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ACCA: FA (F3) Financial Accounting (Udemy.com)

Let's get to grasps of how to perform the basics of financial accounting.

Created by: Rowan Malherbe

Last updated January 2019

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What you will learn

  • Explain the context and purpose of financial reporting
  • Define the qualitative characteristics of financial information
  • Demonstrate the use of double-entry and accounting systems
  • Record transactions and events
  • Prepare a trial balance (including identifying and correcting errors)
  • Prepare basic financial statements for incorporated and unincorporated entities
  • Prepare simple consolidated financial statements
  • Interpretation of financial statements
  • And much more...

How it compares

Against the other 200 rated Udemy courses in Accounting on CourseDuck:

  • Rating4.5 out of 5higher than 49% of them
  • Reviews2,540#27 of 201 by number of reviews
  • Length5.2 hoursshorter than 57% of them
  • Last updatedJanuary 2019earlier than 87% of them

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Course Description

This purposefully designed course aims to foster the development of knowledge and understanding concerning the foundational principles and concepts integral to financial accounting. It also seeks to instill technical proficiency in the application of double-entry accounting techniques, encompassing the preparation of fundamental financial statements. Additionally, the course endeavors to guide students and learners through diverse accounting techniques relevant to the everyday world of finance, concurrently preparing them for examinations.

Key Learning Components:

  1. Foundational Principles and Concepts: Acquire a comprehensive understanding of the underlying principles and concepts that form the bedrock of financial accounting.

  2. Technical Proficiency: Develop technical proficiency in the application of double-entry accounting techniques, honing skills essential for accurate and effective financial record-keeping.

  3. Financial Statement Preparation: Master the art of preparing basic financial statements, providing a practical application of theoretical knowledge in financial reporting.

  4. Everyday Accounting Techniques: Explore a spectrum of accounting techniques pertinent to real-world financial scenarios, equipping students and learners with practical skills applicable in diverse finance-related contexts.

  5. Examination Readiness: Prepare effectively for examinations by gaining not only theoretical knowledge but also practical proficiency, ensuring a well-rounded approach to assessment success.

This course is designed to empower individuals with the requisite knowledge and skills to navigate the intricacies of financial accounting. By blending theoretical foundations with hands-on technical proficiency, participants will not only be adept at preparing financial statements but will also be well-equipped to apply varied accounting techniques in their day-to-day financial activities. The course's multifaceted approach ensures comprehensive readiness for both practical financial scenarios and academic examinations.

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Instructor Details

Rowan Malherbe

Rowan Malherbe is an experienced ACCA lecturer and finance professional with a passion for making complex accounting, financial reporting, auditing and business concepts easier to understand and, most importantly, easier to apply.

His courses on Udemy have reached more than 18,000 learners worldwide, with thousands of student reviews across his portfolio of accounting, finance, auditing and business courses.

Rowan's approach to teaching is practical and exam-focused. He believes that knowing the technical content is only part of the challenge. Students also need to understand how to apply their knowledge, approach difficult questions, communicate their answers effectively and perform under examination conditions.

This philosophy is at the heart of his ACCA courses.

Rather than simply teaching students what they need to know, Rowan focuses on helping them understand how to use what they know to earn marks.

His teaching draws on extensive professional experience in accounting, auditing, financial reporting and professional education, together with years of experience teaching ACCA students.

Rowan's courses are designed to make challenging concepts accessible without oversimplifying them. Whether explaining an accounting standard, breaking down an examination requirement or demonstrating how to approach a complex scenario, his objective is always the same:

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Reviews

4.5

2,540 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Khoi Anh Tran on 3/28/2026

This is first time I learned relevant to Financial Accounting, I main learn IT, especial is Information Security, I will to understand this course

By Nikolay Kostov on 6/4/2024

Very comprehensive, people with little to no prior knowledge can easily understand and follow along. Maybe more examples could be implemented and maybe there are more further on in the course. I've not finished it yet.

By Owusu Osei on 1/30/2021

A really good course. Everything i have learned so far is relevant. As someone who has done accounting at uni level, this is good revision

By Anna-Mariana Solovei on 1/27/2021

I like it:) I recommend you to provide more examples and if possible prepare some more practical tasks to do ))) Thank you

By Renoldah Xitsundzuxo Ntimane on 11/14/2020

Preparing financial statement

By Bayan Albasri on 10/22/2020

pretty understandable

By Diana Romano on 9/27/2020

I am speechless, I was not expecting a so well-tailored and interesting course! My compliment to the teacher that I will follow all the way through my ACCA.

By Satyajit S Chitale on 8/4/2020

To the point & easy to understand. excellent course till now.

By John Mulligan on 7/19/2020

I had already gained exemptions for the ACCA FA exam module and this was a great revision course for me. Thank you so much. It covers all the necessary accounting principles and standards with examples. I am now ready for the FR module.

By Anh Minh N Dang on 7/19/2020

so far so good

By Maryna Andriichenko on 7/10/2020

great course with understandable examples

By Clive Lubasi on 7/6/2020

very good material

Showing 12 of 44 reviews

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Quality Score

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Overall Score : 90 / 100