Intermediate Certificate (includes FA2 and MA2)

Maintaining Financial Records FA2

(Ideal Reference FIA3)

This module introduces the fundamental principles of accounting and develops the knowledge and understanding of the techniques used to maintain accounting records. You will produce accounting records including ledger accounts, sales tax records (where applicable), control accounts, reconciliations, making adjustments to Trial Balance to produce and extended Trial Balance. This will cover sole traders and partnerships.

Managing Costs and Finances MA2

(Ideal Reference FIA4)

Here you will develop the knowledge and understanding of the principles and techniques used in recording, analysing and reporting costs and revenues for internal management purposes. You will develop applicable cost concepts in making short-term decisions and the application of spreadsheets in management accounting will be taken further.