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Chartered Institute of Management Accountants
The Helicon
One South Place
London
EC2M 2RB
United Kingdom
Telephone
+44 (0) 20 8849 2251
BA3 FUNDAMENTALS OF MANAGEMENT ACCOUNTING
In BA3 students will obtain a practical understanding of financial accounting and the process behind the preparation of financial statements for single entities.
These statements are prepared within a conceptual and regulatory framework requiring an understanding of the role of legislation and of accounting standards. The need to understand and apply necessary controls for accounting systems, and the nature of errors is also covered. There is an introduction to measuring financial performance with the calculation of basic ratios.
BA3 Syllabus structure
The syllabus comprises the following topics and weightings:
A. Accounting Principles, Concepts and Regulations (10%)
B. Recording Accounting Transactions (50%)
C. Preparation of Accounts for Single Entities (30%)
D. Analysis of Financial Statements (10%)
EXAM FORMAT
Format: computer based
Availability: on demand at any of the 5,500 Pearson VUE centres around the world
Length: 2 hours
Questions: BA1, BA2 and BA3 each contain 60 objective test questions, while BA4 contains 85 objective test questions
.
Marking: computer marked
Results: provisional result available immediately followed by confirmation no more than 48 hours later