ACCA FIA FFA – Financial Accounting

This is the second subject in the ACCA FIA Diploma in Accounting and Business Programme. This subject develops the knowledge and understanding of the principles and concepts relating to financial accounting as well as the technical proficiency in the use of double entry techniques and the preparation and interpretation of basic financial statements for sole traders, companies and simple groups of companies.

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Description

This is the second subject in the ACCA FIA Diploma in Accounting and Business Programme. This subject develops the knowledge and understanding of the principles and concepts relating to financial accounting as well as the technical proficiency in the use of double entry techniques and the preparation and interpretation of basic financial statements for sole traders, companies and simple groups of companies.

Accreditation

The Association of Chartered Certified Accountants (ACCA)

Overview

•Financial reporting
•Qualitative characteristics of financial information
•Use of double-entry and accounting systems
•Recording transactions and events
•Preparation of a trial balance and correcting errors
•Basic financial statements for incorporated and unincorporated entities
•Simple consolidated financial statements
•Interpretation of financial statements

Qualification

At the end of this subject you will be awarded a SACOB certificate of completion. On completion of the FAB, FFA and FMA course, ACCA will award you with a Diploma in Accounting and Business.

Requirements

Grade 12 with a good understanding of English and Mathematics or
The completion of the Introductory and/or Intermediate Certificate in Financial and Management Accounting.

Duration

This subject can be completed in 3- 6 months

Packages

Home Study

The Home Study Package offers:

• Textbooks
• Study guides
• Workbooks - Not for all subjects
• Lecturer Support - via Email, Phone and access to the Student Question & Answer Platform

Online Classroom

The Full Online Classroom Package builds on the Home Study Package and provides you with the digital resources that may be available for your course as well as giving you access to the SACOB Online Classroom. The Online Classroom Package offers:

• Video Kit
• Study maps
• Study plans
• Lecturer/Concept videos
• Quizzes
• Assessment downloads and uploads
• SACOB Student Forum

Assessment

This subject 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.

What's next

You can continue your studies with SACOB and ACCA and complete more subjects that make up this qualification.