techniques)
KEY FEATURES
✔ Complete Principles of Accounts syllabus in one structured course
✔ Strong focus on problem-solving and exam techniques
✔ Real-world accounting applications
✔ Practice questions and guided solutions
✔ Suitable for CSEC May/June preparation
Course Delivery
Live Online Classes via Zoom
Students receive guided instruction, practice worksheets, past paper questions and interpretation exercises.
Duration
4 Weeks
Schedule
Two Sessions Per Week – Schedule Provided After Sign-Up
Learning Materials
• POA worksheets
• CSEC past paper practice
• Guided interpretation exercises
Certification
Students will receive a Certificate of Completion and an official Transcript from The Educational Institute of Trinidad and Tobago (TEITT).