Intermediate Financial Accounting
Intermediate Financial Accounting
Intermediate Financial Accounting: A comprehensive detailed course by UK experienced lecturer & Chartered accountant. Must do for professional & university students as well as small businesses & aspiring accountants.
Overview
Learn beginners to advanced level of Bookkeeping , financial accounting, preparation of financial statements get a certificate of double recognition from Reed & Accounting Lecture at the end of the course, boost your CV & keep your boss happy with impressive work. Free accounting course included.
This is a comprehensive Accounting & Bookkeeping course which will increase your confidence in daily accounting work.
This course is will help you to pass AAT level 2 & 3, CAT, ACCA, AQA A level accounting exam as well as other professional & academic exams.
The course is developed with years of research , guided by a Chartered Accountant & experienced UK lecturer.
You may claim CPD hours after course completion.
Description
Your practice to pass course of AAT level 3(AVBK) Advanced Bookkeeping & final accounts preparation (FAPR). You will learn from Zero to pro of Financial accounting
*Comprehensive pre-recorded bite size hd video lectures using BPP materials.
*Course materials can be accessed online.
*Short quizzes.
*All questions and test your learnings covered from text book.
*20+ hours of lectures in small videos.
*Guaranteed satisfaction & plenty of practice.
*Revision mock video.
*Social media Student community where thousands students getting help and sharing resources.
*Top AAT country leading tutor.
All you need to do is sit with a pen, paper & calculator, watch our vides, practice & pass you exams.
Professionals in bookkeeping & accounting will gain valuable knowledge on financial accounting
Curriculum
Bookkeeping Transaction
Books of prime entry
Sales related day books
Purchases related day books
Double entry
Activity 1
Balancing accounts
VAT
Trial Balance
Questions
Accounting principles
SOFP/Balance sheet Proforma
SPL/Income statement Proforma
Accounting Equation
Organisational Policies & Procedures
Ethical Fundamental principles
Threats to fundamental principles
Test your understanding
Purchase of non current assets
Introduction of non current assets
Capital Vs Revenue Expenditure
VAT on Non current asset
Authorising Capital expenditure
Accounting of Non Current assets
Test Your understanding
Depreciation of non current assets
What is depreciation
Straight line depreciation
Diminishing method
Units of production method
Assets acquared part way through
Accounting for depreciation
Test Your Understanding
Disposal of non current assets
Introduction
Disposal of non current assets
Part Exchange
Assets disposed partway through
Non current asset register
Question practice
Summary double entry
Test your understanding
Accruals & prepayments
Accruals of expenses
Reversal of accruals
Prepaid expenses
Reversal of prepaid expenses
Accrued income
Reversal of accrued income
Prepaid income
Reversal of prepaid income
PAPA ALLA
Trial balance extract
Summary
Test your understanding
Inventories
Inventory intro & Cost of goods sold
Inventory Quantity & valuation
Calculating cost of inventory from selling price
Fifo,Lifo & Avco theory
Closing inventory reconciliation
Test your understanding
Irrecoverable & doubtful debt
Introduction
Irrecoverable debt/ Bad debt
Recovery of irrecoverable debt
Doubtful debt
Adjustment of allowance for doubtful debt
Summary
Test your understanding
Bank reconciliation statements
BRS reason of differences in cash book & bank statement balance
Steps to update cash book & BRS
BRS long question Activity 1
Assessment question 1
Assessment style Activities
Knowledge test activity
Test your understanding
Control accounts
Introduction
SLCA / Receivables ledger control accounts
PLCA / Payables ledger control accounts
Reconciling supplier statement
Discounts
Contra entry
Activity 1 & 2
Assessment style question 1
Assessment style question 2
Payroll
Test your understanding
Suspense accounts
Introduction
COPCOR errors not shown by trial balance
Errors cause imbalance in trial balance
Suspense accounts
Adjustments & extended trial balance
Trial balance extract activities
Test your understanding
Extended/Adjusted trial balance
Introduction
Extended TB Activity 1
Adjustments recap
Inventories in ET
Completing ET
Final steps
Test your understanding
Organisation & their final accounts
Types of business
Companies act
LLP / Limited liability partnership
Ethics
Threats to ethical independence
Data protection & security
Test your learning
Incomplete records
Introduction & errors in accounts
VAT recap
SLCA, VAT & Bank
PLCA, SLCA & Bank
Markup & margin
Accounting Equation
Goods drawings
Test your learning
Accounting for sole trader
SPL Proforma
SOFP proforma
Examples of SPL & SOFP
Assessment style task
COGS in Trial balance
Test your learning
Accounts for partnership
Introduction & partnership agreement
Appropriation & current account
Capital account
Financing section
Activity 1
Activity2
Current account debit balance
Changes to partnership
Goodwill
SOFP
Test your learning
Advanced bookkeeping with Final accounts preparation, become an accountant, boost CV get a certificate, lifetime access.
Url: View Details
What you will learn
- Double entry
- Accounting Equation
- Ledgers & balancing accounts
Rating: 2.5
Level: Intermediate Level
Duration: 20.5 hours
Instructor: Md Ilias Rubel ACCA, MBA
Courses By: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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