ACCA F1 Accountant in Business (FAB/F1)
Prepare for ACCA's ‘Accountant in Business’ exam (FAB/F1), part of the Diploma in Accounting and Business.
This award winning on-line Diploma is suitable for anyone looking to do an introductory qualification in accounting and finance, including school leavers or those already working in accounts-support roles.
About this course
This course will help you understand business in the context of its environment, including economic, legal and regulatory influences on such aspects as governance, employment, health and safety, data protection and security.
On completion of the course, you will understand:
- the purpose and types of businesses and more about how the external environment impact them
- business organisation structure, functions and the role of corporate governance
- how accountancy and audit support effective financial management and communication
- leadership and how people are developed within businesses
- what makes for a high performing team
- the vital role of professional ethics and professional values in all aspects of business.
Completion of this course will also prepare you for the ACCA exam ‘Accountant in Business’ (FAB/F1), one of three exams required to achieve the ACCA Diploma in Accounting and Business.
The syllabus for FAB/F1, Accountant in Business introduces students who may not have a business background, to the business, which as an entity is made up of people and systems which interact with the environment and with each other. The syllabus begins with examining the purpose and types of business which exist, the key stakeholders and the rights and responsibilities that businesses have in connection with them, exploring the external influences that affect the business in its environment, including economic, legal, social and technological factors. The syllabus then examines the structure and functions of business, focusing on corporate governance and the specific accounting related roles in this process, particularly in financial reporting, assurance, control and compliance. The syllabus then introduces key leadership, management and people issues such as effective individual and team behaviour, motivation and personal effectiveness. The final section of the syllabus examines how behaviour at all levels within business should be underpinned by accepted professional ethics and professional values
Take this course if you have a basic knowledge of business and finance, are starting out in finance, or if you work in finance but do not have a professional qualification.