Everything you need to pass ACCA FA.
Covers the principles of double-entry bookkeeping, preparation of financial statements, and basic financial analysis. £99 on its own, or all three Applied Knowledge papers for £149, with lifetime access.
- 2h exam length
- On demand book it when you are ready
- Applied Knowledge level
- £99 on its own, lifetime access
Taught by experts
Real experts behind every FA course.
The qualified-accountant tutors who teach the paper, with an AI Tutor in every lesson.
James GriffithsJames Griffiths is VIVA's tutor for ACCA Financial Accounting (FA) and Financial Reporting (FR), and CIMA Financial Reporting (F1) and Advanced Financial Reporting (F2).
The syllabus
What FA covers.
Financial Accounting (FA) covers the preparation of financial statements for sole traders and companies under IFRS. You'll learn double-entry bookkeeping, trial balances, adjustments, and the production of income statements, statements of financial position, and cash flow statements.
- ✓ Double-entry bookkeeping and ledger accounts
- ✓ Trial balance and period-end adjustments
- ✓ Income statement and statement of financial position
- ✓ Statement of cash flows
- ✓ Accounting for sole traders and partnerships
- ✓ Company accounts: shares, debentures, dividends
The course, section by section
9 sections · 105 lessons · 12h 6m of video
-
01 A. The context and purpose of financial reporting 1 module5 lessons34m of video
- Introduction to financial reporting 5 lessons 34m
-
-
02 B. The qualitative characteristics of financial information 1 module3 lessons30m of video
- The regulatory framework 3 lessons 30m
-
-
03 C. The use of double-entry and accounting systems 2 modules7 lessons47m of video
- Books of prime entry 3 lessons 20m
- Double-entry accounting 4 lessons 27m
-
-
04 D. Recording transactions and events 8 modules37 lessons4h 18m of video
- Recording sales, cash and purchases transactions 4 lessons 40m
- Inventory 5 lessons 32m
- Tangible non-current assets 5 lessons 58m
- Intangible non-current assets 6 lessons 20m
- Accruals and prepayments 3 lessons 30m
- Receivables 4 lessons 22m
- Provisions and contingencies 4 lessons 19m
- Capital structure and finance costs 6 lessons 37m
-
-
05 E. Reconciliations 2 modules6 lessons45m of video
- Control accounts and reconciliations 3 lessons 27m
- Bank reconciliations 3 lessons 18m
-
-
06 F. Preparing a trial balance 1 module4 lessons28m of video
- Trial balance and correction of errors 4 lessons 28m
-
-
07 G. Preparing financial statements 6 modules24 lessons2h 36m of video
- Corporate income tax 2 lessons 14m
- Events after the reporting period 4 lessons 16m
- Preparing financial statements 5 lessons 41m
- Disclosure notes 2 lessons 11m
- Statement of cash flows 6 lessons 43m
- Incomplete records 5 lessons 31m
-
-
08 H. Preparing basic consolidated financial statements 3 modules13 lessons1h 37m of video
- Consolidated SOFP 6 lessons 1h
- Consolidated SOPL 4 lessons 24m
- Associates 3 lessons 13m
-
-
09 I. Interpretation of financial statements 1 module6 lessons31m of video
- Interpretation of financial statements 6 lessons 31m
-
Modern tuition
Expert video, with a tutor in every lesson.
Built and taught by people who have lectured this material for years, with an AI Tutor sitting inside each lesson to answer the question you have right now.
- Experts Former Kaplan and BPP lecturers and academics from major UK universities.
- AI Tutor Ask a question inside the lesson and get an answer grounded in that lesson.
- Pick up where you left off Your progress is saved lesson by lesson, so you always come back to the right place.
AI Tutor in every lesson
"Can you go through the Trial balance and period-end adjustments part again, more simply?"
Of course. Here is the short version from this lesson, then the worked example again, one step at a time.
- Double-entry bookkeeping and ledger accounts 4:12
- Income statement and statement of financial position 5:02
- Statement of cash flows 9:20
ACCA Applied Knowledge
FA is one of the three Applied Knowledge papers. ACCA lets you sit them in whatever order suits you.
See all of Applied Knowledge →- BT Business and Technology
- FA Financial Accounting You are here
- MA Management Accounting
Personalised ACCA pack
FA is £99 on its own, or Applied Knowledge for £149.
Tell us which ACCA papers you have already passed, or are exempt from taking. The best option updates as you go.
Step 1 of 2
First, what have you already passed?
Tick what you've passed or been exempted from - we'll only show what's left.
Exempt from a whole level through your degree? Use Tick all on that level.
Questions
The things students ask before buying.
What does the FA course include?
Expert video lessons from qualified-accountant tutors across the FA syllabus, with an AI Tutor in every lesson and your progress saved as you go. £99 on its own, with lifetime access.
How is FA examined?
The FA exam is 2h long. FA is on demand, so you book it when you are ready.
Does the course cover the whole FA syllabus?
Yes. The video lessons cover every section of the FA syllabus, and the AI Tutor in each lesson answers questions on it as you study.
Do ACCA courses include mock exams?
ACCA courses are taught courses: video lessons with an AI Tutor in every lesson. Online mock exams with marking are part of our CIMA courses.
Is it cheaper to buy the whole Applied Knowledge level?
The Applied Knowledge pack is £149 and covers every paper in the level, however many you have left. Anything you have already bought comes off the pack price, so buying one paper first never costs you more.
How long do I have access?
Lifetime access, on every course. There is no subscription and no renewal - if you need to resit, or come back to the material years later, it is still there.
Ready for a clearer route to your FA exam?
Get through your exams.
Get on with your life.
Take FA on its own, or add it to the papers you have left.