Learn the underlying principles and concepts of financial accounting, accounting techniques and the preparation of basic financial statements. You’ll demonstrate technical proficiency in the use of double-entry techniques, including the preparation and interpretation of basic financial statements for sole traders, partnerships, companies and simple groups of companies.
1. The scope and purpose of financial
statements for external reporting
2. Users’ and stakeholders’ needs
3. The main elements of financial reports
4. The regulatory framework (legislation and regulation, reasons and limitations, relevance of accounting standards)
5. Duties and responsibilities of those
charged with governance.
1. The qualitative characteristics of
1. Double-entry book-keeping principles including the maintenance of accounting records and sources of accounting information
2. Ledger accounts, books of prime entry, and journals
1. Sales and purchases
4. Tangible non-current assets
6. Intangible non-current assets and
7. Accruals and prepayments
8. Receivables and payables
9. Provisions and contingencies
10. Capital structure and finance costs
1. Trial balance
2. Correction of errors
3. Control accounts and reconciliations
4. Bank reconciliations
5. Suspense accounts
1. Statements of financial position
2. Statements of profit or loss and other comprehensive income
3. Disclosure notes
4. Events after the reporting period
5. Statements of cash flows
6. Incomplete records
1. Importance and purpose of analysis of financial statements
3. Analysis of financial statements
The courses have been tailored by our experts to maximise your chances of exam success. They have been purpose designed using specific educational milestones which build on each other as the course progresses. The videos must be viewed in the given order to ensure you obtain both the required knowledge as well as the necessary techniques to pass your exams.
eBook versions of the study materials are included within your course. The vast majority of our students prefer the portability of eBooks over hardcopies. However, if you do have a strong preference to have hardcopy versions of the books then you can purchase them directly from the Kaplan Publishing website via the following link.
This is a learning reinforcement exercise and helps you take on board your new knowledge. The questions in the quiz are not exam standard questions though but instead are designed to help maximise your chances of retaining the knowledge you have obtained. Your dashboard on the homepage will show your performance at each quiz when compared to the overall average mark for all Synthesis Learning students.
You have a button called “contact your tutor” on each page of the learning portal except the dashboard/landing page. Click on the contact your tutor button and address your question to your tutor. Your tutor will aim to respond to your query within one working day. ExP operates a fair use policy for questions and the maximum number of questions you can ask your tutor per course is ten.
Our recommendation is to register for 2 courses at one time if you are an experienced student and are confident that you can balance the complexity of 2 professional exams as well as your work and personal commitments. Otherwise, we recommend starting with one course at a time and once you pass that one you can immediately enroll to the next one.
It’s important for us to monitor pass rates to ensure that our courses remain at the very forefront of quality eLearning education. It will also enable you have access to the Pass Guarantee scheme if applicable. In addition, if you are an employer funded student, it is important that your employer as your sponsor receives correct and complete reports on your progress and exam results.
Once you have been using your eLearning portal for two weeks, the study plan will start learning your study style and will make an adaptive plan unique to your own pattern of learning. The study plan will guide you with your studies and will recommend when you should view your tutorials according to your own learning pattern. You can also add dates when you will not be available for studying (for example, if you will be on holiday) and your study plan will adjust to take this into account.
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