ACCA Financial Accounting and Bookkeeping, The Key Concepts

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.