ACCA FIA FA1 - Recording Financial Transactions

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Description

This is the first course in the ACCA FIA Introductory Certificate in Financial and Management Accounting Programme. On completion of this course students will have the understanding of basic accounting systems that get used daily in the workplace. This course develops the understanding of the operational aspects of maintaining accounting records and procedures and how to record these transactions in the books of the organisation. Included is an introduction to the principles of double entry and how a computerised and a manual accounting system work.

Accreditation

The Association of Chartered Certified Accountants (ACCA)

Entrance requirement

At least 16 years of age

Grade 10 with a good understanding of English and Mathematics

Duration

This course can be completed in 3- 6 months

Outline

•Business transactions and documentation 

•Double entry system 

•Banking system and transactions 

•Payroll 

•Ledger accounts 

•Cash and Bank 

•Sales and Credit transactions 

•Purchases and Credit transactions 

•Reconciliation 

•Preparing the trail balance 

Assessment

This course can be sat on demand, so when you feel ready to sit the exam you can do so at a Computer Based Exam (CBE) centre near you or if you’d prefer to do a paper-based exam you can do so in June and December.

*As ACCA is a professional accountancy body, it is important for them to ensure all students are aware of how to work and act in a professional and ethical manner. Because of this all students will need to complete Foundations in Professionalism. This can be done online and completed either before or after your exams.

Award

At the end of this course you will be awarded a SACOB certificate of completion. On completion of both the FA1 and MA1 course, ACCA will award you with a Certificate in Financial and Management Accounting.

Fees






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