Our resources, which include a variety of study materials like practice questions, mocks, and a revision kit, are tailored to the BA3 syllabus. These materials have been endorsed by CIMA, ensuring their accuracy and reliability. We know that preparing for the BA3 exam can be challenging, so we strive to simplify the process for you. With our help, you can confidently pass the CIMA BA3 exam on your first attempt and take a significant step towards your dream career in business and accounting.
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The main objective of of the CIMA syllabus for CIMA BA3 Fundamentals of Financial Accounting is to obtain 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. Students are required to be aware of the format and content of published accounts but are not required to prepare them. Generally, detailed knowledge of specific accounting treatment contained in the International Financial Reporting Standards (IFRSs) is not required, including the International Accounting Standards (IASs). Some knowledge of IAS 2 Inventories, IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets is needed, as is explained in the relevant Course Book chapters.IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows formats will form the basis of the financial statements. The terminology used for all entities will be that of International Financial Reporting Standards. This will enable students to use a consistent set of accounting terms throughout their studies within the CIMA syllabus.
The main objective of of the CIMA syllabus for CIMA BA3 Fundamentals of Financial Accounting is to obtain 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. Students are required to be aware of the format and content of published accounts but are not required to prepare them. Generally, detailed knowledge of specific accounting treatment contained in the International Financial Reporting Standards (IFRSs) is not required, including the International Accounting Standards (IASs). Some knowledge of IAS 2 Inventories, IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets is needed, as is explained in the relevant Course Book chapters.IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows formats will form the basis of the financial statements. The terminology used for all entities will be that of International Financial Reporting Standards. This will enable students to use a consistent set of accounting terms throughout their studies within the CIMA syllabus.
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With our thorough review module, Practice Tests Academy can help you prepare for the CIMA BA3 Fundamentals of Financial Accounting exam. Our programme includes everything you need to confidently pass the exam on your first attempt. With our 500+ question question bank, you will have ample opportunities to practise exam-style questions and develop your knowledge and confidence.
In addition, our bundle includes 125 additional chapter-specific review questions and flashcards to assist you in reviewing the chapter’s theory.
In addition, we offer the Kaplan study ebook through their myKaplan platform, along with a shortened summary workbook as a bonus.
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Take a look at what products are in each of our BA3 packages and compare them. Select the right package for your needs. You can always upgrade or purchase available add-ons later on if you need to.
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Try our products risk-free for seven days before you decide to believe us. If you are not completely satisfied with your purchase, we will refund your money without delay. Our team is always available to assist you on any level. Send us an email requesting a refund, and we will process it immediately. However, we are confident that this won’t be necessary.
You can rely on Practice Tests Academy to help you pass your exams without stress!
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