Financial
Accounting
Develop advanced financial reporting skills under IFRS. Prepare and interpret complete financial statements, apply accounting standards, and produce consolidated group accounts — preparing you for senior technician roles in any Ethiopian organisation.
What this module covers
Financial Accounting is the first module of ATQ Level 2. It advances your technical reporting skills beyond the foundations of Level 1 — covering the full preparation of financial statements, accounting standards and consolidated group accounts under IFRS.
Learning Outcomes
Prepare financial statements under IFRS and applicable accounting standards
Account for company transactions including share capital, dividends and reserves
Produce consolidated financial statements for group entities
Apply financial reporting and disclosure requirements to practical scenarios
Interpret financial statements to assess the performance and position of an organisation
Module at a glance
How the course is organised
The course is structured into 7 units covering the full Financial Accounting syllabus.
Unit 1 — The Regulatory Framework
Unit 2 — Trial Balance, Errors and Adjustments
Unit 3 — Inventory, Receivables and Payables
Unit 4 — Non-Current Assets
Unit 5 — Provisions, Equity and Financial Instruments
Unit 6 — Financial Statements: Preparation and Presentation
Unit 7 — Analysis and Interpretation
Test your knowledge
Practice with real exam-style questions drawn from the full Financial Accounting question pool.
3000+
Questions in pool
50
Per exam attempt
∞
Unlimited attempts
Questions are added automatically as new practice sets are published.