BA1 Fundamentals of Business EconomicsBA1 covers the economic and operating context of business and how the factors of competition, the behaviour of financial markets and government economic policy can influence an organisation. It also deals with the information available to assist management in evaluating and forecasting the behaviour of consumers, markets and the economy in general. The focus of this syllabus is on providing candidates with an understanding of the areas of economic

E Standard costing

A Fundamental ethical and professional principles

cost control and strategic decision making

and dividend policy decisions

It requires students to demonstrate organisational leadership and senior consultancy or advisory capabilities and relevant professional skills

The syllabus also deals with audit completion including the auditor’s report

August 2024

The aim of this syllabus is to develop knowledge and understanding of the principles of external audit and the audit process and technical proficiency in the skills used for auditing financial statements

The aim of the FFM syllabus is to develop knowledge and understanding of ways in which organisations finance their operations

Learning outcomes:

This includes being able to interact with different question item types

preparing the journal and relevant control accounts and identifying and correcting errors