Acca F3 Financial Accounting Tuition Class Notes
ACCA F3
FINANCIAL ACCOUNTING
International Stream
TUITION
CLASS NOTES
Appendix
The following notes are suitable for both the international and UK streams. There will some terminology differences between the two streams. These are summarised below:
|International |UK |
|Statement of comprehensive income |Profit and loss account |
|Statement of financial position |Balance sheet |
|Non-current assets |Fixed assets |
|Inventory |Stock |
|Trade receivables |Debtors |
|Non-current liabilities |Long term liabilities |
|Trade payables |Creditors |
|Irrecoverable debts |Bad debts |
Contents
Paper background
Session 1 Introduction to accounting
Session 2 Financial statements
Session 3 Double entry book keeping
Session 4 Non-current assets
Session 5 Inventory
Session 6 Irrecoverable Debts
Session 7 Control Accounts
Session 8 Bank Reconciliations
Session 9 Accruals and prepayments
Session 10 Limited Company accounts
Session 11 Statements of cash flow
Session 12 Incomplete records
FINANCIAL ACCOUNTING
International Stream
TUITION
CLASS NOTES
Appendix
The following notes are suitable for both the international and UK streams. There will some terminology differences between the two streams. These are summarised below:
|International |UK |
|Statement of comprehensive income |Profit and loss account |
|Statement of financial position |Balance sheet |
|Non-current assets |Fixed assets |
|Inventory |Stock |
|Trade receivables |Debtors |
|Non-current liabilities |Long term liabilities |
|Trade payables |Creditors |
|Irrecoverable debts |Bad debts |
Contents
Paper background
Session 1 Introduction to accounting
Session 2 Financial statements
Session 3 Double entry book keeping
Session 4 Non-current assets
Session 5 Inventory
Session 6 Irrecoverable Debts
Session 7 Control Accounts
Session 8 Bank Reconciliations
Session 9 Accruals and prepayments
Session 10 Limited Company accounts
Session 11 Statements of cash flow
Session 12 Incomplete records