CIMA Certificate BA3
Fundamentals of Financial Accounting

The main objective of this subject is to 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.

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%)

The Exams

Objective Test - Computer Based Exams
•    On demand computer based exams 
•    Multiple choice and objective questions
•    Pass mark is 50%
•    Duration 2 hours

Objective Tests are comprised of a range of items including short multiple choice questions, number entry questions, drag and drop questions and other formats. They test all component learning outcomes across the whole subject.

For further details of the syllabus, visit the CIMA website




Course Information

Each CIMA Certificate classroom course will comprise an integrated teaching and revision phase culminating in a timed mock exam. It will be offered as either an evening or a weekend course or a combination.

All course materials will be provided, including Textbook, Revision Kit, Passcards and Vale FT course notes.

Classroom Course
  • Integrated Teaching and Revision: 6 days
  • Mock: invigilated & marked with feedback