AAT LEVEL 3 – (MODULE 2/5) – Financial Accounting: Preparing Financial Statements – FAPS – (WEBINAR COURSE)

AAT LEVEL 3 – (MODULE 2/5) – Financial Accounting: Preparing Financial Statements – FAPS – (WEBINAR COURSE)
Financial Accounting: Preparing Financial Statements.
This 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. In employment, students may be required to prepare a portion of, or all, the final accounts and this unit will give them the theoretical knowledge needed to complete that task. It will also allow them to understand how final accounts have been produced, either manually or automatically through the use of accounting software.
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£390.00

Description
Learning Outcomes
Financial Accounting: Preparing Financial Statements
- 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 calculations
- Record period end adjustments
- Produce and extend the trial balance
- Produce financial statements for sole traders and partnerships
- Interpret financial statements using profitability ratios
- Prepare accounting records from incomplete information
AAT LEVEL 3 – (MODULE 2/4) - (FAPS) is a module of the following courses:
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