Accounting Basics: ACCA/CIMA/CMA/CA/AAT/Cambridge/Edexcel

Gain a solid foundation in basic accounting concepts with this comprehensive course! Perfect for students preparing for professional accounting exams like ACCA, CIMA, CMA, CA, AAT, Cambridge, and Edexcel. We break down complex topics with question-based explanations for enhanced understanding and a well-structured learning flow.

By the end of this course, you'll possess a comprehensive understanding of fundamental accounting principles, providing a strong kickstart for advanced accounting studies. No prior accounting knowledge is required – we cover everything from the ground up!

Here's a detailed look at the areas we'll explore:

• Foundation for Accounting: Establish a strong base in accounting principles.
• Accounting Equation: Understand the core principle of balance.
• Double Entry Bookkeeping: Master the fundamental accounting method.
• Accounting Process: Learn the step-by-step process of recording financial transactions.
• Source Documents: Understand the importance of supporting documentation.
• Prime Entry Books: Learn to record initial transactions.
• Ledgers: Understand how to organize and summarize financial data.
• Discounts: Learn to calculate and apply discounts.
• Capital and Revenue: Differentiate between capital and revenue expenditures.
• Accruals and Prepayments: Understand and apply accrual accounting.
• Sales Tax (VAT): Learn about sales tax principles.
• IAS 16 - Property, Plant, and Equipment (PPE): Understand accounting for fixed assets.
• Salaries and Wages: Learn how to account for employee compensation.
• Fixed Asset Register: Maintain an accurate record of fixed assets.
• Irrecoverable Debt and Allowance for Receivables: Manage bad debts.
• IAS 02 - Inventories: Understand inventory valuation methods.
• Trial Balance: Prepare a trial balance to ensure accounting equation balance.
• Sole Trader Financial Statements: Learn to prepare financial statements for sole traders.
• Extended Accounting Equation: Understand the expanded accounting equation.
• Profit Markup and Margin: Calculate and interpret profit margins.
• Bank Reconciliation: Reconcile bank statements with accounting records.

This course is ideal for:

• ACCA students
• CIMA students
• CMA students
• CA students
• AAT students
• Cambridge OL and AL students
• Edexcel OL and AL students
• College students
• University students
• Anyone seeking basic accounting knowledge

What you'll get:

• 18 hours of high-quality video content
• Lifetime access to the course materials
• Free downloadable resources to support your learning

About the Lecturer:

I have extensive experience teaching ACCA, CIMA, Cambridge, Edexcel, and other accounting qualifications. I'm known for my ability to explain complex concepts in a clear, logical, and easy-to-understand manner. I've had the privilege of mentoring several World Prize Winners and Country Prize Winners in the ACCA qualification.