Course details
This Preparatory Course provides candidates with a rigorous programme to be equipped with the knowledge and skills required to pass the Introductory Certificate in Financial and Management Accounting for the purpose of attaining the said qualification, which is globally recognized and relevant.
Entry Requirements
- Minimum 16 years old plus
- IELTS 4.5 or pass in English language at GCE ‘N’ level or its equivalent
- No other academic requirement
Course Outline
Recording Financial Transactions (FA1)
This module introduces the candidate the fundamentals of preparing and recording financial documentations from the originating documents and processing ledger transactions up to the trial balance stage, including relevant banking procedures, cash recording, journal entry and relevant control accounts.
Topics to be covered include:
- Types of business transactions and documentation
- Duality of transactions and the double entry system
- Banking system and transactions
- Payroll
- Ledger accounts
- Cash and Bank
- Sales and Credit transactions
- Purchases and Credit Transactions
- Reconciliation
- Preparing the Trial Balance
Management Information (MA1)
This module introduces the candidate to basic costing principles and techniques, as well as the tools for applying these principles and techniques. It includes the introduction of the business organisations and the specific role of management accountant within the organisation.
Another focus area is cost classifications and the sources of information and coding, to ensure that cost information is properly classified.
Topics include:
- Nature and purpose of cost and management accounting
- Costing systems and code data
- Costs classifications
- Accounting for materials, labour and expenses
- Actual and expected costs
Course Location
About Learninghub Global Institute
Learninghub Global Institute are offering professional courses such as Preparatory Courses for Association of Chartered Certified Accountants (ACCA) Examinations. At the same time, we are working with a few reputable institutes of higher learning to offer specialised undergraduate and postgraduate degrees.
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