Master the art of financial accounting and bookkeeping. Our course offers flexible learning options and expert support. Enroll now! Read more.
Shaktee Ramtohul is a seasoned professional with 20 years of experience in Banking, Finance, Consultancy, and Higher Education. With a career spanning several key sectors, he has demonstrated his expertise and passion for the financial industry, complemented by his commitment to education and continuous learning. Starting his career as a Corporate Assistant at Barclays Bank Plc Mauritius, Shaktee quickly advanced to the role of Corporate Relationship Manager at Banque Des Mascareignes Lt
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Get Started with All Access PassBuy Only This CourseAbout This Course
Who this course is for:
- Accounting and Finance Students
- Accounts Clerks
What you’ll learn:Â
- Understand the fundamentals of financial accounting and bookkeeping
- Record transactions using the double-entry principle
- Create financial statements for both sole traders and companies
- Analyze financial statements
Requirements:Â
- No prior knowledge is required to take this course.
This ACCA Financial Accounting course would equip you with the critical skills and competencies to ensure excellent performance in the ACCA Level 1 Financial Accounting examination. You are taught the following major topics:
- Double-entry book-keeping
- Ledger accounts
- Reconciliation of bank statements
- Trial balance
- Correction of errors
- Company accounts
- Nominal value of shares
- Rights issues
- Share premiums
Exam Preparation:
The course provides comprehensive coverage of the ACCA Financial Accounting exam, which includes both multiple-choice questions and longer-format questions. You’ll practice various questions to enhance your understanding and prepare for the exam.
Career Benefits:
Upon completing this course, you’ll be able to:
- Interpret financial statements for sole traders, companies, and simple groups of companies
- Demonstrate proficiency in ACCA Financial Accounting principles
- Continue your ACCA journey by studying for Financial Reporting and Strategic Business Reporting papers
Check out this link for ACCA Financial Accounting and Bookkeeping Part 1
Our Promise to You
By the end of this course, you will have mastered the fundamental principles of financial accounting and bookkeeping, including double-entry bookkeeping, financial statement preparation, and financial analysis techniques.
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today!
Course Curriculum
| Section 11 - Payables, Provisions And Contingent Liabilities | |||
| Introduction To IAS 37 | 00:00:00 | ||
| Discussion Points IAS 37 | 00:00:00 | ||
| Exam Practice IAS 37 | 00:00:00 | ||
| Summary IAS 37 | 00:00:00 | ||
| Section 12 - Capital Structure And Finance Costs | |||
| Introduction To Capital Structure And Finance Costs | 00:00:00 | ||
| Types Of Shares And Loan Notes | 00:00:00 | ||
| Redeemable And Irredeemable Preference Shares | 00:00:00 | ||
| Nominal Value Of Shares | 00:00:00 | ||
| Recording Issue Of Shares | 00:00:00 | ||
| Accounting For Rights Issue Of Shares | 00:00:00 | ||
| Bonus Issue Of Shares | 00:00:00 | ||
| Rights Issue And Share Premium Combined | 00:00:00 | ||
| Introduction To Dividend | 00:00:00 | ||
| Introduction To Loan Notes | 00:00:00 | ||
| Loan Notes Practice Question | 00:00:00 | ||
| Introduction To Preference Dividend | 00:00:00 | ||
| Practice Question Preference And Ordinary Dividend | 00:00:00 | ||
| Introduction To Income Tax | 00:00:00 | ||
| Income Tax Computation | 00:00:00 | ||
| Section 13 - Control Account Reconciliations | |||
| Introduction To Control Accounts | 00:00:00 | ||
| Dealing With Returns In Control Accounts | 00:00:00 | ||
| Dealing With Early Settlement Discounts In Control Accounts | 00:00:00 | ||
| Dealing With Contra Entry In Control Accounts | 00:00:00 | ||
| Credit Balances In Receivable Ledger Control Accounts | 00:00:00 | ||
| Preparing Receivables Ledger Control Accounts | 00:00:00 | ||
| Control Account Reconciliation | 00:00:00 | ||
