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In this video, Samuel Ibanda, CPA, explains End of Year Adjustments in Financial Accounting. Learn step-by-step how to account for accruals, prepayments, depreciation, bad debts, and other adjustments to prepare accurate financial statements. 📘 What you’ll learn: Meaning and importance of end-of-year adjustments Accounting for accruals, prepayments, depreciation, and provisions Step-by-step examples for CPA, ACCA, and BCom students How adjustments affect Profit & Loss Account and Statement of Financial Position Tips to avoid common mistakes in exams and practical accounting 💼 Perfect for: CPA, ACCA, and BCom students preparing for Financial Accounting exams Accounting professionals handling year-end accounts Business owners learning accurate financial reporting 🎓 Learn Accounting in simple ways with your No.1 tutor — Samuel Ibanda, CPA. 👉 Subscribe for more lessons on Financial Accounting, End-of-Year Adjustments, and Exam Preparation! #EndOfYearAdjustments #FinancialAccounting #SamuelIbandaCPA #LearnAccounting #AccountingForExams #CPA #ACCA #BCom #FinalAccounts #AccountingEducation