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Financial Accounting (FA)
9 sections available · 35 chapters available
Free Financial Accounting (FA) study notes for ACCA students. Each chapter covers a key topic with examples and practice prompts you can continue inside the thinka app.
A. The context and purpose of financial reporting
B. Accounting principles, concepts and qualitative characteristics
C. The use of double-entry bookkeeping and accounting systems
D. Recording transactions and events
Sales and purchases
Cash
Inventories
Tangible non-current assets
Depreciation
Intangible non-current assets and amortisation
Accrued expenses (accruals), prepaid expenses (prepayments), accrued income, and deferred income
Receivables and payables
Provisions and contingencies
Capital structure and finance costs
E. Reconciliations
F. Preparing a trial balance
G. Preparing financial statements
H. Preparing basic consolidated financial statements
I. Interpretation of financial statements
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