| Practice Question Receivables Ledger Control Account | 00:00:00 | ||
| Section 14 - Bank Reconciliations | |||
| Introduction To Bank Reconciliation | 00:00:00 | ||
| Timing Differences | 00:00:00 | ||
| Items In The Bank Statement And Not In The Cash Book | 00:00:00 | ||
| Errors In The Cash Book | 00:00:00 | ||
| MCQ Question On Bank Reconciliation | 00:00:00 | ||
| Full Bank Reconciliation Question | 00:00:00 | ||
| Section 15 - Trial Balance, Errors And Suspense Accounts | |||
| Introduction To Correction Of Errors | 00:00:00 | ||
| Errors Where Trial Balance Still Balances | 00:00:00 | ||
| Errors Not Affecting The Trial Balance Part 2 | 00:00:00 | ||
| Journal Entries Correction Of Errors | 00:00:00 | ||
| Suspense Accounts | 00:00:00 | ||
| Section 16 - Preparing Basic Financial Statements | |||
| Introduction To Financial Statements | 00:00:00 | ||
| Preparing Financial Statements Part 1 | 00:00:00 | ||
| Preparing Financial Statements Part 2 | 00:00:00 | ||
| Section 17 - Incomplete Records | |||
| Incomplete Records Question 1 | 00:00:00 | ||
| Incomplete Records Question 2 | 00:00:00 | ||
| Incomplete Records Question 3 | 00:00:00 | ||
| Incomplete Records Question 4 | 00:00:00 | ||
| Gross Profit Mark Up And Margin | 00:00:00 | ||
| Incomplete Records Question 5 | 00:00:00 | ||
| Incomplete Records Question 6 | 00:00:00 | ||
| Incomplete Records Question 7 | 00:00:00 | ||
| Incomplete Records Question 8 | 00:00:00 | ||
| Section 18 - Statement Of Cash Flows | |||
| Introduction To Statement Of Cash Flow | 00:00:00 | ||
| Components Of Statement Of Cash Flow | 00:00:00 | ||
| Cash Generated From Operations | 00:00:00 | ||
| Cash Flow From Investing And Financing Activities | 00:00:00 | ||
| Section 19 - Interpretation Of Financial Statements | |||
| Introduction To Interpretation Of Financial Statements | 00:00:00 | ||
| Profitability Ratios Lecture 1 | 00:00:00 | ||
| Net Asset Turnover Ratio | 00:00:00 | ||
| Liquidity Ratios | 00:00:00 | ||
| Efficiency Ratios | 00:00:00 | ||
| Gearing Ratios | 00:00:00 | ||
| Section 20 - Consolidation Accounts | |||
| Introduction To Group Accounts | 00:00:00 | ||
| Structure Of Group Accounts | 00:00:00 | ||
| Goodwill Calculation | 00:00:00 | ||
| Full Consolidation Question | 00:00:00 | ||
About This Course
Who this course is for:
- Accounting and Finance Students
- Accounts Clerks
What you’ll learn:Â
- Understand the fundamentals of financial accounting and bookkeeping
- Record transactions using the double-entry principle
- Create financial statements for both sole traders and companies
- Analyze financial statements
Requirements:Â
- No prior knowledge is required to take this course.
This ACCA Financial Accounting course would equip you with the critical skills and competencies to ensure excellent performance in the ACCA Level 1 Financial Accounting examination. You are taught the following major topics:
- Double-entry book-keeping
- Ledger accounts
- Reconciliation of bank statements
- Trial balance
- Correction of errors
- Company accounts
- Nominal value of shares
- Rights issues
- Share premiums
Exam Preparation:
The course provides comprehensive coverage of the ACCA Financial Accounting exam, which includes both multiple-choice questions and longer-format questions. You’ll practice various questions to enhance your understanding and prepare for the exam.
Career Benefits:
Upon completing this course, you’ll be able to:
- Interpret financial statements for sole traders, companies, and simple groups of companies
- Demonstrate proficiency in ACCA Financial Accounting principles
- Continue your ACCA journey by studying for Financial Reporting and Strategic Business Reporting papers
Check out this link for ACCA Financial Accounting and Bookkeeping Part 1
Our Promise to You
By the end of this course, you will have mastered the fundamental principles of financial accounting and bookkeeping, including double-entry bookkeeping, financial statement preparation, and financial analysis techniques.
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today!
