Learn to record and process various business transactions through comprehensive coverage of double-entry bookkeeping principles, transaction documentation, and banking systems. Master payroll processing, general ledger account preparation, and the recording of cash, bank, sales, credit, and purchase transactions. Develop skills in performing reconciliations and preparing trial balances while understanding the duality of transactions and proper documentation requirements for the FIA FA1 June 2025 examination sitting.
Overview
Syllabus
- Describe types of business transactions and documentation
- Explain the duality of transactions and double-entry bookkeeping
- Summarise the banking system and transactions
- Process payroll transactions
- Prepare general ledger accounts
- Record cash and bank transactions
- Record sales and credit transactions
- Record purchases and credit transactions
- Perform reconciliations
- Prepare the trial balance
Taught by
UOWMPAC online