The course

• 1

  Start here

  Section A: 35 two-mark objective test questions; Section B: two 15-mark multi-task questions; 2 hours; pass mark 50%

  Free: A tour of the Financial Accounting exam
• 2

  Foundations: syllabus areas A to C

  Areas A, B and C hold 25 of the 154 study guide outcomes

  Free: Context, principles and qualitative characteristics18 questionsFree: Double entry and accounting systems24 questions
• 3

  Recording transactions and events: area D

  Area D holds 72 of the 154 study guide outcomes

  Sales, purchases, sales tax and discounts20 questionsInventories22 questionsTangible and intangible non-current assets36 questionsAccruals, prepayments, accrued and deferred income20 questionsReceivables and payables24 questionsProvisions, contingencies and events after the reporting period20 questionsCapital structure and finance costs22 questions
• 4

  Reconciliations and the trial balance: areas E and F

  Areas E and F hold 23 of the 154 study guide outcomes

  Bank and control account reconciliations24 questionsTrial balance, errors and suspense accounts26 questions
• 5

  Preparing financial statements: area G

  Area G holds 20 outcomes; Section B always has a 15-mark accounts preparation question

  Preparing financial statements28 questionsStatement of cash flows18 questionsIncomplete records16 questions
• 6

  Groups and interpretation: areas H and I

  Areas H and I hold 14 outcomes; Section B always has a 15-mark consolidation question

  Consolidated financial statements36 questionsInterpretation of financial statements16 questions
• 7

  Timed practice exams

  Two full papers: 35 two-mark questions and two 15-mark multi-task questions in two hours.

  Two practice exams