The FA1 course, also known as “Recording Financial Transactions”, is a foundational course within the ACCA Diploma in Accounting and Business. It covers fundamental principles of accounting and recording financial transactions. The course typically includes topics such as the accounting equation, double-entry bookkeeping, ledger accounts, trial balance, financial statements (including the income statement and statement of financial position), accounting for sales and purchases, cash and bank transactions, and basic principles of VAT. Through FA1, students acquire essential skills in recording, summarizing, and reporting financial transactions accurately, laying the groundwork for further studies in accounting and finance.
The FA2 course, also known as “Maintaining Financial Records”, is another foundational course within the ACCA Diploma in Accounting and Business. It focuses on developing practical skills in maintaining financial records and preparing basic financial statements. The course typically covers topics such as accounting for non-current assets, depreciation, accounting for inventories, accounting for liabilities, preparation of statements of cash flows, and basic principles of partnership accounts. Additionally, students learn about control accounts and reconciliations, adjustments to financial statements, and accounting systems and processes. Through FA2, students gain hands-on experience in accurately maintaining financial records and preparing essential financial statements, essential for a career in accounting and finance.
The MA1 course, a component of the ACCA Diploma in Accounting and Business, covers fundamental principles of management information crucial for decision-making in organizations. Topics include cost classification and behavior, cost-volume-profit analysis, budgeting, standard costing, performance measurement, financial analysis, decision-making techniques, and ethics in management accounting. Students learn to interpret financial information, apply quantitative techniques in decision-making, and uphold ethical standards. The course concludes with revision and exam preparation to ensure comprehension and readiness for assessment.
The MA2 course, also known as “Managing Costs and Finance”, is another essential component of the ACCA Diploma in Accounting and Business. It delves into advanced concepts related to cost management and financial decision-making. The course typically covers topics such as costing methods, cost allocation and apportionment, overhead absorption, marginal and absorption costing, activity-based costing, pricing strategies, budgetary control, variance analysis, performance management, and investment appraisal techniques. Through MA2, students develop a comprehensive understanding of cost management principles, financial planning, and analysis, enabling them to make informed financial decisions and contribute effectively to organizational success.
The FA2 course, also known as “Maintaining Financial Records”, is another foundational course within the ACCA Diploma in Accounting and Business. It focuses on developing practical skills in maintaining financial records and preparing basic financial statements. The course typically covers topics such as accounting for non-current assets, depreciation, accounting for inventories, accounting for liabilities, preparation of statements of cash flows, and basic principles of partnership accounts. Additionally, students learn about control accounts and reconciliations, adjustments to financial statements, and accounting systems and processes. Through FA2, students gain hands-on experience in accurately maintaining financial records and preparing essential financial statements, essential for a career in accounting and finance.
The FFA (Financial Accounting and Reporting) ACCA paper offers a comprehensive exploration of financial accounting principles and reporting standards essential for aspiring accountants. Covering topics such as preparation and presentation of financial statements, accounting frameworks, and interpretation of financial data, the FFA paper equips candidates with the knowledge and skills to analyze, interpret, and communicate financial information effectively. The FFA paper not only enhances technical proficiency but also fosters an understanding of the broader financial landscape, ensuring candidates are well-prepared to meet the challenges of today’s dynamic business environment.
Miss Iqra is an exceptionally dedicated and accomplished teacher within the ACCA realm, where she brings forth a vast reservoir of knowledge and expertise to the subjects she instructs. Possessing an unwavering passion for the intricate realms of finance and accounting, she possesses a unique ability to captivate the attention of her students. Through her engaging teaching style, Miss Iqra adeptly navigates through complex concepts, ensuring they are not only comprehensible but also relatable to her students’ practical experiences. Her commitment to excellence and her innate talent for imparting knowledge make her an invaluable asset in nurturing the next generation of accounting professionals.
Our Specialised LMS provides student with the course in well structured manner which ensure effective and efficient study. Customized Testing system in our LMS helps a student to have actual exam experience while attempting homeworks and Mock Exams.
To discover further key features of our LMS, including Access to recorded lectures library, specialized testing system, access to course attachments and comprehensive progress reports, watch our tutorial video.
This Course is currently only available in Urdu Language
This Course is currently only available in Urdu Language
This Course is currently only available in Urdu Language
