Maintaining Financial Records FA2The aim of this syllabus is to develop knowledge and understanding of the underlying principles and concepts relating to Maintaining Financial Records and technical proficiency in the use of double entry accounting techniques including the preparation of basic financial statements. It builds on a good knowledge of recording financial transactions from FA1 Recording Financial Transactions. The examining team will assume you know this material and it

IFRS and the treatment of taxation in accounts

provisions

Credit and Debt Management is an optional unit

cost control and strategic decision making

E Reconciliations

D Shape and structure of the finance function

Prepare tax computations for the sale of capital assets by limited companies

including the evaluation of the risk of misstatement in financial statements and evidence procedures used in audit practice

E Review and reporting

administration and the regulation of companies

H Professional skills

Our Level 3 Study Pack consists of the Course Book