CIMA-BA3-Fundamentals of Financial Accounting

Course description:

In BA3 students will obtain a practical understanding of financial accounting and the process behind the preparation of financial statements for single entities.

These statements are prepared within a conceptual and regulatory framework requiring an understanding of the role of legislation and of accounting standards. The need to understand and apply necessary controls for accounting systems, and the nature of errors is also covered. There is an introduction to measuring financial performance with the calculation of basic ratios.

Learning outcomes:

On successful completion of this paper, candidates should be able to understand a

• A. Accounting Principles, Concepts and Regulations (10%)

• B. Recording Accounting Transactions (50%)
• C. Preparation of Accounts for Single Entities (30%)
• D. Analysis of Financial Statements (10%)

Certification:

The Certificate in Business Accounting is a stand-alone qualification and you will be awarded the designatory letters ‘CIMA Cert BA’ upon completion of BA1, BA2, BA3 and BA4

Course features:

• Lectures : 24
• Revision class: 3
• Quiz: 3
• Mock Tests : 2
• Availability: on demand at any of the 5,500 Pearson VUE centres around the world
• Length: 2 hours
• Exam format: 60 objective test questions
• Duration: 4 Months
• Language : English
• Students: 10
• Assessments: Computer Based Exam
• Certificate on completion of BA3: No