Financial Accounting: Preparing Financial StatementsThis unit provides students with the skills required to produce statements of profit or loss and statements of financial position for sole traders and partnerships using a trial balance. Learning outcomes: Understand the accounting principles underlying final accounts preparation Understand the principles of advanced double entry bookkeeping Implement procedures for the acquisition and disposal of non current assets Prepare and record depreciation

Evaluate internal control systems as part of the audit process

B Managing people performance

services and functions

Calculate material

including the associated documents and processes

You’ll explore how auditors evaluate evidence

and the updated bundle will be available then

D Managing Cash and Working Capital

Key concepts relating to the discipline of project management are also considered

F Performance measurement

The syllabus aims to introduce the fundamentals of preparing and recording financial documentation from originating documents and processing ledger transactions up to the trial balance stage

It builds on a good knowledge of recording financial transactions from FA1 Recording Financial Transactions