Podcast
Questions and Answers
Who is the Chairman of the ATSWA Examinations Committee?
Who is the Chairman of the ATSWA Examinations Committee?
- Mr. Rotimi Akanni Omotoso
- Deacon Solomon Oluwole. Adeleke (correct)
- Mr. Ikhiegbia Braimoh Momoh
- Mr. John Adeniyi Adeyemo
Who is the Principal Manager and Head of the ATSWA Examinations Department?
Who is the Principal Manager and Head of the ATSWA Examinations Department?
- Mr. John Adeniyi Adeyemo (correct)
- Mr. Rotimi Akanni Omotoso
- Mr. Ikhiegbia Braimoh Momoh
- Mr. John Irabor Evbodaghe
What was the purpose of the team constituted after the approval of the new syllabus?
What was the purpose of the team constituted after the approval of the new syllabus?
- To review the Study Texts in line with the syllabus (correct)
- To develop a new syllabus
- To create a new editorial board
- To undertake a comprehensive review of the ICAN Examinations Committee
Who is the Registrar/Chief Executive of ICAN?
Who is the Registrar/Chief Executive of ICAN?
What is the title of the page numbered 'i' in the Study Text?
What is the title of the page numbered 'i' in the Study Text?
What is the institution of Mr. Moses Akinlabi Odedoyin?
What is the institution of Mr. Moses Akinlabi Odedoyin?
Who wants to know about the business's ability to pay for goods supplied promptly?
Who wants to know about the business's ability to pay for goods supplied promptly?
Who needs accounting information to decide how secure their job is?
Who needs accounting information to decide how secure their job is?
Who analyzes financial statements for their clients?
Who analyzes financial statements for their clients?
Who wants to know about the quality of the products of the business?
Who wants to know about the quality of the products of the business?
Who needs accounting information to determine tax payable by the entity and its employees?
Who needs accounting information to determine tax payable by the entity and its employees?
Who wants to know about the liquidity and profitability of the entity?
Who wants to know about the liquidity and profitability of the entity?
What is the primary objective of Chapter Thirteen?
What is the primary objective of Chapter Thirteen?
What is the title of Chapter Fourteen?
What is the title of Chapter Fourteen?
What is the title of Chapter Fifteen?
What is the title of Chapter Fifteen?
What is the primary objective of the course 'Basic Accounting Processes and Systems'?
What is the primary objective of the course 'Basic Accounting Processes and Systems'?
What is the focus of Section 13.3.1?
What is the focus of Section 13.3.1?
What is discussed in Section 14.4?
What is discussed in Section 14.4?
What is the title of the course?
What is the title of the course?
What is discussed in Section 15.5?
What is discussed in Section 15.5?
What is the primary aim of Chapter Thirteen?
What is the primary aim of Chapter Thirteen?
What is discussed in Section 14.2?
What is discussed in Section 14.2?
What is a characteristic of a sole-proprietorship?
What is a characteristic of a sole-proprietorship?
What is the maximum number of partners allowed in a firm?
What is the maximum number of partners allowed in a firm?
What happens to a sole-proprietorship upon the death of the owner?
What happens to a sole-proprietorship upon the death of the owner?
What is the purpose of a partnership, as stated in the Partnership Act 1890 and the Limited Partnership Act 1907?
What is the purpose of a partnership, as stated in the Partnership Act 1890 and the Limited Partnership Act 1907?
What happens to profits and losses in a partnership, in the absence of an agreement?
What happens to profits and losses in a partnership, in the absence of an agreement?
What is required for the formation of a partnership?
What is required for the formation of a partnership?
What is one of the functions of the Board in relation to accounting and financial reporting standards?
What is one of the functions of the Board in relation to accounting and financial reporting standards?
What is the importance of accounting information to user groups?
What is the importance of accounting information to user groups?
What is the role of the Board in relation to auditing standards?
What is the role of the Board in relation to auditing standards?
What are some of the qualitative characteristics of useful financial information?
What are some of the qualitative characteristics of useful financial information?
What is the purpose of accounting?
What is the purpose of accounting?
What is the scope of accounting?
What is the scope of accounting?