The aim of FA1 Recording Financial Transactions is to develop knowledge and understanding of the main types of business transactions and documentation and how these are recorded in an accounting system up to the trial balance stage.
The aim of MA1 Management Information is to develop knowledge and understanding of providing basic management information in an organisation to support management in planning and decision-making.
The aim of FA2 Maintaining Financial Records is to 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.
The aim of MA2 Managing Costs and Finance is to develop knowledge and understanding of how to prepare, process and present basic cost information to support management in planning and decision-making in a variety of business contexts.