AAT LEVEL 3 – Q2022 – Financial Accounting: Preparing Financial Statements (FAPS) Tutorial
This essential study text for the AAT Level 3 Diploma in Accounting fully prepares you to pass the Q2022 Unit ‘Financial Accounting: Preparing Financial Statements’.
£24.00
Description
Overview
This essential study text for the AAT Level 3 Diploma in Accounting fully prepares you to pass the Q2022 Unit ‘Financial Accounting: Preparing Financial Statements’.
You will learn how to produce and interpret financial statements for sole traders and partnerships using a trial balance. You will also enhance your knowledge of the accounting principles underlying final accounts preparation.
All Osborne Books study materials are written by our expert authors in an easy-to-read style, giving you the knowledge and confidence to pass your AAT exams.
They Include:
- clear chapters
- practice exam-style questionsÂ
- Case StudiesÂ
- a FREE ebook copy
- more FREE study resources in the Osborne Books Student Zone
Table of Contents
- The accounting system
- Double-entry bookkeeping
- Balancing accounts and the trial balance
- Financial statements – the extended trial balance
- Accruals and prepayments
- Depreciation of non-current assets
- Irrecoverable debts and allowance for doubtful receivables
- Framework of Accounting
- Accounting for capital transactions
- Control accounts
- The journal and correction of errors
- Preparation of financial statements
- Sole trader financial statements
- Partnership financial statements
- Using profitability ratios
- Incomplete records accounting
