About the subject
Learn the underlying principles and concepts of financial accounting, accounting techniques and the preparation of basic financial statements. You’ll demonstrate technical proficiency in the use of double-entry techniques, including the preparation and interpretation of basic financial statements for sole traders, partnerships, companies and simple groups of companies.
The context and purpose of financial reporting
Explain the context and purpose of financial reporting
The qualitative characteristics of financial informationDefine the qualitative characteristics of financial information
The use of double-entry and accounting systemsDemonstrate the use of double-entry and accounting systems
Recording transactions and eventsRecord transactions and events
Preparing a trial balancePrepare a trial balance (including identifying and correcting errors)
Preparing basic financial statementsPrepare basic financial statements for incorporated and unincorporated entities.
Preparing simple consolidated financial statementsPrepare simple consolidated financial statements
Interpretation of financial statementsInterpretation of financial statements
Kevin has a Masters in Information Technology and a 1st class honours ‘business management‘ degree. His background is in Cost & Management and Financials accounting, Business Systems management and leading systems implementation projects. He has worked across large multinationals in the FMCG sector to various small high Growth business start-ups. He also specialises in aligning software systems (e.g. accounting) to the actual operations and procedures.