The ACCA Financial Accounting (FA/FIA) course develops knowledge and understanding of the underlying principles and concepts of financial accounting and their practical application in maintaining financial records and preparing financial statements.
The paper covers the entire accounting cycle — from recording transactions, maintaining ledgers, and making adjustments, to preparing complete financial statements for both incorporated and unincorporated entities in accordance with IFRS.
By the end of this course, learners will have a strong foundation in financial reporting, enabling progression to higher-level ACCA papers such as FR and AA.
Who is this Course For?
- ACCA students preparing for the FA/FIA exam at Applied Knowledge level.
- Beginners in accounting who want to understand double-entry bookkeeping and preparation of financial statements.
- Professionals seeking to strengthen their understanding of accounting fundamentals.
- Business managers wanting insights into financial reporting for decision-making.
- Anyone aspiring to a career in accounting, auditing, or finance.
Yes, a basic understanding of mathematics and business transactions is useful, though not compulsory.
The FA exam is computer-based, with objective test questions (OTs) and multi-task questions (MTQs).
FA builds a solid foundation in accounting principles, preparing you for advanced ACCA subjects and enhancing employability in accounting and finance roles.
It is practical, with a focus on applying double-entr.
