3.90 (5 reviews)
☑ Preparing Basic Financial Statements
Welcome to this "ACCA F3 Financial Accounting" course
This course is structured in a way to enable you to prepare for ACCA F3 Financial Accounting exams.
By taking this course, you will be able to practice case studies in Basic Financial Statements topic. You will get exposure on
- Recognise how the accounting equation, accounting treatments underlie the statement of financial position.
- Calculate gross profit
- Calculate Cash flows from operating activities
- Consolidated Profit / Loss
- Incomplete Records
- Events after the reporting period
By taking this course you will gain absolute confidence and authority in Preparing Basic Financial Statements chapter. Please note, this course covers only the case studies to enable u to practice more.
Remember - practice makes man perfect and this course will help you to achieve that perfection.
This course is structured in self-paced learning style. You can listen course lectures any number of times as the course comes with life time access.
For effective listening, please use your headset. While watching lectures, please have a notepad and pen alongside, so that you can take notes of important points.
See you inside the course.
Gross Profit Calculation
Case 1 - Gross Profit Calculation
Case 2 - Gross Profit Calculation
Case 3 - Gross Profit Computation
Case 4 - Accounting Equation Part 1
Case 4 - Accounting Equation Part 2
Case 4 - Accounting Equation Part 3
Cash Flow Statement
Computation of Operational Cash Flows
Cash Flow Direct Method Case Study
Identify nature of Activity - Cash Flow Items
Cash Flow - Operating Activity Items
Cash Flow - Investment Activity Items
Cash Flow - Operating Activity Items - Identify Mistakes
Case - Computing Operating Cash Flows
Case - Prepare Cash Flow Statement
Case - Prepare Cash Flow from Investing Activities
Consolidated Profit / Loss
Preparation of Consolidated Profit or Loss Statement
Select items belonging to Statement of Financial Position
Treatment of Rental Income in Statement of Profit / Loss
Computation of Profit / Loss
Case Study: Prepare Statement of Profit & Loss and Financial Position
Computation of Sales Revenue
Computation of Closing Capital
Calculation of Sales from available information
Case - Compute amount to be charged to Income Statement
Case - Computation of Purchases
Events after the reporting period
Events after reporting period
It is good to have all the examples to follow, it will be great to have a minimum definition of the subject to be reviewed , at least for the beginners . There is a chapter with audio very low (it need to be fixed)