Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

OpenLearning

FIA FA1 Recording Financial Transactions (Full Course Sep'25 sitting)

via OpenLearning

Overview

Master AI & Machine Learning for 50% Off
Go under the hood of AI — neural networks, real-world applications & more. Designed by UNSW experts.
Enroll Now
Full preparation course for the FIA FA1 Recording Financial Transactions exam. Covers types of business transactions and their documentation, the duality concept and double-entry bookkeeping, the banking system, payroll transactions, general ledger accounts, cash and bank records, sales and purchases on credit, reconciliations, and preparation of the trial balance. Suited to newcomers to accounting and candidates sitting the FA1 paper.

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

Reviews

Start your review of FIA FA1 Recording Financial Transactions (Full Course Sep'25 sitting)

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.