What is Financial Accounting?
There are essentially two parts to financial accounting. Firstly, collecting and recording vital data and transactions in an organization. Secondly, reporting this information to the major stakeholders in that organization. Consequently, financial accountants are very important members of staff.
Why should you study Financial Accounting?
Financial accounting jobs are interesting and well paid. Generally, they are part of the executive and senior management team. In addition, other managers also need to understand the ideas and methods involved in this area in order to do their jobs well.
Will this course help me in Professional Examinations?
Yes, the course covers all the main concepts and techniques that you need to know. It follows the syllabus of the ACCA, Financial Accounting FA Applied Knowledge course. It can also be used for other accounting qualifications, including Certified Public Accountants CPA, Chartered Accountant CA and Association of Accounting Technicians AAT.
What is the style of teaching?
The course is split into fourteen sections and then within each section there are a number of short lessons. Each new topic is introduced and then it is explained using a mixture of videos of myself teaching in a classroom, cartoons explaining the important concepts and then detailed teaching of each topic. At the end of each section there is a short quiz to ensure you understood that section. Answers and explanations are given.
The course is designed to be as practical as possible. It is aimed at a person who is currently training as an accountant, someone who is taking accounting and finance at university or someone who needs to understand these topics as part of their job.
Why should I take this course?
I qualified as a Chartered Accountant with PwC in London and then worked for twenty years as an accountant. Over the last ten years I have taught accounting in a university. I understand the practical day to day work of an accountant, but also have a lot of experience of helping students to do well and pass their accounting exams. At the end of term students have rated my teaching very highly.
Are there any requirements?
You do not need at previous knowledge. The course is designed to start at the basics and then move slowly so that students can easily understand this subject.