CIMA CIMAPRA17-BA3-1 Exam Syllabus
BA3 - Fundamentals of Financial AccountingTotal Questions: 393
What is Included in the CIMAPRA17-BA3-1 Exam?
Authentic information about the syllabus and an effective study guide is essential to go through the CIMA CIMAPRA17-BA3-1 exam in the first attempt. The study guide of Study4Exam provides you with comprehensive information about the syllabus of the CIMA CIMAPRA17-BA3-1 exam. You should get this information at the start of your preparation because it helps you make an effective study plan. We have designed this CIMA Certificate in Business Accounting certification exam preparation guide to give the exam overview, practice questions, practice test, prerequisites, and information about exam topics that help to go through the CIMA BA3 - Fundamentals of Financial Accounting (2022) exam. We recommend you to the preparation material mentioned in this study guide to cover the entire CIMA CIMAPRA17-BA3-1 syllabus. Study4Exam offers 3 formats of CIMA CIMAPRA17-BA3-1 exam preparation material. Each format provides new practice questions in PDF format, web-based and desktop practice exams to get passing marks in the first attempt.
CIMA CIMAPRA17-BA3-1 Exam Overview :
|Exam Name||BA3 - Fundamentals of Financial Accounting|
|See Expected Questions||CIMA CIMAPRA17-BA3-1 Expected Questions in Actual Exam|
|Take Self-Assessment||Use CIMA CIMAPRA17-BA3-1 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure|
CIMA CIMAPRA17-BA3-1 Exam Topics :
|A. Accounting Principles, Concepts and Regulations||10%||
1. Explain the principles and concepts of financial accounting
(a) Explain the need for accounting records
(b) Identify the needs of different user groups
(c) Distinguish between the purposes of financial and management accounts
(d) Explain capital and revenue, cash and profit, income and expenditure, assets and liabilities
(e) Explain the underlying assumptions, policies and accounting estimates
(f) Identify the need for and information to be included in an integrated report;
(g) Describe the accounting equation
(h) Explain the need for accounting codes
2. Explain the impact of the regulatory framework on financial accounting
(a) Explain the influence of legislation and accounting standards on published accounting information
|B. Recording Accounting Transactions||50%||
1. Prepare accounting records.
(a) Prepare the books of prime entry
(b) Apply the principles of double- entry bookkeeping
(c) Prepare nominal ledger accounts
(d) Prepare the trial balance
(e) Explain the nature of accounting errors
(f) Prepare accounting entries for the correction of errors
(g) Prepare accounting entries for noncurrent assets
(h) Prepare a non-current asset register
2. Prepare accounting reconciliations.
(a) Prepare bank reconciliation statements
(b) Prepare petty cash statements under an imprest system
(c) Prepare sales and purchase ledger control account reconciliations
3. Prepare accounting entries for specific transactions.
(a) Calculate sales tax
(b) Prepare accounting entries for sales tax
(c) Prepare accounting entries for payroll
(d) Prepare accounting entries for the issue of shares
|C. Preparation of Accounts for Single Entities||30%||
1. Prepare accounting adjustments.
(a) Prepare accounting entries for accruals and prepayments
(b) Prepare accounting entries for irrecoverable debts and allowances for receivables
(c) Prepare accounting entries for inventories
2. Prepare manufacturing accounts.
(a) Prepare basic manufacturing accounts
3. Prepare financial statements for a single entity.
(a) Prepare financial statements from a trial balance
(b) Prepare financial statements from incomplete records
(c) Prepare a statement of cash flows
|D. Analysis of Financial Statements||10%||
1. Identify information provided by accounting ratios.
(a) Identify the information provided by the calculation of accounting ratios
(b) Identify reasons for the changes in accounting ratios
2. Calculate basic accounting ratios.
(a) Calculation of profitability ratios
(b) Calculation of liquidity ratios
(c) Calculation of risk ratios
Updates in the CIMAPRA17-BA3-1 Exam Syllabus:
CIMA CIMAPRA17-BA3-1 exam questions and practice test are the best ways to get fully prepared. Study4exam's trusted preparation material consists of both practice questions and practice test. To pass the actual CIMA Certificate in Business Accounting CIMAPRA17-BA3-1 exam on the first attempt, you need to put in hard work on these CIMA CIMAPRA17-BA3-1 questions that provide updated information about the entire exam syllabus. Besides studying actual questions, you should take the CIMA CIMAPRA17-BA3-1 practice test for self-assessment and actual exam simulation. Revise actual exam questions and remove your mistakes with the BA3 - Fundamentals of Financial Accounting CIMAPRA17-BA3-1 exam practice test. Online and windows-based formats of the CIMAPRA17-BA3-1 exam practice test are available for self-assessment.
- 50000+ Customers feedbacks involved in Products
- Customize your exam based on your objectives
- User-Friendly interface
- Exam History and Progress reports
- Self-Assessment Features
- Various Learning Modes