Accountant in Business (FAB/F1)
Explore this course
Prepare for ACCA's exam ‘Financial Accounting’ (FFA/F3), part of the Diploma in Accounting and Business.
Learn the underlying principles and concepts of financial accounting, accounting techniques and the preparation of basic financial statements.
The course will allow you to demonstrate technical proficiency in the use of double-entry techniques, including the preparation and interpretation of basic financial statements for sole traders, partnerships, companies and simple groups of companies.
Upon completion of this course, you will understand how to:
Completion of this course will also prepare you for the ACCA exam ‘Financial Accounting’ (FFA/F3), one of three exams required to achieve the ACCA Diploma in Accounting and Business.
These will take place at the following times. If you miss a session you can always catch up by watching a recording.
Take this course if you’re just starting out in finance, or if you work in finance but do not yet have a professional qualification.
If not, try one of our free courses first:
This course does not offer an edX certificate.
For learners who would like to progress to the ACCA Diploma in Accounting and Business, please register with ACCA as a student
We recommend you study ACCA-X courses: Accountant in Business; Management Accounting; and Financial Accounting before taking ACCA’s computer-based exams FAB/F1, FMA/F2 and FFA/F3. You will also need to complete a free, online module called "Foundations in Professionalism".
Nick qualified as a Chartered Accountant in 1989 and worked in technical roles for Kidsons Impey and HAT Group of Accountants between 1991 and 1996. He joined BPP Professional Education as an in-house writer in 1996 and worked there for 17 years. During his time with BPP, he was involved with material for financial strategy, risk management, corporate governance, management accounting, auditing, law and case study exams for a number of accounting qualifications, including ACCA, CIMA, AAT, ICSA and ICAEW. Since 2013 he has been a self-employed author and technical reviewer, based in West Sussex, working on material for a number of exams and education providers.