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LifestyleACCA FA1 Recording Financial Transactions (Udemy.com)
ACCA Foundation level. Foundation in Accountancy (FIA). Introductory certificate in financial and management accounting.
Created by: Ruth McDougall
Last updated August 2015
What you will learn
- Understanding the basic types of business transactions & documentation
- Understanding duality of transactions & the double entry system
- Understanding the basics of the banking system & transactions
- Understanding the basics of payroll
- Introduction to ledger accounts
- Understanding to the basics of cash & bank
- Introduction to sales & credit transactions
- Introduction to purchases & credit transactions
- Introduction to reconciliations
- Preparing the trial balance
How it compares
Against the other 200 rated Udemy courses in Accounting on CourseDuck:
- Rating4.0 out of 5higher than 3% of them
- Reviews654#81 of 201 by number of reviews
- Length3.3 hoursshorter than 73% of them
- Last updatedAugust 2015earlier than 97% of them
Course Description
ACCA's FA1 Recording financial transactions paper is the first paper in the ACCA's foundation level qualification. It is an international course which aims to introduce students to the basic accounting systems up to the trial balance stage and the types of documentation you would encounter in the workplace.
No previous knowledge of accounting, additional material or software is required for this paper. In order to sit the ACCA exam students must apply direct to ACCA for student membership and exam entry.
In this course students will learn about:
- Business transactions, the banking system and double entry bookkeeping
- Payroll and ledger accounts
- Reconciliation and preparing the trial balance
This course is for complete beginners, providing a starting point for those wanting to pursue a career in accounting as an accounting technician or those wanting to become a professional accountant but who may not meet the entry requirements to start their studies straight away with the ACCA qualification.
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Instructor Details
- 4.0 Rating
654 Reviews
Ruth McDougall
My name is Ruth McDougall, I am a part qualified accountant through ACCA (The association of chartered certified accountants), and an ICB (Institute of Certified Bookkeepers) approved learning provider.
I started my accountancy studies many years ago with the ACCA's foundation in accounting and progress from there through the ACCA's fundamental papers and more recently the ACCA's professional papers. For two of my ACCA exams I placed within the top 10 highest scorers in the world. This prompted me to do a lot of research into teaching styles and learning techniques.
I love the learning portal provided by udemy. I believe it to be a very efficient and effective way of learning, one that lends itself very well to students studying towards ACCA foundation in accounting and ICB qualifications.
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Reviews
By Marcin Stężała on 5/24/2023
the value in question is British ponds and answers are in dollars, I thought that we need to re calculate value to dollars, but no.
By Sepas on 1/7/2023
No eye contact and stereotypical reading causes exhaustibility and out-of-pointedness. Better It had been on board with a natural voice and character - as a face to face tuition
By Najam Saqib on 12/14/2021
This course if u have a basic understanding of the subject. Sometimes, in the quiz sections, when you select the correct answer, it says you are wrong.
By Anonymized User on 3/28/2021
A lot of useful information,. I like the quizzes at the end of each chapter. It will be good to have some materials that could be downloaded.
By Areeba Masood on 1/6/2021
It helped me a lot , to understand the basics of accounting and is very beneficial for beginners. I was looking for lectures who could actually teach me like an beginner and I got it.Thanks to Udemy. If someone asks me I would definitely prefer it for their beginning course
By Anonymized User on 7/15/2020
I like the structuring of the course and all topics, I have learnt more new things I didn't know. Thanks so much. 5 stars from me
By Danait Zeamanuel on 1/3/2020
Udemy is amazing when I start learning with udemy i understand easily it's very helpfull I can even express my feeling right now I'm very happy I understand everything easily good to know udemy.
By Taisiya Kazarinova on 5/31/2019
The course is given in very simple accounting language, thank you for that. But still there are some errors to be reviewed (lectures, mock exam questions).
By Destiny Mapenzi on 3/2/2019
The explanation is simplified and therefore makes it easier to understand.However,too many errors in the transcript is inconveniencing.
By Lezanne Waithe on 9/24/2018
Yes so far its good. I like the quizzes in between. It encourages the sense of progression The course was good, however questiin 41 if the exam seems to be messed up abit where option a and d are both the same but only 1 is accepted as correct
Quality Score
No CourseDuck member has rated this course yet. Taken it? Give each part a thumbs up or down.
Overall Score : 80 / 100
- Video Duration:
3.3h - Price: $44.99
- Provider: Udemy
- Updated:
August 2015 - Level:
Beginner - Language:
English - Certificate:
Yes
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