FA2 Maintaining Financial Records

FA2 Maintaining Financial Records is part of ACCA FIA Foundation in Accountancy

Free FA2 Course notes

Copyright: Selling or profiting in any way from these notes without our permission is prohibited. If you would like to use our course notes in your college, please check our OpenLicence for details.


The syllabus is assessed by a two hour paper-based or computer-based examination. Questions will assess all parts of the syllabus and will include both computational and non-computational elements.

The examination will consist of 50 two mark questions.

The Aim of FIA FA2 exam is to develop knowledge and understanding of the underlying principles and concepts relating to Maintaining Financial Records and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements

When you complete FA2 paper you should be able to explain and understand the following:

• Explain generally accepted accounting principles and concepts
• Outline the principles and process of basic bookkeeping
• Preparing journals and ledger accounts
• Record transactions and events
• Prepare a trial balance (including identifying and correcting errors)
• Reconcile the control accounts and cashbook
• Extending the trial balance, year end adjustments and final accounts
• Account for partnerships.


How to answer multiple-choice questions

Computer-based exams

Five steps to multiple-choice success



FA2 Support forums

Home Forums FIA Foundation in Accountancy FA2 Maintaining Financial Records Forums

This forum contains 45 topics and 117 replies, and was last updated by Profile photo of choy wingyee 1 month, 1 week ago.

Viewing 22 topics - 1 through 20 (of 47 total)
Viewing 22 topics - 1 through 20 (of 47 total)

You must be logged in to create new topics.