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Financial Accounting (FFA) Black Friday Offers

Financial Accounting (FFA) 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: The Context and Purpose of Financial Reporting

  • The scope and purpose of financial statements for external reporting
  • Stakeholders’ needs
  • The main elements of financial reports
  • The regulatory framework
  • Duties and responsibilities of those charged with governance

Module 2: Accounting Principles, Concepts, and Qualitative Characteristics

  • The qualitative characteristics of financial information
  • Qualitative characteristics of useful financial information

Module 3: The 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
  • Trade payables account 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 (excluding partnerships)

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 seeking to develop a strong foundation in Financial Accounting. It suits those who want to enhance their understanding of financial statements, reporting, and compliance, enabling them to make informed financial decisions in various industries. This course can be beneficial for a wide range of professionals, including:

  • Accountants
  • Finance Executives
  • Business Analysts
  • Auditors
  • Tax Consultants
  • Bookkeepers
  • Financial Planners
  • Entrepreneurs

Prerequisites of the Foundation in Financial Accounting Course

There are no formal prerequisites for this Foundation in Financial Accounting Course. However, basic numeracy, analytical skills, and proficiency in English will be beneficial for understanding financial reporting principles and pursuing further ACCA qualifications.

Foundation in Financial Accounting Course Overview

Foundation in Financial Accounting is essential for recording, summarising, and reporting financial transactions accurately. It provides transparency, aids decision-making, and ensures regulatory compliance. This course equips individuals with fundamental accounting principles, financial statement preparation, and reporting techniques vital for business success.

Proficiency in financial accounting enables professionals to analyse financial data, assess company performance, and ensure compliance with financial regulations. It is essential for those involved in finance, auditing, and business management, helping them make informed financial decisions and maintain financial integrity.

The Knowledge Academy’s training provides a comprehensive understanding of financial accounting principles, enhancing delegates' ability to manage financial records and interpret financial statements. Delegates will gain practical knowledge, improving their confidence in handling financial data and applying best accounting practices.

Course Objectives:

  • To understand fundamental financial accounting principles and concepts
  • To develop skills for preparing financial statements and reports
  • To enhance knowledge of financial regulations and compliance requirements
  • To learn bookkeeping techniques for accurate record-keeping
  • To analyse financial data for better decision-making
  • To improve proficiency in financial reporting and interpretation

Upon completing this course, delegates will receive a certification demonstrating their proficiency in financial accounting. This recognition enhances career prospects and validates their ability to apply financial accounting principles in professional settings.

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What’s included in this Foundation in Financial Accounting Course?

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

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

Our Glasgow 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.

Glasgow is the largest city in Scotland and is the third largest city in the UK. The population of Glasgow is around 600,000 inhabitants. Glasgow is now considered the largest seaport in Britain. Glasgow is well known for its higher education facilities and has four universities within 10 miles of the city centre. The four main universities in Glasgow are the University of Glasgow, University of Strathclyde, Glasgow Caledonian University and University of the West of Scotland. There are also a few colleges and higher education facilities in Glasgow such as; the City of Glasgow College, Glasgow Clyde College and Glasgow Kelvin College.

The Higher education facilities include Jordanhill Teacher Training College, Royal Conservatoire of Scotland and Glasgow School of Art. The University of Glasgow is the fourth oldest University in the UK. It was founded in 1451. Glasgow originally only educated wealthy students but has however become a pioneer in higher education. Glasgow offered studies to the wealthy in Law, Medicine, Civil Servicing, Teaching and Church Studies. The University of Glasgow currently offers degrees in Arts, Humanities, Modern Languages, Sciences, Medicine, Veterinary Medicine, Engineering and Social Sciences. The University of Glasgow had some notable alumni such as Lady Hazel Cosgrove who became the first woman to be appointed as a permanent seat as a judge in the Court of Session. The University of Strathclyde is another major university in Glasgow. It was established in 1796 and is the third largest university in Scotland with around 20,000 students in attendance. The University offers various degrees in areas such as Engineering, Architecture, Chemistry, Mathematics, Physics, Education, Law, Psychology and Economics.

The University of Strathclyde also has many notable alumni and academics such as Jim McColl who is the richest man in Scotland, Henry Faulds who founded fingerprint identification and John Logie Baird who invented the world’s first working television. The Glasgow Caledonian University is another university located in Glasgow. It has roots tracing back to 1875 but was formally established in 1993. Glasgow Caledonian has around 18,000 students in attendance and is one of Scotland’s Largest Universities. Glasgow Caledonian is ranked among the UK’s top 10 universities. Glasgow Caledonian has many notable alumni, such as Gordon Brown and Neil Buchanan. 

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Ways to take Financial Accounting (FFA) in Glasgow

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

Get a team quote

Package deals for Financial Accounting (FFA) in Glasgow

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

Financial Accounting (FFA) FAQs

What is Financial Accounting (FFA)?

Financial Accounting (FFA) introduces the fundamental principles of recording, classifying, and reporting financial transactions. The course explains key concepts such as bookkeeping, financial statements, accounting standards, and how organisations track their financial performance and position.

Who should attend this Financial Accounting (FFA) course?

This course is suitable for students, aspiring accountants, finance assistants, business owners, and professionals who want a solid understanding of accounting basics. It is also helpful for individuals preparing for further professional accounting qualifications.

Are there any prerequisites for enrolling in this training?

There are no formal entry requirements. The course is designed for beginners, so no prior accounting knowledge is necessary, although basic numeracy skills will be beneficial.

What will I learn during the course?

You will learn double-entry bookkeeping, journals and ledgers, trial balances, adjustments, preparation of financial statements, and the interpretation of basic financial reports used in business decision-making.

What career opportunities are available after completing the course?

After completing the training, you can pursue entry-level roles such as Accounts Assistant, Finance Assistant, Bookkeeper, Accounts Administrator, or Junior Accountant, and progress towards advanced accounting certifications.

How will this course benefit organisations?

Organisations benefit from employees who can accurately record transactions, maintain organised financial records, support compliance, and assist with reporting, budgeting, and day-to-day financial operations.

What is the cost/training fees for Financial Accounting (FFA) in Glasgow?

The training fees for Financial Accounting (FFA) in Glasgow starts from £1595

Which is the best training institute/provider of Financial Accounting (FFA) in Glasgow?

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

What are the best ACCA Foundation courses in Glasgow?

Please see our ACCA Foundation courses available in Glasgow

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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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