ACCA Financial Accounting and Bookkeeping, The Key Concepts
What you'll learn
- Understand Bookkeeping
- Record Transactions using the Double Entry Principle
- Prepare Financial Statements for Sole Traders and Companies
- Analyze Financial Statements
Requirements
- No Experience Required. You will learn from Scratch
- You will need a Desktop or Laptop Computer
Description
ACCA Financial Accounting will equip you with the tools to pass the ACCA Financial Accounting Paper. Financial Accounting forms part of the ACCA Level 1 qualification. Your will learn Double Entry, Ledger Accounts, Bank Reconciliation, Trial Balance, Correction of Errors as well as Company Accounts. The course will also introduce you to various Financial Concepts such as nominal value of shares , rights issue and share premium. Having gone through the various topics and practiced the different questions, you will be able to sit the ACCA Financial Accounting Paper online. The ACCA Financial Accounting Paper consists of a multiple choice section as well as a longer version of questions which will test your skills on financial statements, Consolidation Accounts as well as Cash Flow Statements. Once you pass the ACCA Financial Accounting Paper, you can move up your ACCA journey by studying for the Financial Reporting Paper and the Strategic Business Reporting Paper. Upon completion of the course, you will also demonstrate proficiency in the interpretation of financial statements for Sole Traders and Companies as well as simple group of companies. The foundations of ACCA consists of 100% compulsory questions to assess your knowledge across the board. The ACCA Financial Accounting Exam can be taken online and on demand, therefore you decide the pace of your learning.
Who this course is for:
- Accounting and Finance Students
- Accounts Clerk
Instructor
- 4.6 Instructor Rating
- 235 Reviews
- 9,035 Students
- 2 Courses
Shaktee Ramtohul is a seasoned professional with 20 years of experience in Banking, Finance, Consultancy, and Higher Education. With a career spanning several key sectors, he has demonstrated his expertise and passion for the financial industry, complemented by his commitment to education and continuous learning.
In 2012, Shaktee transitioned to the role of a Business Consultant, specializing in Accounting and Tax, showcasing his versatility in the financial consultancy domain. His passion for economic and financial matters brings him to actively participate in radio/online discussions and interventions, providing insights into the local and international economic landscape. He also regularly contributes to various articles in both local press and international platforms such as Bloomberg Finance. Additionally, he established a notable presence on YouTube with a channel dedicated to Business, Finance, Banking, and Entrepreneurship.
On top of his consultancy work, Shaktee is a part-time Lecturer in Accounting, Finance and Business Management at several Business School and Universities 10 years now.
Shaktee is a Fellow of the Association of Chartered Certified Accountants (ACCA); a Fellow of the Higher Education Academy in the UK and has a Post Graduate Certificate in Higher Education from Middlesex University.