ITAA Tussentijdse Proeven study plan

ITAA Tussentijdse Proeven · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Accountancy

Map the full Accountancy syllabus into a checklist of topics and subtopics
Explain the conceptual framework for financial reporting in your own words
Apply double-entry bookkeeping to record 20 representative business transactions
Prepare a trial balance from a given list of ledger balances

A one-page syllabus checklist plus a completed trial balance exercise with no errors

Week 2

Prepare year-end adjusting entries for accruals, prepayments, and depreciation
Construct an income statement and balance sheet from an adjusted trial balance
Distinguish between perpetual and periodic inventory systems and record purchases and sales under each
Compute gross profit and gross margin percentage for a set of transactions

A full set of financial statements (income statement and balance sheet) from a practice case, with adjusting entries shown

Week 3

Classify and record transactions for property, plant, and equipment including acquisition, depreciation, and disposal
Apply the lower-of-cost-or-net-realizable-value rule to inventory
Record doubtful debt allowances and write-offs under the allowance method
Reconcile a bank statement to the cash ledger

A worked solutions file covering five asset-related exercises (PPE, inventory, receivables, bank reconciliation, and one mixed case)

Week 4

Prepare a statement of cash flows using the indirect method
Compute key financial ratios (liquidity, solvency, profitability) and interpret them
Identify the elements of an annual report and explain the purpose of the notes
Complete a timed mini-exam of 15 mixed accountancy questions

A cash flow statement, a ratio analysis sheet, and a scored mini-exam (target 70% or higher)

Week 5

Outline the Belgian tax framework: personal income tax, corporate income tax, and VAT
Explain the concepts of taxable base, tax rates, and tax deductions for individuals
Compute personal income tax for a simple salary case using the progressive brackets
List the main VAT rates and the conditions for VAT registration

A summary sheet of tax rates and brackets plus a completed personal income tax calculation exercise

Week 6

Compute corporate income tax for a small company, including the reduced rate conditions
Explain the treatment of dividends, interest, and royalties for tax purposes
Apply VAT rules to a set of sales and purchase invoices, including input VAT deduction
Describe the deadlines for VAT returns and annual tax filings

A corporate tax computation and a VAT return for a sample month, both with step-by-step workings

Week 7

Integrate accounting and tax knowledge by preparing a simplified annual accounts file that includes tax provisions
Analyze a case where accounting profit differs from taxable profit and reconcile the two
Answer 20 mixed exam-style questions under timed conditions
Review and correct all errors from the mixed question set

A complete case file with reconciled accounting and taxable profit, plus a corrected error log

Week 8

Two scored mock exams (target 75% or higher) and a final one-page review sheet

Week 4: Score at least 70% on the timed mini-exam covering Accountancy topics from weeks 1-4

Week 6: Correctly complete a corporate tax computation and a VAT return with no more than one arithmetic error each

Week 8: Achieve 75% or higher on both full-length mock exams and demonstrate mastery of at least 80% of the syllabus checklist