F3 Financial Accounting

 

Syllabus:

 

  • Introduction to F3 (Financial Accounting)
  • Introduction to accounting
  • The regulatory framework
  • The qualitative characteristics of financial information
  • Sources, records and books of prime entry
  • Ledger accounts and double entry
  • From trial balance to financial statements
  • Inventory
  • Tangible non-current assets

 

  • Mid-term exam 1 and its revision

 

  • Intangible non-­current assets
  • Accruals and prepayments
  • Provisions and contingencies
  • Irrecoverable debts and allowances
  • Sales tax
  • Control accounts
  • Bank reconciliations
  • Correction of errors
  • Incomplete records
  • Preparation of financial statements for sole traders
  • Introduction to company accounting

 

  • Mid-term exam 2 and its revision

 

  • Preparation of financial statements for companies
  • Events after the reporting period
  • Statements of cash flow
  • Introduction to consolidated financial statements
  • The consolidated statements of financial position
  • The consolidated statements of profit or loss
  • Interpretation of financial statements
  • Revision

 

  • Practice and preparation for Mock Exam

 

  • Mock Exam

 

Duration: Approximately 60-65 hours

 

Fee: AZN 450 per person