Algeria IESPC Accounting Contest study plan

Reconstruct the Algerian chart of accounts structure and classify 40 accounts by nature and class without notes.

Apply the SCF (Système Comptable Financier) recognition criteria to distinguish assets, liabilities, equity, income and expenses across 15 short scenarios.

Prepare a full closing worksheet from a trial balance: adjusting entries, depreciation, accruals and provisions, then produce the income statement and balance sheet.

Diagnose five common errors in journal entries (reversed entries, missing VAT, wrong class) and state the correcting entry for each.

Compute depreciation using straight-line, declining-balance and units-of-production methods and justify the choice under SCF for five asset classes.

Record impairment losses and reversals, and explain the treatment of revaluation surpluses in equity.

Prepare consolidated-style elimination entries for a simple parent-subsidiary case including intra-group sales and unrealised profit.

Draft the notes to the financial statements covering accounting policies, movements in fixed assets and provisions.

Solve 25 multiple-choice items on inventories, construction contracts and revenue recognition under time pressure.

Distinguish fixed, variable and semi-variable costs and separate mixed costs using high-low and least-squares methods on a dataset of 12 months.

Compute equivalent units and cost per unit under process costing with normal and abnormal losses.

Allocate and reapportion overhead costs across production and service cost centres using the direct, step-down and reciprocal methods.

Prepare a contribution-margin income statement and calculate break-even point, margin of safety and operating leverage for three product lines.

Build a flexible budget and compute price, quantity and mix variances for materials and labour.

Apply the audit risk model to three case facts and document inherent, control and detection risk with a justified response.

Design tests of controls and substantive procedures for the revenue and receivables cycle, linking each procedure to an assertion.

Draft an internal control questionnaire and identify segregation-of-duties weaknesses in a purchase-to-pay narrative.

Analyse three ethics scenarios against the fundamental principles of integrity, objectivity, confidentiality, competence and professional behaviour, and state the safeguard.

Explain the auditor's reporting obligations and the distinction between reasonable and limited assurance.

Map the main Algerian taxes (IBS, IRG, TVA, TAP, IRG/salaries, property taxes) to their taxpayers, bases, rates and filing deadlines in a reference table.

Compute corporate income tax (IBS) for a company with exempt income, carried-forward losses and a minimum-tax floor, and compare the result with the minimum contribution.

Calculate VAT collected, deductible and payable for a month mixing taxable and exempt operations, and treat the pro-rata deduction rule.

Process a monthly payroll: IRG on salaries, social contributions and the employer's declarations.

Identify the penalties and late-payment interest applicable to a missed declaration and quantify the cost.

Compare the legal forms of business entity (sole trader, SARL, EURL, SPA, SNC) on capital, liability, governance and transfer of shares.

Outline the commercial company lifecycle: incorporation, statutory accounts approval, distribution of dividends and dissolution.

Analyse two commercial contract scenarios for formation, performance, breach and remedies under Algerian commercial law.

Compute the cost of capital: cost of debt after tax, cost of equity via CAPM and dividend growth, and the weighted average.

Appraise an investment using net present value, internal rate of return, payback and profitability index, and rank three mutually exclusive projects.

Build a 12-month cash budget and identify the funding gap and the financing line needed.

Diagram an accounting information system: source documents, data entry, ledgers, controls and reporting, marking manual and automated control points.

Assess three risks of digitalising the accounting cycle (data integrity, access control, audit trail) and state the mitigating control for each.

Explain the accounting treatment of public-sector entities: budgetary accounting versus general accounting, and the role of the ordonnateur and the comptable public.

Prepare a simple not-for-profit receipts-and-payments account and explain why it differs from an income statement.

Summarise the effect of inflation, exchange-rate movement and interest-rate change on a company's financial statements in three short paragraphs.

Sit two full timed mock exams of 100 mixed questions each and record the score by domain.

Re-teach the three weakest domains using the mock error log, targeting a 15-point score gain in each.

Rehearse the ten most error-prone calculations (IBS, VAT pro-rata, WACC, equivalent units, variances) under a five-minute-per-item limit.

Compile a one-page formula and rate sheet from memory, then verify it against source notes.