The FA1 Exam Kit has been designed to complement the Study Text. It contains over 300 exam-style questions covering the main principles of preparing and recording financial documentation, which has evolved to incorporate modern computerised accounting processes. The kit also tests the main types of business transactions and key examinable topics.

Topics covered:

Types of business transactions and documentation
Duality of transactions and the double entry system
Banking systems and transactions
Payroll
Ledger Accounts
Cash and Bank
Sales and Credit transactions
Purchases and Credit transactions
Reconciliation
Preparing the trial balance