ACCA Course

Lesson 1 • Adjustments to Financial Records

Covers accruals, prepayments, depreciation, and bad debt provisions. These adjustments ensure financial statements reflect economic reality under the accruals basis.

Lesson 2 • The Accounting Equation and Concepts

Introduces assets, liabilities, equity, and the fundamental accounting equation. Anchors all subsequent financial recording and reporting within this conceptual framework.

Lesson 3 • Introduction to Financial Statements

Introduces the income statement and statement of financial position. Students connect adjusted trial balance figures to formal financial statement formats.

Lesson 4 • The Trial Balance

Explains how to extract and verify a trial balance from ledger accounts. Connects bookkeeping accuracy to the preparation of financial statements.

Lesson 1 • Leases, Provisions, and Contingencies

Applies lessee accounting for right-of-use assets and lease liabilities, and recognition criteria for provisions. Distinguishes provisions from contingent liabilities and assets.

Lesson 2 • Non-Current Assets and Impairment

Covers measurement, depreciation, revaluation, and impairment of tangible and intangible assets. Connects asset accounting to balance sheet accuracy and profit measurement.

Lesson 3 • Revenue and Expense Recognition

Applies the five-step revenue recognition model and expense matching principle. Ensures students can correctly time income and cost recognition in financial statements.

Lesson 4 • The Conceptual Framework for Reporting

Examines the purpose, qualitative characteristics, and elements defined in the conceptual framework. Provides the theoretical basis for evaluating and applying specific standards.

Lesson 1 • Standard Costing and Performance Metrics

Establishes standard costs and links them to performance measurement systems. Connects standard costing to budgetary control and management by exception.

Lesson 2 • Budgeting and Variance Analysis

Covers budget preparation, flexible budgeting, and calculation of key variances. Links variance analysis to performance evaluation and corrective management action.

Lesson 3 • Cost Classification and Behaviour

Distinguishes fixed, variable, semi-variable, and stepped costs and their behaviour with output. Establishes the cost vocabulary essential for all subsequent management accounting analysis.

Lesson 4 • Absorption and Marginal Costing

Contrasts full absorption costing with marginal costing for product pricing and profit reporting. Explains profit differences between methods and their managerial implications.

Lesson 1 • The Financial Management Function

Defines the objectives of financial management, shareholder wealth maximisation, and agency theory. Frames all subsequent financial decisions within the goal of value creation.

Lesson 2 • Working Capital Management

Analyses the cash conversion cycle and management of receivables, payables, and inventory. Optimising working capital directly impacts liquidity and operational efficiency.

Lesson 3 • Risk and Return in Financial Decisions

Quantifies business and financial risk using sensitivity analysis and scenario planning. Connects risk assessment to investment and financing decision quality.

Lesson 4 • Investment Appraisal Techniques

Applies payback, ARR, NPV, and IRR to evaluate capital investment decisions. Students select and justify the most appropriate appraisal method for given scenarios.

Lesson 1 • Structure of the Tax System

Explains the roles of tax authorities, types of taxes, and the legislative process. Provides the regulatory context within which all tax calculations and compliance occur.

Lesson 2 • Corporate Tax Computation

Adjusts accounting profit to arrive at taxable profit and computes corporate tax liability. Covers capital allowances, loss relief, and group tax considerations.

Lesson 3 • Indirect Taxes and Payroll Taxes

Covers registration, output and input tax mechanics, and payroll tax obligations. Ensures students can handle transactional tax compliance for businesses.

Lesson 4 • Income Tax for Individuals

Calculates taxable income, allowances, and income tax liability for employed and self-employed individuals. Covers the progression from gross income to net tax payable.

Lesson 1 • Audit Risk and Planning

Applies the audit risk model to identify inherent, control, and detection risks. Risk assessment drives the entire audit strategy and resource allocation.

Lesson 2 • Audit Evidence and Substantive Procedures

Applies substantive analytical procedures and tests of detail to financial statement assertions. Evidence quality and sufficiency determine the reliability of audit conclusions.

Lesson 3 • Internal Controls and Control Testing

Evaluates internal control systems and designs tests of controls for key transaction cycles. Effective controls reduce substantive testing requirements and audit risk.

Lesson 4 • Audit Completion and Reporting

Covers subsequent events, going concern evaluation, and forming the audit opinion. Connects all audit work to the final report communicated to stakeholders.

Lesson 1 • Corporate Governance Frameworks

Applies principles-based governance codes to board structure, accountability, and stakeholder relations. Governance quality directly influences investor confidence and organisational integrity.

Lesson 2 • Company Formation and Structure

Explains the incorporation process, types of business entities, and constitutional documents. Distinguishes the legal personality of companies from their owners and directors.

Lesson 3 • Insolvency and Corporate Restructuring

Covers the triggers, procedures, and stakeholder impacts of corporate insolvency and restructuring. Prepares students to advise on distressed company scenarios within legal boundaries.

Lesson 4 • Contract Law Essentials

Identifies the elements of a valid contract, vitiating factors, and remedies for breach. Provides the legal foundation for understanding commercial agreements in business.

Lesson 1 • Strategic Analysis Frameworks

Applies environmental, industry, and internal analysis tools to assess strategic position. Synthesises multiple analytical outputs into a coherent strategic picture.

Lesson 2 • Leadership and Change Management

Applies leadership theories and change management models to organisational transformation. Effective leadership is the human enabler of strategic execution and cultural change.

Lesson 3 • Strategic Choice and Evaluation

Evaluates strategic options using suitability, feasibility, and acceptability criteria. Connects strategic choice to financial outcomes and stakeholder expectations.

Lesson 4 • Ethics, Professionalism, and Sustainability

Applies professional ethical frameworks and sustainability reporting to strategic decisions. Integrates ESG considerations into business strategy and stakeholder accountability.