Maintaining Financial Records
Advanced bookkeeping for partnerships and companies
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What's Included
Course Overview
Building on FA1, this course covers more complex accounting scenarios including partnerships, incomplete records, and preparation of financial statements.
Detailed Syllabus
Regulatory framework of financial reporting
Incomplete records and mark-ups
Partnership accounts and changes
Introduction to company accounts
Control accounts and bank reconciliations
Correction of errors and suspense accounts
What You'll Learn
Prepare partnership accounts and handle changes in partnerships
Reconstruct accounts from incomplete records
Maintain control accounts and perform reconciliations
Understand basic company accounting requirements
Apply accruals and prepayments concepts
Who Should Take This?
Students who have completed FA1 or have basic bookkeeping knowledge.
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