Unit: Recording Financial Transactions (FA1)
The aim of this unit is to develop a knowledge and understanding of the main types of business transactions and documentation, and how these are recorded in an accounting system up to the trial balance stage.
There are no formal entry requirements; however, it is important that you have good basic skills in numeracy and literacy which will be assessed during the enrolment process.
Length of unit 10 weeks (not including exam)
Study options 9.30 am to 12.30 pm or 5.30 pm
to 8.30 pm
Duration of session 3 hours
Cost of unit £250
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. 50 multiple choice 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 2 Diploma in Financial and Management Accounting you will be required to complete the Management Information unit (MA1).
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 explain and understand the following: