The BA3 Fundamentals of Financial Accounting is a module of CIMA’s Certificate in Business Accounting. The course will teach you a practical understanding of financial accounting and the process behind the preparation of financial statements for single entities.
These statements are prepared within a conceptual and regulatory framework requiring an understanding of the role of legislation and of accounting standards. The need to understand and apply necessary controls for accounting systems, and the nature of errors is also covered. There is an introduction to measuring financial performance with the calculation of basic ratios.
The BA3 Fundamentals of Financial Accounting is for you if you’re considering a career in business and finance, already working and want to further your professional development, or if you’re looking to change career. The BA3 is one of four modules in CIMA’s Certificate in Business Accounting which is their foundational management accounting certificate before the Professional Chartered Management Accounting Qualification.
Once you have achieved the CIMA Certificate in Business Accounting, you can move on to the CIMA Professional Chartered Management Accounting Qualification. When you have successfully passed both you will become a powerhouse in the finance industry as a Management Accountant, with skills in finance, management and strategy.
The BA3 Fundamentals of Financial Accounting course covers: