Junior Assistant (Accounts) study plan
Junior Assistant (Accounts) · Give each week a clear focus.
8 weeks · About 6 hours per week
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
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
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
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
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
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
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
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