ICAN January Lectures for May Diet (A2 – Financial Accounting (FA, Foundation) )
About This Course
This module focuses on building foundational knowledge and skills in financial accounting, essential for aspiring Chartered Accountants preparing for the ICAN Foundation level. It provides an introduction to core accounting principles, techniques, and the preparation of financial statements.
Learning Objectives
Understand the principles and concepts underlying financial accounting.
Record financial transactions accurately using double-entry bookkeeping.
Prepare financial statements for various types of organizations, including sole proprietorships and partnerships.
Understand adjustments such as accruals, prepayments, and provisions.
Analyze financial statements for decision-making purposes.
Requirements
- Minimum of five (5) O'Level credits, including Mathematics and English Language.
- Basic numeracy and analytical skills.
- Access to a calculator and study resources for financial accounting.
- Commitment to attending lectures and completing assigned exercises.
Target Audience
- Aspiring Chartered Accountants in the ICAN Foundation Level program.
- Students or graduates seeking a career in accounting and finance.
- Entry-level professionals looking to develop a strong foundation in financial accounting.
- Individuals transitioning into accounting from other disciplines.
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