Course Curriculum
| Section 11 - Payables, Provisions And Contingent Liabilities | |||
| Introduction To IAS 37 | 00:00:00 | ||
| Discussion Points IAS 37 | 00:00:00 | ||
| Exam Practice IAS 37 | 00:00:00 | ||
| Summary IAS 37 | 00:00:00 | ||
| Section 12 - Capital Structure And Finance Costs | |||
| Introduction To Capital Structure And Finance Costs | 00:00:00 | ||
| Types Of Shares And Loan Notes | 00:00:00 | ||
| Redeemable And Irredeemable Preference Shares | 00:00:00 | ||
| Nominal Value Of Shares | 00:00:00 | ||
| Recording Issue Of Shares | 00:00:00 | ||
| Accounting For Rights Issue Of Shares | 00:00:00 | ||
| Bonus Issue Of Shares | 00:00:00 | ||
| Rights Issue And Share Premium Combined | 00:00:00 | ||
| Introduction To Dividend | 00:00:00 | ||
| Introduction To Loan Notes | 00:00:00 | ||
| Loan Notes Practice Question | 00:00:00 | ||
| Introduction To Preference Dividend | 00:00:00 | ||
| Practice Question Preference And Ordinary Dividend | 00:00:00 | ||
| Introduction To Income Tax | 00:00:00 | ||
| Income Tax Computation | 00:00:00 | ||
| Section 13 - Control Account Reconciliations | |||
| Introduction To Control Accounts | 00:00:00 | ||
| Dealing With Returns In Control Accounts | 00:00:00 | ||
| Dealing With Early Settlement Discounts In Control Accounts | 00:00:00 | ||
| Dealing With Contra Entry In Control Accounts | 00:00:00 | ||
| Credit Balances In Receivable Ledger Control Accounts | 00:00:00 | ||
| Preparing Receivables Ledger Control Accounts | 00:00:00 | ||
| Control Account Reconciliation | 00:00:00 | ||
| Practice Question Receivables Ledger Control Account | 00:00:00 | ||
| Section 14 - Bank Reconciliations | |||
| Introduction To Bank Reconciliation | 00:00:00 | ||
| Timing Differences | 00:00:00 | ||
| Items In The Bank Statement And Not In The Cash Book | 00:00:00 | ||
| Errors In The Cash Book | 00:00:00 | ||
| MCQ Question On Bank Reconciliation | 00:00:00 | ||
| Full Bank Reconciliation Question | 00:00:00 | ||
| Section 15 - Trial Balance, Errors And Suspense Accounts | |||
| Introduction To Correction Of Errors | 00:00:00 | ||
| Errors Where Trial Balance Still Balances | 00:00:00 | ||
| Errors Not Affecting The Trial Balance Part 2 | 00:00:00 | ||
| Journal Entries Correction Of Errors | 00:00:00 | ||
| Suspense Accounts | 00:00:00 | ||
| Section 16 - Preparing Basic Financial Statements | |||
| Introduction To Financial Statements | 00:00:00 | ||
| Preparing Financial Statements Part 1 | 00:00:00 | ||
| Preparing Financial Statements Part 2 | 00:00:00 | ||
| Section 17 - Incomplete Records | |||
| Incomplete Records Question 1 | 00:00:00 | ||
| Incomplete Records Question 2 | 00:00:00 | ||
| Incomplete Records Question 3 | 00:00:00 | ||
| Incomplete Records Question 4 | 00:00:00 | ||
| Gross Profit Mark Up And Margin | 00:00:00 | ||
| Incomplete Records Question 5 | 00:00:00 | ||
| Incomplete Records Question 6 | 00:00:00 | ||
| Incomplete Records Question 7 | 00:00:00 | ||
| Incomplete Records Question 8 | 00:00:00 | ||
| Section 18 - Statement Of Cash Flows | |||
| Introduction To Statement Of Cash Flow | 00:00:00 | ||
| Components Of Statement Of Cash Flow | 00:00:00 | ||
| Cash Generated From Operations | 00:00:00 | ||
| Cash Flow From Investing And Financing Activities | 00:00:00 | ||
| Section 19 - Interpretation Of Financial Statements | |||
| Introduction To Interpretation Of Financial Statements | 00:00:00 | ||
| Profitability Ratios Lecture 1 | 00:00:00 | ||
| Net Asset Turnover Ratio | 00:00:00 | ||
| Liquidity Ratios | 00:00:00 | ||
| Efficiency Ratios | 00:00:00 | ||
| Gearing Ratios | 00:00:00 | ||
| Section 20 - Consolidation Accounts | |||
| Introduction To Group Accounts | 00:00:00 | ||
| Structure Of Group Accounts | 00:00:00 | ||
| Goodwill Calculation | 00:00:00 | ||
| Full Consolidation Question | 00:00:00 | ||
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