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Financial Accounting (FA) Black Friday Offers

Financial Accounting (FA) is part of our Black Friday sale. Lock in 63% off now, choose online, classroom or onsite training, and schedule your course any time through 2027. Group bookings save up to 60%.

FROM £595 £1,595 SAVE £1,000

Offer ends 27 November 2026

Financial Accounting Course Outline

Module 1: Context and Purpose of Financial Reporting

  • Scope and Purpose of Financial Statements for External Reporting
  • Stakeholders’ Needs
  • Main Elements of Financial Reports
  • Regulatory Framework
  • Duties and Responsibilities of Those Charged with Governance

Module 2: Accounting Principles, Concepts and Qualitative Characteristics

  • Qualitative Characteristics of Financial Information
  • Qualitative Characteristics of Useful Financial Information

Module 3: Use of Double-Entry Bookkeeping and Accounting Systems

  • Double-Entry Bookkeeping Principles Including the Maintenance of Accounting Records
  • General Ledger Accounts and Journal Entries

Module 4: Recording Transactions and Events

  • Sales and Purchases
  • Cash
  • Inventories
  • Tangible Non-Current Assets
  • Depreciation
  • Intangible Non-Current Assets and Amortisation
  • Accruals Expenses (Accruals), Prepaid Expenses (Prepayments), Accrued Income, and Deferred Income
  • Receivables and Payables
  • Provisions and Contingencies
  • Capital Structure and Finance Costs

Module 5: Reconciliations

  • Bank Reconciliations
  • Payables and Receivables Reconciliations

Module 6: Preparing a Trial Balance

  • Trial Balance
  • Correction of Errors
  • Suspense Accounts

Module 7: Preparing Financial Statements

  • Statement of Financial Position
  • Statement of Profit or Loss and Other Comprehensive Income
  • Disclosure Notes
  • Events After the Reporting Period
  • Statement of Cash Flows
  • Incomplete Records

Module 8: Preparing Basic Consolidated Financial Statements

  • Subsidiaries
  • Associates

Module 9: Interpretation of Financial Statements

  • Importance and Purpose of Analysis of Financial Statements
  • Ratios
  • Analysis of Financial Statements
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Who Should Attend this Financial Accounting Course?

This course is ideal for individuals looking to develop a strong foundation in financial accounting. It is suitable for those eager to understand financial statements, reporting, compliance, and decision-making, helping them apply accounting principles effectively across various industries.

  • Accountants
  • Business Owners
  • Investment Analysts
  • Financial Consultants
  • Tax Advisors
  • Banking Professionals
  • Finance Executives
  • Auditors

Prerequisites of the Financial Accounting Course

There are no formal prerequisites for this Financial Accounting Course. However, having at least two A Levels and three GCSEs, including English and Mathematics, is recommended. A good command of English is essential, as all course materials, assessments, and discussions are conducted in English.

Financial Accounting Course Overview

Financial accounting is essential for recording, summarising, and reporting business transactions, ensuring transparency and compliance. This course provides a strong foundation in financial principles, reporting standards, and decision-making, making it relevant for individuals aiming to excel in finance-related roles across various industries.

Proficiency in financial accounting is crucial for understanding business performance, managing resources, and ensuring regulatory compliance. It is valuable for professionals involved in finance, auditing, management, and investment. Mastering financial accounting helps individuals make informed financial decisions, improving operational efficiency and contributing to business growth.

This Financial Accounting Course by The Knowledge Academy equips delegates with essential skills in financial statement preparation, analysis, and compliance. Delegatess will gain practical knowledge of accounting principles, reporting frameworks, and financial controls. By the end, delegates will be confident in interpreting financial data, improving business decision-making, and maintaining accuracy in financial reporting.

Financial Accounting Course Objectives

  • To understand fundamental financial accounting principles and their applications
  • To prepare and interpret financial statements accurately
  • To analyse financial reports for decision-making and performance evaluation
  • To ensure compliance with international accounting standards
  • To apply key accounting concepts such as accruals, matching, and consistency
  • To manage financial records effectively and ensure accurate bookkeeping

After completing this course, delegates will receive a Financial Accounting Certification, validating their expertise in financial reporting, compliance, and analysis. This certification enhances career prospects in finance, accounting, and management, demonstrating a strong understanding of financial principles and practical applications in professional settings.

Key Skills Gained from ACCA Financial Accounting (FA) Course

The ACCA Financial Accounting (FA) Course equips learners with essential accounting skills to record, prepare, and interpret financial information. Professionals build confidence in handling financial data and understanding how financial statements support business decision-making.

