Post Name

Place of Posting / Location

Assistant Accounts Officer (SPS-08)

MARC, Gilgit = 01, PARC HQs = 01, NARC = 01, AZRI, Bahawalpur = = 01,
SARC, Karachi = 01, NSCRI, Thatta = 01
Subject
Subject Description
% Weight
:

Financial Accounting and Management

Meaning, Nature and Scope of Finance Functions

Review of Financial Statements, Income Statements and Balance Sheet, Published reports of
quoted companies.
Operating Activities, Investment Activities and Financing Activities
Concept and types of Leasing, Lease vs Loan
Introduction to Business and Business organizations
Fundamental Accounting concepts, definitions, scope and conceptual framework of Accounting.
Double entry system for Assets, Liabilities, Capital, Revenue, Expenses, Discounts and Drawings.
The Accounting cycle, journal, ledger.
Presentation of Financial statements
Sales journal and ledger, purchase journal and sub ledger,
Cash books, petty cash books
Adjusting entries, work sheets, accrued expenses
Bank reconciliation statement

Cost Accounting

Auditing

30%

Basic Cost term concept

Cost of Goods Sold Statement, Income Statement
Job order cost sheet
Under and over applied overheads
Cost estimation
Breakeven point
Standard costing and Performance management
Cash receivables and Inventory management
FIFO, LIFO, JIT Inventory system, Average costing

30%

20%
Introduction, definition, nature and scope of an audit
Objective of an audit
Difference between Accounting and Auditing
Qualities and qualifications of an auditor
Features, advantages and disadvantages of continues Audit, Interim Audit and Final Audit.
Definitions, objectives and principals of systems of internal control systems
Difference between internal and external audit
Engagement letter
Management representation
Audit Techniques
Audit planning
Audit evidence
Auditor Liabilities
Different types of audit reports
Events subsequent to Audit report

Assistant Accounts Officer (SPS-08)