ACCA – Financial Accounting
Although this course is specifically designed for those aiming to pass the ACCA exam on financial accounting, the course may help any professional to understand and to apply the main rules of Financial Accounting. The course starts with really basic concepts like "debit" and "credit" and ends with the mechanic of consolidated financial statements. By following this course you will learn and understand the main principles governing the accounting, how to account under IFRS for the main transactions of a company (sales and purchases, incomes and expenses, fixed assets and intangible assets, accruals and provisions and how to use the capital accounts), you will learn how to close a financial period so as to have all the date to write the financial statements and you will also learn how to treat the events happening after the end of financial period. You will learn how to assess and write the Statement of Financial Position, the Statement of Profit or Loss and Other Comprehensive Incomes, the Statement of Changes in Equity and the Statement of Cash Flow. You will learn the basic technique to consolidate the financial statements and to write the Consolidated Statement of Financial Position and the Consolidated Statement of profit or Loss and other Comprehensive Incomes. You will understand the information presented in the financial statements and you will learn how to assess the financial performance of a company. All examples are real-life examples preparing you to apply all learned concepts in your professional life. Your tutor will follow your progress and will provide you feedback every time you need it. We are proud to state that, probably due to the great interactivity of our courses, all our students passed the ACCA exams. The course is in English but for Romanian native speakers, feedback may be provided in Romanian. The average length of this course is 30 hours. Once you purchase this course, your enrollment will be active until 15 December.
The flow of financial information
Recording transactions and events
Finalising the financial statements
Groups' financial statements
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