ACCA December Lectures for March Exams (FA-Financial Accounting (Fundamental, Applied Knowledge))
About This Course
The Financial Accounting (FA) module introduces the fundamentals of financial reporting, focusing on the preparation, presentation, and interpretation of financial statements. This course builds a strong foundation in accounting principles, preparing students for further studies and professional practice in financial reporting.
Learning Objectives
Understand and apply the principles of double-entry bookkeeping.
Prepare financial statements for different types of entities, including sole proprietorships, partnerships, and companies.
Apply International Financial Reporting Standards (IFRS) to basic financial reporting scenarios.
Analyze and interpret financial statements to assess organizational performance.
Understand the conceptual framework of financial reporting and its relevance to decision-making.Understand and apply the principles of double-entry bookkeeping.
Prepare financial statements for different types of entities, including sole proprietorships, partnerships, and companies.
Apply International Financial Reporting Standards (IFRS) to basic financial reporting scenarios.
Analyze and interpret financial statements to assess organizational performance.
Understand the conceptual framework of financial reporting and its relevance to decision-making.
Requirements
- Basic numeracy skills and an interest in financial concepts (no prior experience required).
- Access to ACCA-approved study materials and past questions for practice.
- Commitment to attending lectures, engaging in discussions, and completing practice exercises.
Target Audience
- ACCA candidates starting their Applied Knowledge Level qualification.
- Aspiring accountants and finance professionals seeking foundational knowledge of financial reporting.
- Business students and professionals aiming to understand the preparation and use of financial statements.
- Entrepreneurs and managers looking to improve their understanding of financial accounting principles.