Learn fundamental accounting principles and master double-entry bookkeeping through this comprehensive course designed for the FIA FA2 Maintaining Financial Records June 2025 examination. Develop essential skills in preparing journal entries, maintaining general ledger accounts, and recording various business transactions and events. Practice performing reconciliations and preparing trial balances while learning to identify and correct common accounting errors. Master the process of creating year-end manual journal entries and preparing complete financial statements. Gain specialized knowledge in partnership accounting principles and procedures. Build a solid foundation in accounting concepts and characteristics that form the basis of financial record-keeping in professional practice.
Overview
Syllabus
- Explain accounting principles, concepts and characteristics
- Describe the principles and process of double-entry bookkeeping
- Prepare journal entries and general ledger accounts
- Record transactions and events
- Perform reconciliations
- Prepare a trial balance (including identifying and correcting errors)
- Process year-end manual journal entries and prepare financial statements
- Account for partnerships
Taught by
UOWMPAC online