Book Description

Written by experts, every page of the Foundations Financial Accounting Study Text is packed with knowledge from ACCA tutors who bring their 20+ years’ of experience, directly to you. With the Foundations Financial Accounting Study Text, you’ll gain a thorough understanding of double-entry accounting techniques in the preparation of basic financial statements.

Complementing the Foundations Financial Accounting Exam Kit, the Study Text is packed with exam tips and advice, and supplemented with FREE online materials, via; MyKaplan. As a recognised ACCA Content Partner, you can be confident that our latest material covers the full syllabus, with exam-focused preparation across all topics.

Topics covered:

The context and purpose of financial reporting

The qualitative characteristics of financial information

The use of double-entry and accounting systems

Recording transactions and events

Preparation of a trial balance (including identifying and correcting errors)

Preparation of basic financial statements for incorporated and unincorporated entities

Preparation of simple consolidated financial statements

Principles of the regulatory framework relating to accounts preparation

Interpretation of financial statements