Learn financial accounting concepts, techniques, and financial statement preparation in this ACCA-X course.
Learn financial accounting concepts, techniques, and financial statement preparation in this ACCA-X course.
Dive into financial accounting with this comprehensive ACCA-X course. Learn to record and summarize financial transactions, interpret financial statements, and master double-entry bookkeeping. Ideal for aspiring junior accountants, entrepreneurs, or those preparing for ACCA's Financial Accounting (FA) exam. No prior knowledge required. The course covers financial reporting context, accounting systems, transaction recording, trial balance preparation, and basic financial statement creation for various entities. Gain essential skills to understand business financial health and prospects.
4.5
(59 ratings)
6,268 already enrolled
Instructors:
English
English
What you'll learn
Understand the context and purpose of financial reporting
Explain qualitative characteristics of financial information
Apply double-entry accounting systems
Record financial transactions and events accurately
Prepare a trial balance and identify errors
Create basic financial statements for various entity types
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
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Module Description
This course provides a comprehensive introduction to financial accounting. It covers the fundamentals of recording and summarizing financial transactions, preparing and interpreting financial statements, and understanding the principles of double-entry bookkeeping. Students will learn about the context and purpose of financial reporting, qualitative characteristics of financial information, and how to use accounting systems. The course also teaches how to record transactions and events, prepare a trial balance, and create basic financial statements for both incorporated and unincorporated entities. Additionally, it covers the interpretation and preparation of simple consolidated financial statements. This knowledge is crucial for anyone looking to work in financial accounting departments, start their own business, or prepare for ACCA's Financial Accounting exam.
Fee Structure
Instructors
7 Courses
Empowering Financial Professionals Through ACCA Education
Krutika Adatia serves as the Digital Learning Lead at ACCA (Association of Chartered Certified Accountants), specializing in finance and accounting solutions. Her expertise is evident in the diverse range of courses she teaches under the ACCA banner. These courses cover essential areas of financial management, including Financial Accounting, Management Accounting, Business and Technology, Bookkeeping (both introductory and intermediate levels), and Management Accounting (introductory and intermediate). Through these comprehensive programs, Krutika plays a crucial role in shaping the next generation of accounting and finance professionals, equipping them with the knowledge and skills needed to excel in the rapidly evolving financial landscape.
7 Courses
Fostering Financial Expertise Through ACCA's Digital Community
Isobel Wroath holds the position of Digital Community Manager at ACCA (Association of Chartered Certified Accountants), specializing in finance and accounting solutions. Her role extends beyond community management as she contributes to ACCA's educational mission by teaching a comprehensive suite of courses. These include Financial Accounting, Management Accounting, Business and Technology, as well as introductory and intermediate levels of both Bookkeeping and Management Accounting. Through her expertise and dedication, Isobel plays a vital role in nurturing a digital community of aspiring finance professionals while simultaneously imparting crucial knowledge across various domains of accounting and financial management.
Testimonials
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4.5 course rating
59 ratings
Frequently asked questions
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