FA-1 & MA-1

FA-1

Recording Financial Transactions.

Main Capabilities:

A.  Type of business transactions and documentation.
B.  Duality of transactions and the double entry system.
C.  Banking system and transactions.
D.  Payroll
E.  Ledger Accounts
F.  Cash and Bank.
G.  Sales and credit transactions.
H.  Purchase and credit transactions
I.  Reconciliation.
J.  Preparing the trial balance.


MA-1
Management Information
Main capabilities

A.  Explain the nature and purpose of cost and management accounting.
B.  Identity source documents in a costing systems and correctly code data.
C. Classify costs by nature, behaviour and purpose.
D.  Record costs for material, labour and expenses.
E.  Provide information on actual and expected costs.
F.  Use the spreadsheet system in Microsoft excel.