Waec Book Keeping Syllabus 2025/2026

The Waec Bookkeeping Syllabus 2025/2026 serves as a comprehensive guide for students preparing for the West African Senior Secondary Certificate Examination (WASSCE). It outlines the topics, expected content, and examination format to ensure that students are well-prepared.

Obtaining the syllabus was difficult in the past, especially in the 1990s when access to the internet was limited. However, with the growth of online resources, students can now easily access the WAEC syllabus for Bookkeeping and other commercial subjects from the comfort of their homes.

The current,Waec Book Keeping Syllabus 2025/2026 is crucial for students in Senior Secondary Schools (SSS) as they prepare for their examinations. Having the syllabus months ahead of the exam is advantageous as it helps students focus their efforts on high-mark topics, provides a structured reading pattern, and lists recommended textbooks with their authors.

Our research shows that many WAEC candidates have actively searched for the 2025/2026 Bookkeeping syllabus. In response to this demand, we have made the syllabus available online for free download in PDF format, allowing candidates to access this valuable resource without any additional cost.

Waec Book Keeping Syllabus 2025/2026

The WAEC syllabus for Biology and Physics 2025/2026 is already available for free download in PDF format on our blog, benefiting science students. We plan to release the syllabus for all subjects in a systematic order for easier understanding. For now, we are providing the 2024 WAEC syllabus for Government, but we also have the syllabus for other subjects available.

Waec Book Keeping Syllabus 2025/2026

Having the Waec Book keeping Syllabus 2025/2026 at your disposal, along with a dedicated study plan, will ensure success in the West African Senior Secondary Certificate Examination.

For this post, we are providing the approved 2025 WAEC syllabus for Bookkeeping. We will offer a summary of the key topics covered in the syllabus before sharing a free PDF download link, detailing what candidates can expect in the upcoming examination.

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Aims and Objectives

(a) Understand and define key concepts of bookkeeping, demonstrating knowledge of its principles, processes, and practices.

(b) Recognize the role of accurate record-keeping in business operations and contribute to effective financial management.

(c) Evaluate the importance of bookkeeping in assessing the financial health of businesses, identifying successes, challenges, and areas for improvement.

(d) Analyze the accounting practices and financial regulations in both local and international contexts, considering historical and current developments.

(e) Appreciate the global impact of bookkeeping practices, particularly in relation to international business and trade standards.

Examination Format

There will be two papers, Papers 1 and 2, both of which will be a composite paper to be taken at one sitting.

PAPER 1: Will consist of forty multiple choice questions all of which must be answered in 50 minutes for 40 marks.

PAPER 2: Will consist of two sections, Sections A and B as follows:

Section A: Will cover Theory of bookkeeping and contain four questions. Candidates will be required to answer two for 20 marks.

Section B: Will cover the Practice of Book-Keeping and contain five questions. Candidates will be required to answer three for 60 marks. The paper will last 2 hours.

Waec Book Keeping Syllabus 2025/2026

Introduction to Bookkeeping

• Meaning of Bookkeeping: Definition, history, nature, importance, and functions.
• Career Opportunities: Beneficiaries and qualities of bookkeepers.

Assets and Liabilities

• Definitions: Differences, classifications, and examples of assets and liabilities.

Business Transactions

• Meaning, types, and parties involved in transactions.

Classification of Accounts

• Personal (debtors and creditors) and impersonal accounts (real and nominal).

Source Documents

• Definitions, types, uses, and identification of source documents.

Concepts and Conventions

• Definitions and differences between concepts and conventions.

Books of Original Entry

• Definition, purpose, types, and preparation.

Ledger and Double Entry Principles

• Ledger: Definition, classification, format, and preparation.
• Double Entry: Meaning, history, rules, and making entries.

Cash Book

• Purpose, description, differences, and preparation (single, double, three column, petty cash).

Bank Reconciliation Statement

• Purpose, causes of differences, and related terminologies.

Trial Balance and Errors

• Meaning, functions, preparation, error types, and correction (Suspense Account).

Financial Statements of Sole Proprietorship

• Trading, Profit and Loss Account, and Balance Sheet preparation.
• Stock valuation methods (FIFO, LIFO).

Adjustments to Financial Statements

• Prepayments, accruals, depreciation, bad debts, and methods of depreciation.

Control Accounts

• Preparation of Sales and Purchases Ledger Control Accounts.

Single Entry and Incomplete Records

• Limitations and preparation of final accounts.

Not-for-Profit Organizations

• Receipts and Payments Account, Income and Expenditure Account.

Manufacturing Accounts

• Purpose, terminologies, and preparation of Manufacturing, Trading, Profit and Loss Accounts.

Partnership Accounts

• Terms, drawings, interest on capital, and preparation of accounts.

Joint Venture Accounts

• Purpose, differences with partnership, and preparation of accounts.

Departmental and Branch Accounts

• Importance, differences, and preparation.

Company Accounts

• Formation, terminologies, and preparation of financial statements.

Interpretation of Accounts

• Ratios: Net profit margin, stock turnover, quick ratio, gross profit margin, return on capital employed.

Purchase of Business

• Reasons, terminologies, and account preparation.

Consignment Accounts

• Terminologies and preparation of accounts.

Hire Purchase

• Meaning and account preparation for seller’s and hirer’s books.

Contract Accounts

• Purpose, terminologies, and preparation of accounts.

Cooperative Accounts

• Meaning and objectives of cooperative societies.

Conclusion

When you access the link, a preamble of the syllabus will be displayed first, followed by the aims and objectives of the 2025 WAEC Bookkeeping syllabus. Additionally, the syllabus includes a detailed marking scheme and the marks allocated to various topics.

The WAEC-recommended textbooks for Bookkeeping are also listed, helping candidates focus on what is expected in the examination and making it easier for WAEC examiners to grade the papers.