Course Overview


Introduce the knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and on the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems.

On successful completion of this paper, candidates should be able to explain and understand the following:
• Types of business transactions and documentations
• Duality of transactions and the double entry system
• Banking system and transactions
• Payroll
• Ledger accounts
• Cash and bank
• Sales and Credit transactions
• Purchases and Credit transactions
• Reconciliation
• Preparing the trial


Develop the knowledge and understanding of providing basic management information in an organisation to support management in planning and decision-making.

On successful completion of this paper, candidates should be able to:
• Explain the nature and purpose of cost and management accounting
• Identify source documents in a costing system and correctly code data
• Classify costs by nature, behaviour and purpose
• Record costs for material, labour and expenses
• Provide information on actual and expected costs
• Use the spreadsheet system in Micro

Awarded of Qualification

Introductory Certificate in Financial and Management Accounting – awarded on completion of exams Recording Financial Transactions (FA1) and Management Information (MA1).

Towards achieving ACCA qualification

Start your career in the field of accountant by registering for the Introductory Certificate course. No minimum entry requirement.