Unit: Financial Accounting (FFA)
The aim of this unit is to develop a knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.
There are two ways to be able to enter into this level of study:
You have completed ACCA (RQF Level 3) Diploma in Financial and Management Accounting.
You have 3 GCSE’s and 2 A Levels (or equivalent qualifications) including maths and English, and you are working in an accounting environment.
Length of unit 7 weeks (not including exam)
Study options (Weekday) 9.30 am to 12.30 pm and 1.30 pm to 4.30 pm
Duration of session 6 hours
Cost of unit £300
Cost includes: Classroom structured tuition, all study resources, additional on-line support, full mock assessment.
Additional cost: Exam booked with external exam centre. Current price approximately £90
Assessment method: Computer based exam. Two sections: Section A contains 35 short questions. Section B contains 2 detailed questions. 2 hours in length. Pass mark 50%
ACCA membership: To be eligible to study any ACCA qualification you must be a fully paid member of the association. Costs will be quoted on the ACCA website.
Qualification Attained: To attain the full RQF Level 4 Diploma in Accounting and Business (Applied Knowledge) you will be required to complete the Accountant in Business unit (FAB) and Management Accounting unit (FMA).
Check through this list of questions and if you answer 5 or more with a Yes response then this may be the course for you.
Syllabus Content: On successful completion of this unit, candidates should be able to: