Financial Accounting

The Financial Accounting paper looks at the theory of accounting and its application to practical situations.

Financial Accounting learning outcomes:

1. Explain and identify accounting concepts and the regulatory purpose of accounting standards
2. Describe, prepare and summarise basic accounting records
3. Identify accounting concepts in presenting financial statements for sole traders and limited companies
4. Describe and explain the financial position and performance of an organisation

In addition to comprehensive syllabus targeted material our Learning & Practice Workbook offers:

• Exam focus - we have taken account of recent exams, guidance the examiner has given and the assessment methodology
• Help to study in the way that best suits your learning style and the time you have available
• Assistance with creating a personal study plan
• A way to review your progress through Fast forwards, Exam focus points, Chapter roundups and Quick quizzes
• Exam question bank containing AIA exam-standard questions with answers