Core Skills Developed Through the ACCA Financial Accounting (FA) Course

Key skills gained from this training include:

  • Financial Reporting Fundamentals: Develop a clear understanding of the purpose, structure, and regulatory context of financial reporting.
  • Application of Accounting Principles: Apply accounting concepts, qualitative characteristics, and frameworks to prepare reliable financial information.
  • Double-entry Bookkeeping: Maintain financial transactions accurately using double-entry bookkeeping systems and maintain proper accounting records.
  • Transaction Recording: Record and adjust sales, purchases, assets, depreciation, accruals, prepayments, receivables, and payables accurately.
  • Reconciliation Skills: Carry out bank, receivables, and payables reconciliations to ensure accuracy and completeness of financial records.
  • Trial Balance Preparation: Compile trial balances, identify errors, and use suspense accounts where necessary.
  • Financial Statement Preparation: Prepare basic financial statements, including statements of profit or loss, financial position, and cash flows.
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What’s included in this Financial Accounting Course?

  • World-Class Training Sessions from Experienced Instructors
  • Financial Accounting Certificate
  • Digital Delegate Pack
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Train Your Workforce

Looking for Financial Accounting (FA) in-house or onsite training Southampton. We specialise in corporate group training and bulk bookings for organisations of all sizes. Our trainers deliver tailored sessions at your premises, online, or hybrid, with best price guarantee, group discounts and flexible scheduling.

Approved supplier to 1,276,803 organisations

The Knowledge Academy is an approved training supplier to 1,276,803 organisations across the UK, Europe, North America and Australia, so most buyers can book through their existing purchasing process with no new supplier setup.

Our Southampton venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Southampton is the largest city in Hampshire, England. It is located 75 miles away from London and lies at the north end of Southampton Water in the confluence of the River Test and River Itchen. Southampton has a population of around 250,000 people. Southampton is famous for its link with the RMS Titanic, a passenger liner which sank in the North Atlantic Ocean in 1912, and the Spitfire fighter plane. Its other World War II links come from the fact it was one of the largest departure points for D-Day but recently, it is the home port to a large number of cruise ships across the world.

Other large employers in Southampton are BBC South, the NHS, Carnival UK and West Quay which was the largest city centre shopping complex in Europe when it opened. There are two universities in Southampton; The University of Southampton and Southampton Solent University. They have a collective student population of over 40,000 people. 

The University of Southampton was founded in 1982 but officially became a university by receiving its Royal Charter in 1952. It has over 22,000 students. It considers itself one of the top five universities in the UK and has been ranked in the top eighty universities in the world by the THES-QS World University Rankings. The university is famous for its research into engineering, oceanography, cancer sciences and chemistry. It houses the National Oceanography Centre which is the focus of a great deal of Natural Environment Research Council-funded research into marine life. Southampton Solent University has 17,000 students who can take a variety of educational programs on training, research and design.

The Warsash Maritime Academy also resides at Southampton Solent and provides programs and training for international shipping and oil off-shore industries. There are a number of different sixth form colleges in Southampton including Itchen College and Richard Taunton Sixth Form College. There are around 20 infant schools, 16 junior schools, 24 primary schools, 8 secondary schools, 2 academies and 5 specialised schools. As for independent schools, Southampton is home to The Gregg School and St Mary’s College.

Popular searched areas in and around Southampton include:-

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Ways to take Financial Accounting (FA) in Southampton

Blended Learning

Live, expert-led sessions combined with self-paced study and one-to-one tutor support.

Best for: structure with flexibility.

Weekly tutor support

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Online Self-Paced

Study 24/7 on your own schedule through our learning platform, with progress tracking.

Best for: fitting study around work.

90 days of access

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Onsite

We bring the course to your team, at your premises, online or hybrid, on dates that suit you.

Best for: groups and bulk bookings.

Tailored to your team

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Package deals for Financial Accounting (FA) in Southampton

Our training experts have compiled a range of course packages on a variety of categories in Financial Accounting (FA), to boost your career. The packages consist of the best possible qualifications with Financial Accounting (FA), and allows you to purchase multiple courses at a discounted rate.

Financial Accounting (FA) in Southampton FAQs

What will I learn in this Financial Accounting Course?

This course covers fundamental financial accounting principles, including financial statements, reporting, bookkeeping, and compliance. You will learn how to analyse financial data, interpret balance sheets and income statements, and apply accounting concepts to real-world business scenarios.

What is the cost/training fees for Financial Accounting (FA) in Southampton?

The training fees for Financial Accounting (FA) in Southampton starts from £1595

Which is the best training institute/provider of Financial Accounting (FA) in Southampton?

The Knowledge Academy is one of the Leading global training provider for Financial Accounting (FA).

What are the best ACCA Applied Knowledge courses in Southampton?

Please see our ACCA Applied Knowledge courses available in Southampton

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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