Message for Students
Dear Students, this website is created as an educational resource for all advanced level exam takers to evolve and improve over time through the communal efforts of those who use it as a learning resource. Each and every topic is integrated with questions and answers where students can get good practice before exams. Students can practice questions after referring each topic or as an exam in the Q-bank. If you find any important topics are missing then you can comment or share the contents with us and we will add into the topics, which will benefit all the other students as well. If you find any mistakes on our topics kindly comment us below each topics and we will update it. We hope this simple and powerful concept of this website will help all the students study and practice questions effectively.
Recent Questions
No Recent Questions Available on this Category
Recent Public Feedback
No Recent Comments Available on this Category
Recent Video or Images
No Recent Videos Available on this Category
Topic Updates
- குடியிருப்பு on 23/05/2023
- இலங்கையின் நகரமயமாக்கல் on 23/05/2023
- விவசாய நடவடிக்கைகள் on 23/05/2023
- கட்டுப்பாட்டுகணக்கிற்கும் துணைபேரேட்டுக்கும் இடையிலான தொடர்பு on 02/05/2023
- Plans the process of long term decision making on 28/04/2023
- Supports to make investment decisions by using different capital evaluation methods on 28/04/2023
- Analyses the behaviour of cost on 28/04/2023
- Supports the decision making using cost volume profit analysis on 28/04/2023
- Plans the process of long term decision making on 28/04/2023
- Make use of Management Accounting for Decision Making on 28/04/2023
- Analyses basic concepts of Management Accounting on 28/04/2023
- Uses Process of Material Control on 28/04/2023
- Records the labour cost on 28/04/2023
- Evaluation of Basic Concepts of Management Accounting on 28/04/2023
- Prepare pay sheet on 28/04/2023
- Prepare pay sheet on 28/04/2023
- Absorbs Overhead Cost to a Product on 28/04/2023
- Emphasis the requirement and importance of interpreting financial statements on 28/04/2023
- Calculates and Interprets liquidity ra on 28/04/2023
- Calculating and interprets Leverage Ratios on 28/04/2023
- Calculating interprets Profitability Ratios on 28/04/2023
- Calculates and interprets efficiency ratios on 28/04/2023
- Calculates and interprets investors’ ratios on 28/04/2023
- Analyze legal background relating to Limited Liability Company on 28/04/2023
- Accounting records for issuing shares by collecting consideration at once on 28/04/2023
- Accounting for Reserve Capitalization and right issue on 28/04/2023
- Preparing of financial statement of Limited Liability Company by applying Sri Lanka Accounting Standards on 28/04/2023
- Prepare Statement of Cash flows of a limited liability company accordance with the Sri Lanka Accounting Standard on 28/04/2023
- Analyze legal background of Sri Lanka Accounting Standards on 28/04/2023
- Analyze Conceptual Framework for Financial Reporting on 28/04/2023
- Accounting and discloses changes in Accounting Estimates Policies and errors on 28/04/2023
- Explaining the main concepts relating to inventory and accounting for inventory on 28/04/2023
- Defining basic concepts and accounting for property plant and equipment on 28/04/2023
- Discloses and accounting for provisions, contingent liabilities and contingent assets according to Sri Lanka Accounting standard on 28/04/2023
- Understands Accounting for Right to use of Lease property on 28/04/2023
- Disclosure and Accounting for events after reporting period on 28/04/2023
- Keeps accounts and discloses Revenues on 28/04/2023
- Explains legal environment of a partnership business on 27/04/2023
- Evaluates special transactions of partnership businesses on 27/04/2023
- Reveals the partners equity on 27/04/2023
- Prepares the income statement of the partnership and appropriates the profits or losses among partners on 27/04/2023
- Accounting for the transactions and events that occur at the admission and retirement of partners on 27/04/2023
- Explains ‘Incomplete records’ and presents the reasons for it on 27/04/2023
- Prepares the financial statements by converting incomplete records to double entries on 27/04/2023
- Clarifies the need for the maintenance of accounts in a ‘ not for profit’ organization on 27/04/2023
- Clarifies the need for the maintenance of accounts in a ‘ not for profit’ organization on 27/04/2023
- Reveals financial position and performance of a ‘ not for profit’ organization on 27/04/2023
- Calculates cost of production of a manufacturing business on 27/04/2023
- Takes decisions in accordance with financial statements of manufacturing business on 27/04/2023
- Explains the importance of financial statements of a sole trader business on 27/04/2023
- Prepares Income Statements and Statement of Financial Position of a sole proprietorship on 27/04/2023
- Analyses Accounting concepts on 27/04/2023
- Analyses the Business / Accounting entity and the entity concept on 27/04/2023
- Applies going concern concept on 27/04/2023
- Applies the money measurement concept on 27/04/2023
- Applies the periodic concept on 27/04/2023
- Applies the accrual concept on 27/04/2023
- Applies the realization concept on 27/04/2023
- Applies the matching concept on 27/04/2023
- Applies the concept of historical cost concept on 27/04/2023
- Applies the prudence concept on 27/04/2023
- Applies the materiality concept on 27/04/2023
- Applies the substance over form concept on 27/04/2023
- Applies the disclosure concept on 27/04/2023
- Applies consistency concept on 27/04/2023
- Evaluates the importance of maintaining prime entry books on 27/04/2023
- Records cash transactions of a business on 27/04/2023
- Maintains the petty cash book to record petty cash expenses on 27/04/2023
- Prepares bank reconciliation statement on 27/04/2023
- Maintains records related to trading goods purchased on credit on 27/04/2023
- Maintains information related to trade stocks sold on credit on 27/04/2023
- Records transactions in the General Journal on 27/04/2023
- Indicates relationship between Control accounts and Subsidiary Ledgers on 27/04/2023
- Prepare financial statements after balancing ledger accounts on 27/04/2023
- Rectifies the errors that occur in recording transactions on 27/04/2023
- Records business transactions and events based the double entry system on 27/04/2023
- Record transactions and events of a business. on 27/04/2023
- Evaluates how the total assets of a business agree with its total of liabilities and equity on 27/04/2023
- Discloses the changes in equity through the transactions and events of business on 27/04/2023
- Prepares Income statement and statement of Financial Position using accounting equation on 27/04/2023
- Evaluates the importance of providing accounting information to the parties who are interested in making taking decisions on 27/04/2023
- Analyses the changes and trends in accounting based on changes in accounting environmental factors on 27/04/2023
- Analyses accounting as a process on 27/04/2023