Accounting Foundations Workshop for First-Year Students (Online / Remote)
1Summary
Struggling with the numbers side of your first accounting exams is more common than most students think, especially when the underlying maths feels unfamiliar. Arab British Fellowship Training Academy built this workshop specifically to close that gap, giving first-year students the confidence and calculation skills that make up a large share of everyday accounting work.
Beyond the exam-prep angle, the workshop also opens a wider window on accounting and corporate finance: how managers use financial information as the basis for decision-making, how companies assess investment opportunities and risk, and how financing needs are formed and evaluated against real-world guidelines. The Academy can arrange the timing and venue to suit you — contact the Arab British Fellowship Training Academy for details.
2Objectives and target group
Who Should Attend?
- First-year accounting students who need extra support before their first-semester exams.
Knowledge and Benefits:
After completing the workshop, participants will be able to:
- Perform value-added tax calculations and understand its accounting treatment.
- Understand internal control and the accounting measures that support it.
- Calculate and record year-end adjustments, including depreciation, premiums, prepayments, and inventory deficits.
- Explain why accounting exists in the first place — maintaining transaction records, calculating profit or loss, describing the financial position of a business, and supplying decision-useful information to both external users (through the profit and loss report and balance sheet) and internal staff.
3Course Content
Module 1: Why Timing and Guidance Matter Before Exams
- Course scheduling built around key test dates, so students revise at the right time.
- Delivered by experienced first-year lecturers who specialise in teaching junior accounting students.
- Content kept up to date and priced far more affordably than private tuition.
Module 2: Core Quantitative and VAT Skills
- The maths skills behind everyday accounting calculations.
- Performing value-added tax calculations and their accounting treatment.
Module 3: Internal Control Essentials
- Understanding internal control and the measures that make it work.
Module 4: Year-End Adjustments and Corporate Finance Foundations
- Recording year-end adjustments: depreciation, premiums, prepayments, and inventory deficits.
- Key theories and applications behind corporate finance decisions.
- How companies evaluate investment opportunities, assess risk, and determine financing needs against real-world guidelines.
Module 5: The Practical Purpose of Accounting
- Summarising the core objectives of accounting: recordkeeping, profit/loss calculation, describing financial position, and informing decisions.
- Using internal and external financial information to evaluate business performance.