Acca F3 Financial Accounting - Basic Financial Statements

Case Study model course to equip you to prepare for ACCA F3 Financial Accounting Exams

What you'll learn
Preparing Basic Financial Statements
Requirements
Basic knowledge of Financial Accounting
Description
Welcome to this "ACCA F3 Financial Accounting" courseThis 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 periodBy 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.

Overview

Section 1: Gross Profit Calculation

Lecture 1 Case 1 - Gross Profit Calculation

Lecture 2 Case 2 - Gross Profit Calculation

Lecture 3 Case 3 - Gross Profit Computation

Section 2: Accounting Equation

Lecture 4 Case 4 - Accounting Equation Part 1

Lecture 5 Case 4 - Accounting Equation Part 2

Lecture 6 Case 4 - Accounting Equation Part 3

Section 3: Cash Flow Statement

Lecture 7 Computation of Operational Cash Flows

Lecture 8 Cash Flow Direct Method Case Study

Lecture 9 Identify nature of Activity - Cash Flow Items

Lecture 10 Cash Flow - Operating Activity Items

Lecture 11 Cash Flow - Investment Activity Items

Lecture 12 Cash Flow - Operating Activity Items - Identify Mistakes

Lecture 13 Case - Computing Operating Cash Flows

Lecture 14 Case - Prepare Cash Flow Statement

Lecture 15 Case - Prepare Cash Flow from Investing Activities

Section 4: Consolidated Profit / Loss

Lecture 16 Preparation of Consolidated Profit or Loss Statement

Lecture 17 Select items belonging to Statement of Financial Position

Lecture 18 Treatment of Rental Income in Statement of Profit / Loss

Lecture 19 Computation of Profit / Loss

Lecture 20 Case Study: Prepare Statement of Profit & Loss and Financial Position

Section 5: Incomplete Records

Lecture 21 Computation of Sales Revenue

Lecture 22 Computation of Closing Capital

Lecture 23 Calculation of Sales from available information

Lecture 24 Case - Compute amount to be charged to Income Statement

Lecture 25 Case - Computation of Purchases

Section 6: Events after the reporting period

Lecture 26 Events after reporting period

Section 7: Last Section

Lecture 27 Bonus Lecture

ACCA F3 Students