Book: Fundamental of Financial Accounting CIMA-C02

This is an introduction to financial accounting and assumes no prior knowledge of the subject. It deals with the
recording of accounting transactions and the preparation of accounting statements for single entities. The basic
concepts of accounting are dealt with and the student will be expected to understand the limitations of financial
accounts in attempting to meet the needs of all users. An understanding of the different approaches to asset
valuation and the resulting influence on profit management is required.
Learning aims
This syllabus aims to test the student's ability to:
• Explain the conceptual and regulatory framework of accounting
• Explain the nature of accounting systems and understand the control of such systems
• Prepare and interpret accounts for a single entity
• Interpret simple ratios
Book: Fundamental of Financial Accounting - Study Text (Download)
Book: Fundamental of Financial Accounting - Practice Book (Download)