CAT / FIA FFA Test Centre

Syllabus A. The Context And Purpose Of Financial Reporting

A1. The scope and purpose of FS for external reporting

A2. Users’ and stakeholders’ needs

A3. The main elements of financial reports

A4. The regulatory framework

A5. Duties and responsibilities of those charged with governance

Syllabus B. The Qualitative Characteristics Of Fin. information

B1. The qualitative characteristics of financial information

Syllabus C. The Use Of Double-entry And Accounting Systems

C1. Double-entry book-keeping principles

C2. Ledger accounts, books of prime entry and journals

Syllabus D. Recording Transactions And Events

D1. Sales and purchases

D2. Cash

D3. Inventory

D4. Tangible non-current assets

D5. Depreciation

D6. Intangible non-current assets and amortisation

D7. Accruals and prepayments

D8. Receivables and payables

D9. Provisions and contingencies

D10. Capital structure and finance costs

Syllabus E. Preparing A Trial Balance

E1. Trial balance

E2. Correction of errors

E3. Control accounts and reconciliations

E4. Bank reconciliations

E5. Suspense accounts

Syllabus F. Preparing Basic Financial Statements

F1. Statements of financial position

F2. Statements of profit or loss and other comprehensive income

F3. Disclosure notes

F4. Events after the reporting period

F5. Statements of cash flows (excluding partnerships)

F6. Incomplete records

Syllabus G. Preparing Simple Consolidated Financial Statements

G1. Subsidiaries

G2. Associates

Syllabus H. Interpretation Of Financial Statements

H1. Importance and purpose of analysis of financial statements

H2. Ratios

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