Learning Options
- Live Interactive Sessions
- Dedicated 1-to-1 Tutor Support (30-min Weekly)
- Expert Trainers with Industry Experience
- Flexible Schedule
- Networking Opportunities
- High Pass Rates
- 24/7 Personalised Support
- Online Video-Based Learning
- Flexible Schedule
- Expert Trainers with Industry Experience
- High Pass Rates
- 24/7 Personalised Support
- Interactive Learning Materials
Overview
Financial Accounting (FA) equips learners with essential financial reporting skills, focusing on preparing, analysing, and interpreting financial statements. This course is critical for understanding accounting standards, ensuring compliance, and fostering confidence in financial decision-making, making it invaluable for anyone pursuing a career in finance or accounting.
This course is ideal for learners aspiring to establish or advance their careers in accounting or finance. It supports professional development by providing a strong foundation in financial accounting, enhancing skills to meet industry demands, and paving the way for career progression in finance and business management.
This course, provided by MPES, is part of the ACCA Applied Knowledge Suite. It is designed to build core accounting expertise and prepare learners for advanced studies within the ACCA pathway. Completing this course enables learners to develop in-demand skills, enhancing employability and contributing to professional success.
Course Objectives
Understand key accounting principles and their applications
Learn to prepare financial statements
Analyse and interpret financial reports effectively
Develop knowledge of key accounting standards
Ensure compliance with financial regulations
Gain insight into maintaining accurate financial records
Build foundational skills for advanced accounting studies
Upon completing this course, learners will gain practical skills in financial accounting, enabling them to prepare, analyse, and interpret financial information with accuracy and confidence, contributing effectively to organisational success.
Average completion time
1 Monthwith unlimited support
100% onlineStart anytime
Study At Your Own PaceBlended Learning
Study At Your Own PaceCourse Includes
- Expert-led Sessions
- Digital Delegate Pack
- 24/7 Tutor Support
- Downloadable Resources & Challenges
- Interactive Learning
- Exercise Files
- Scenario-Based Learning
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Educational Background: You need at least two A Levels and three GCSEs in five subjects including English & Mathematics
Language Proficiency: Learners should have a good command of English, as all course materials, assessments, and discussions are conducted in English.
Interest in Accounting: This course is ideal for individuals with a keen interest in building real life application-level knowledge and pursuing further ACCA qualifications.
Learning Outcomes
Financial Statement Preparation: Learn to prepare accurate financial statements, ensure compliance with accounting standards and support informed decision-making.
Analysing Financial Information: Develop the ability to analyse and interpret financial data, identify trends and support strategic business decisions effectively.
Understanding Accounting Standards: Gain comprehensive knowledge of key accounting standards, ensuring accurate reporting and adherence to financial regulations.
Building Foundational Skills: Establish a solid foundation for advanced accounting studies and practical application in professional financial accounting roles.
Target Audience
Aspiring Accountants
Finance Officers
Business Analysts
Audit Assistants
Tax Professionals
Financial Controllers
Entrepreneurs
This course is ideal for individuals seeking to build or enhance their financial accounting skills for career growth in finance:
Course content
Module 1: The Context and Purpose of Financial Reporting
Module 2: Accounting Principles, Concepts and Qualitative Characteristics
Module 3: The Use of Double-entry Bookkeeping and Accounting Systems
Module 4: Recording Transactions and Events
Module 5: Reconciliation
Module 6: Preparing a Trial Balance
Module 7: Preparing Financial Statements
Module 8: Preparing Basic Consolidated Financial Statements
Module 9 Interpretation of Financial Statements
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
ACCA Salary Growth
Career Growth Stories
MPES Learning offers globally recognised courses in accounting,
Arvy Pasanting
As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons.
Arvy PasantingDavid Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising both their “in class” and online learning opportunities that fit around the needs of my employer.
David FordAaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron AllcoteBob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob BeaumontGeorge Evans
The Financial Risk Management Course at MPES was invaluable in deepening my understanding of risk assessment and mitigation strategies. The hands-on learning approach allowed me to apply new concepts directly to my work. I highly recommend it for professionals in finance.
George EvansJames Robinson
As a financial consultant, I am always seeking ways to enhance my expertise. The Investment Analysis Course at MPES exceeded my expectations, offering practical skills and knowledge that I can apply immediately in my consulting work. It's an outstanding choice for professionals in finance.
James RobinsonLaura Bennett
The Corporate Finance Course I attended at MPES was transformative. The depth of knowledge shared by the instructors and the relevance of the topics covered have directly impacted on our financial strategy. I strongly endorse this program for anyone in a leadership position in finance.
Laura BennettEmma Johnson
The Financial Modeling and Valuation Course at MPES was incredibly insightful. The practical applications and real-world examples helped solidify my understanding of complex concepts. I highly recommend this course to anyone looking to enhance their financial acumen.
Emma JohnsonACCA Roadmap
Have Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. What does this course cover?
The course covers recording financial transactions, preparing statements, adhering to IFRS, and understanding the fundamentals of financial accounting processes.
Q. Do I need prior experience to register for this course?
No prior experience is necessary. This
course is suitable for beginners or those starting their journey in financial
accounting and reporting.
Q. What skills will I gain from this training?
You’ll learn transaction recording,
financial statement preparation, and compliance with international accounting
standards, building a strong foundation for advanced finance roles.
Q. How is the course delivered?
The course includes theoretical lessons,
practical exercises, and case studies, ensuring participants understand and
apply financial accounting concepts effectively.
Q. Will I receive a recognised qualification?
Yes, upon completion, you’ll earn the ACCA Applied Knowledge Financial Accounting Certification, recognised globally and valued by employers worldwide.
Q. What does the Financial Accounting (FA) course cover?
The Financial Accounting (FA) course covers essential topics such as preparing and interpreting financial statements, understanding accounting standards, and ensuring compliance with financial regulations. Learners gain skills to analyse financial data effectively, supporting informed decision-making. This foundational course is crucial for advancing in finance and accounting roles and provides practical knowledge applicable in real-world scenarios.
Q. How does this course benefit my career in accounting or finance?
This course equips learners with vital financial reporting skills, building confidence in preparing and analysing financial data. It strengthens your accounting knowledge, enhances employability, and prepares you for advanced studies in the ACCA pathway. Employers value these skills, which are essential for roles in financial management, auditing, or business decision-making.
Q. Is the Financial Accounting (FA) course suitable for beginners?
Yes, the course is ideal for beginners or those with limited accounting experience. It introduces fundamental financial accounting concepts and focuses on building essential skills. This makes it a perfect starting point for learners aiming to pursue a career in finance or accounting.
Q. What skills will I develop by completing this course?
Learners will gain practical skills in financial statement preparation, financial data analysis, and understanding accounting standards. These competencies ensure accurate reporting, compliance with regulations, and support effective financial decision-making.
Q. How is the knowledge gained in this course applicable to real-world scenarios?
The course provides practical accounting skills that can be immediately applied in professional settings. Learners will confidently handle tasks like preparing financial statements, interpreting data, ensuring compliance with standards, supporting businesses effectively.
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Resources
Access a wide range of free resources to support your learning journey. From blogs to news and podcasts, these valuable guides are available at no cost to help you succeed.
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