Applied knowledge Level – ACCA

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About Course

The Applied Knowledge Level is the first stage of the Association of Chartered Certified Accountants (ACCA) qualification. It provides students with fundamental knowledge and skills in accounting, finance, and business, forming the foundation for higher levels of ACCA.

Key Features:

✔️ Entry-Level Stage – Ideal for beginners in accounting and finance.
✔️ 3 Core Papers – Focuses on essential financial and business concepts.
✔️ Flexible Study Options – Can be studied full-time, part-time, or online.
✔️ Leads to Advanced Levels – Prepares students for the Applied Skills Level of ACCA.

Subjects in Applied Knowledge Level:

1️⃣ Business and Technology (BT) – Covers business structure, leadership, and governance.
2️⃣ Management Accounting (MA) – Focuses on cost management, budgeting, and decision-making.
3️⃣ Financial Accounting (FA) – Introduces financial statements, double-entry bookkeeping, and reporting.

Who Should Take This Level?

✅ Students starting their ACCA journey or pursuing a career in accounting and finance.
✅ Graduates or professionals looking for a globally recognized qualification.
✅ Anyone aiming to progress to Applied Skills and Strategic Professional levels in ACCA.

This level equips learners with strong business and financial knowledge, preparing them for more advanced accounting, auditing, and financial management roles. 🚀

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What Will You Learn?

  • Financial Accounting
  • Management Accounting
  • Business and Technology

Course Content

Financial Accounting (FA)
Summarized syllabus of FA is given below. 1. The context and purpose of financial reporting 2. Accounting principles, concepts and qualitative characteristics of useful financial information 3. The use of double-entry bookkeeping and accounting systems 4. Recording transactions and events 5. Performing reconciliations 6. Preparing a trial balance 7. Preparing financial statements 8. Preparing basic consolidated financial statements 9. Interpretation of financial statements

Management Accounting (MA)
Summarized syllabus of MA is given below. 1. The nature, source and purpose of management information 2. Data analysis and statistical techniques 3. Cost accounting techniques 4. Prepare budgets for planning and control 5. Budgeting 6. Standard Costing 7. Performance Management

Business and Technology (BT)
Summarized syllabus of MA is given below. 1. The business organization and its external environment 2. Organizational structure, culture, governance and sustainability 3. Business functions, regulation and technology 4. Leadership and management 5. Personal effectiveness and communication in business 6. Professional ethics

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