ACCA FINANCIAL ACCOUNTING: AN EASY AND COMPLETE COURSE

ACCA APPLIED KNOWLEDGE STAGE

Created by: Dr Graham Buckingham
Accounting professor

What Will I Learn?

• Explain the context and purpose of financial reporting
• Define accounting principles and concepts
• Demonstrate the use of double entry bookkeeping
• Record transactions and events
• Perform reconciliations
• Prepare a trial balance
• Prepare financial statements
• Prepare basic consolidated financial statements
• Interpret financial statements

Requirements

• No previous courses are required. A calculator will be needed to follow some of the examples.
• It suggested that students follow the course slowly each week and do the quiz at the end of each section. The answers to the quiz are given but if students find they did not have the correct answer, it would be sensible to do that section again to consolidate their knowledge.

Target audience

• Accountants who are studying for a professional qualification. This includes ACCA, ACA, CPA, CFA and AAT
• Students at university and college who are studying accounting and finance.
• Managers who need to understand the main concepts in financial accounting and reporting.