Management Information will develop knowledge and understanding of providing basic management information in an organisation to support management in planning and decision-making.
- Teacher: walter Akello
- Teacher: Hesbon Course Administrator
The syllabus for FA1, Recording Financial Transactions, introduces the candidate to the
fundamentals of preparing and recording financial documentation from originating
documents and processing business transactions up to the trial balance stage. It also covers
relevant banking procedures associated with bookkeeping, maintaining and reconciling cash
and petty cash records, preparing journal entries, updating relevant general ledger accounts
and identifying and correcting errors.
- Teacher: Hesbon Course Administrator
On successful completion of this examination, candidates should be able to:
A Explain the role of costing within the organisation and how costs are classified
B Describe and record costs by classification
C Explain and apply cost accounting techniques
D Use management accounting techniques to make and support decision-making.
E Explain the principles of cash management
- Teacher: Hesbon Course Administrator