01 / ABOUT THIS PAPER
Built around the FA exam
Our FA course is organised into six areas: Context & Purpose of Financial Reporting, Double-Entry Accounting, Recording Transactions, Preparation of Trial Balance, Basic Financial Statements and Interpretation of Financial Statements. Each area comes with exam-style practice questions in the LMS.
Global pass rate: 71% (June 2026 sitting, source: ACCA)
02 / SYLLABUS
What the course covers
01
Context & Purpose of Financial Reporting
- Scope and purpose of financial statements
- Users' and stakeholders' information needs
- Main elements of financial reports
- Regulatory framework for accounting
- Duties of those charged with governance
02
Double-Entry Accounting
- Accounting equation and duality concept
- Ledger accounts and double-entry rules
- Books of prime entry and source documents
- Journal entries and corrections
- Control accounts and reconciliations
03
Recording Transactions
- Sales and purchases transactions
- Cash and bank transactions
- Inventory valuation (FIFO, weighted average)
- Tangible non-current assets and depreciation
- Accruals, prepayments, and bad debts
04
Preparation of Trial Balance
- Trial balance extraction and errors
- Correction of errors and suspense accounts
- Bank reconciliations
- Payroll transactions
- Extended trial balance
05
Basic Financial Statements
- Statement of financial position
- Statement of profit or loss
- Statement of cash flows (basic)
- Accounting policies and notes
- Events after the reporting period
06
Interpretation of Financial Statements
- Profitability and return ratios
- Liquidity and working capital ratios
- Efficiency and asset turnover ratios
- Gearing and solvency ratios
- Limitations of financial ratio analysis
03 / YOUR TEACHERS
Meet your teachers
SS
Sheikh Siyaf
Managing Director
JF
Javeriya Firdous
Academic Director
More teachers will be added soon.
04 / KEEP EXPLORING