Junior Assistant (Accounts) study materials
Junior Assistant (Accounts) study resources

Junior Assistant (Accounts) study plan

Junior Assistant (Accounts) · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Financial Accounting Fundamentals & Bookkeeping and Double-Entry System

  • Write out the accounting equation and classify 30 given accounts as asset, liability, equity, income, or expense without error

  • Journalize 20 transactions from source descriptions, applying the debit-credit rules for each account type

  • Prepare a trial balance from a 15-entry journal and identify any imbalance by recomputing column totals

  • State the accrual, going-concern, and matching concepts and give one original example of each from a small shop's records

Your checkpoint

A handwritten or spreadsheet workbook containing 20 journal entries, a balanced trial balance, and a one-page concept summary with original examples

Week 2

Financial Accounting Fundamentals & Bookkeeping and Double-Entry System

  • Post 20 journal entries to ledger accounts and strike running balances for each account

  • Prepare a trial balance, then a simple income statement and balance sheet from the same ledger

  • Record and post adjusting entries for accrued expenses, prepaid expenses, depreciation, and closing stock

  • Reconcile the net profit figure between the income statement and the capital account movement

Your checkpoint

A complete accounting cycle file for one practice business: journal, ledger, trial balance, adjustments, final accounts, all internally consistent

Week 3

Financial Accounting Fundamentals & Banking and Cash Operations

  • Prepare a bank reconciliation statement from a given cash book and bank statement, listing every timing difference

  • Record transactions in a three-column cash book including discount allowed and discount received

  • Journalize entries for dishonoured cheques, bank charges, and interest credited by the bank

  • Explain the treatment of a stale cheque and a post-dated cheque in the cash book

Your checkpoint

A bank reconciliation working paper that fully explains each reconciling item and arrives at the adjusted bank balance

Week 4

Taxation (Direct and Indirect) & Financial Accounting Fundamentals

  • Compute taxable income for a salaried individual using the standard deduction, chapter deductions, and slab rates, showing each step

  • Distinguish direct and indirect taxes and list which levies fall in each category

  • Compute output tax, input tax credit, and net payable for five invoice scenarios

  • Identify the records and due dates that a small business must maintain for indirect tax compliance

Your checkpoint

A tax computation sheet with two full income computations and a five-row indirect tax working, each with workings shown

Week 5

Auditing and Internal Control Basics & Bookkeeping and Double-Entry System

  • List the principles of internal control and map each to a concrete control in a cash-handling process

  • Design a segregation-of-duties chart for purchases, payments, and stock recording in a small firm

  • Classify 15 given audit observations as error, fraud, or weakness in internal control, with a one-line reason each

  • Draft five audit queries in professional wording based on a described voucher-checking exercise

Your checkpoint

A two-page internal control note containing the duties chart, the 15-item classification table, and the five audit queries

Week 6

Cost and Management Accounting & Business Mathematics and Statistics

  • Classify 20 costs as fixed, variable, or semi-variable and compute the variable cost per unit from given data

  • Compute contribution, break-even point in units and value, and margin of safety for three scenarios

  • Prepare a simple cost sheet showing prime cost, works cost, and cost of sales

  • Solve 10 problems on ratios, percentages, averages, and simple and compound interest, showing each formula used

Your checkpoint

A cost and quantitative problem set with 10 fully worked solutions and a one-page formula sheet the candidate can revise from

Week 7

Business Mathematics and Statistics & Computer Awareness and Accounting Software

  • Interpret a mean, median, mode, and standard deviation result for a small data set and state what each measure reveals

  • Compute these four statistics by hand and verify with a spreadsheet function

  • Record a full transaction cycle in accounting software: create ledgers, enter vouchers, view the trial balance, and generate the balance sheet

  • Correct a wrongly classified entry in the software using a reversal or edit, and note which method preserves the audit trail

Your checkpoint

A screenshot-free written log of the software exercise plus a statistics worksheet with hand calculations and spreadsheet verification side by side

Week 8

General English and Communication & General Awareness and Current Affairs & Financial Accounting Fundamentals & Bookkeeping and Double-Entry System

  • Write a formal email and a short notice on an accounts-related matter, each under 150 words and free of grammar errors

  • Summarize five current affairs items relevant to banking, taxation, or the economy in two sentences each

  • Complete two timed mixed-domain mock tests and log every wrong answer by domain

  • Re-study the two weakest domains from the error log and re-attempt 15 questions in each

Your checkpoint

An error log showing domain-wise accuracy across both mocks, a revision list of weak areas, and the written email and notice

Milestones

Week 2: Produce a balanced trial balance and final accounts from a fresh 20-transaction set within 60 minutes, unaided

Week 4: Score at least 70 percent on a self-made 25-question test covering domains 1, 2, 3, and 4

Week 6: Solve a break-even and cost sheet problem correctly on the first attempt without referring to notes

Week 8: Score at least 65 percent on each timed mock and show a falling error count in the two previously weakest domains