ACCA FA – Financial Accounting
Categories: ACCA & Accountancy
Course Content
Getting Started
What financial accounting is for, who uses it, and how the exam is set.
-
Why Financial Accounting Exists
Recorded Class Sessions
Every live class with Ali, in order. Watch, read the notes, then test yourself.
-
Class 1 — What Financial Accounting Is For
-
Class 2 — Users, Regulation and the Qualities of Good Information
-
Class 3 — The Accounting Equation
-
Class 4 — Double Entry: Debits and Credits
-
Class 5 — Ledger Accounts, Books of Prime Entry and the Trial Balance
-
Class 6 — Sales Tax
-
Class 7 — Inventory: Cost, Net Realisable Value and Valuation
-
Class 8 — Non-Current Assets: Recognition and Capital vs Revenue
-
Class 9 — Depreciation: Methods and Entries
-
Class 10 — Disposals, Part-Exchange and the Asset Register
-
Class 11 — Accruals and Prepayments
-
Class 12 — Irrecoverable Debts and the Allowance for Receivables
-
Class 13 — Provisions, Contingent Liabilities and Contingent Assets
-
Class 14 — Bank Reconciliation
-
Class 15 — Control Accounts and Reconciliations
-
Class 16 — Correction of Errors and the Suspense Account
-
Class 17 — Preparing the Statement of Profit or Loss
-
Class 18 — Preparing the Statement of Financial Position
-
Class 19 — Incomplete Records
-
Class 20 — Company Accounts: Share Capital, Reserves and Tax
-
Class 21 — Statement of Cash Flows
-
Class 22 — Consolidation 1: The Group, Goodwill and the Consolidated Position
-
Class 23 — Consolidation 2: Consolidated Profit or Loss and Associates
-
Class 24 — Interpretation 1: Profitability and Efficiency Ratios
-
Class 25 — Interpretation 2: Liquidity, Gearing and the Limitations of Ratios
-
Class 26 — Exam Technique and the Multi-Task Questions
-
Class 27 — Final Revision and Mock Debrief
-
Course Materials — Study Text & Exam Kit
Double Entry & the Accounting Equation
-
The Accounting Equation in Practice
Recording Transactions
Sales, purchases, cash, inventory, non-current assets and the ledgers that hold them.
-
Recording Day-to-Day Transactions
Period-End Adjustments
Accruals, prepayments, depreciation, irrecoverable debts and provisions.
-
Making the Period-End Adjustments
From Trial Balance to Financial Statements
Corrections, suspense accounts, and building the statements themselves.
-
From Trial Balance to Published Statements
Consolidated Financial Statements
Simple groups: goodwill, the consolidated position and performance.
-
Simple Group Accounts
Interpretation & Exam Practice
-
Ratios, Interpretation and Passing the Exam