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BA3 Fundamentals Of Financial Accounting


City Business Library

Summary

Price
£150 inc VAT
Finance options

Flexible, interest-free, part payment options

Study method
Online
Duration
24 months · Self-paced
Qualification
No formal qualification

Overview

The Chartered Institute of Management Accountants (CIMA) is the world's largest and leading professional body of management accountants. Gain a complete understanding of the Fundamentals of Financial Accounting and continue your journey towards the CIMA Certificate in Business Accounting with this training package.

Description

Who are CIMA?

The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of management accountants. CIMA offer the most relevant global finance qualifications for business.

Course Units

  • Introduction to Financial Information
  • Theory, Rules and Regulations
  • Basic Financial Regulations
  • Basic Financial Accounting
  • Sales and Purchase Ledger
  • Accruals and Prepayments
  • Cashbook and Petty Cash
  • Accounting for Inventory
  • Non-Current Assets
  • Accounting for Payroll
  • Accounting for VAT
  • Control Account Reconciliation’s and Coding
  • Preparing for the Final Accounts
  • Income and Expenditure Accounts
  • Incomplete Records
  • Manufacturing Accounts
  • Limited Company Accounts
  • Cash Flow Statements
  • Interpretation of Financial Statement

Course Duration

The CIMA BA3 Fundamentals of Financial Accounting course will take approximately 25 hours for you to study, we give you 24 months to complete the course so you can complete it at your own pace.

Who is this course for?

CIMA qualifications are ideal for finance professionals who are focusing their careers on management accounting or who are in a business finance role. This course will help to lay the foundations for your future and deliver the knowledge you need to work your way to the top.

Requirements

There are no requirements for this CIMA course. However, CIMA do offer exemptions. If you have an accountancy or finance degree or are AAT qualified and an existing member, you will be able to skip the CIMA Certificate in Business Accounting and move straight onto the CIMA Professional qualification.

Career path

A qualification with CIMA can open many career opportunities, whether that is working in Finance, Project Management or Accountancy. You will also be able to continue onto further studies in CIMA, with the rest of the CIMA Certificate in Business Accounting, with studying members of CIMA earning an average salary of £32,000.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.