MAI STUDIES — Learning for LifeLearning for Life
Courses
Included with membership

Mai Studies Original · Accounting & Finance

ICAEW ACA Study Support: Accounting

A complete Mai Studies study-support programme written for learners preparing for ICAEW ACA Certificate Level study. Each module contains original written notes, a tutor-voice classroom transcript, a practical activity with a worked solution, a mock test with explained answers and a marked written assignment. Mai Studies is an independent provider: it is not ICAEW, it is not an ICAEW Partner in Learning, and this programme carries no exam credit, accreditation or exemption.

10 weeks 60 guided hours Foundation
Join membership to study

Included with Mai Studies membership at no extra cost. Fee waivers are available through scholarships and open access.

ICAEW ACA Study Support: Accounting course artwork

What you will achieve

  • Explain the core principles covered at ICAEW Certificate Level
  • Apply the techniques to structured practice questions
  • Interpret results and explain them in professional language
  • Prepare for timed multiple choice assessment
  • Work to a professional ethical standard

Entry guidance

  • — No prior study required
  • — Comfortable reading business English
  • — Around six study hours each week

Original Mai Studies learning material. This is a professional completion programme, not a regulated qualification or university accreditation.

Programme syllabus

8 applied modules

Lessons
8
Assessed tasks
8
Practice questions
120
Timed mock papers
2
01

Double entry and the accounting equation

This module explains how every transaction keeps assets equal to capital plus liabilities, and why debits and credits always balance.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Double entry and the accounting equation36 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how every transaction keeps assets equal to capital plus liabilities, and why debits and credits always balance.

  • Double entry and the accounting equation: written assignment — marked out of 100, pass at 80%
02

Recording transactions in the ledger

This module explains how source documents become ledger entries, day books and control accounts without losing the audit trail.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Recording transactions in the ledger34 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how source documents become ledger entries, day books and control accounts without losing the audit trail.

  • Recording transactions in the ledger: written assignment — marked out of 100, pass at 80%
03

Accruals, prepayments and the matching concept

This module explains why income and expenses are recognised in the period they relate to rather than when cash moves.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Accruals, prepayments and the matching concept35 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering why income and expenses are recognised in the period they relate to rather than when cash moves.

  • Accruals, prepayments and the matching concept: written assignment — marked out of 100, pass at 80%
04

Non-current assets and depreciation

This module explains how capital expenditure is capitalised, depreciated over its useful life and removed on disposal.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Non-current assets and depreciation35 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how capital expenditure is capitalised, depreciated over its useful life and removed on disposal.

  • Non-current assets and depreciation: written assignment — marked out of 100, pass at 80%
05

Receivables, payables and irrecoverable debts

This module explains how credit balances are managed, when a debt becomes irrecoverable and how allowances are estimated.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Receivables, payables and irrecoverable debts35 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how credit balances are managed, when a debt becomes irrecoverable and how allowances are estimated.

  • Receivables, payables and irrecoverable debts: written assignment — marked out of 100, pass at 80%
06

The trial balance and correction of errors

This module explains how the trial balance is extracted, what it can and cannot detect, and how suspense accounts are cleared.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. The trial balance and correction of errors37 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how the trial balance is extracted, what it can and cannot detect, and how suspense accounts are cleared.

  • The trial balance and correction of errors: written assignment — marked out of 100, pass at 80%
07

Financial statements for sole traders and companies

This module explains how ledger balances become a statement of profit or loss and a statement of financial position.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Financial statements for sole traders and companies35 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how ledger balances become a statement of profit or loss and a statement of financial position.

  • Financial statements for sole traders and companies: written assignment — marked out of 100, pass at 80%
08

Cash flow statements and interpretation

This module explains how cash movements are classified into operating, investing and financing activities and read as a story.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Cash flow statements and interpretation34 min study · 3 learning objectives · practical activity

    Written notes, tutor transcript and a practical activity covering how cash movements are classified into operating, investing and financing activities and read as a story.

  • Cash flow statements and interpretation: written assignment — marked out of 100, pass at 80%

Timed mock papers

  • ICAEW ACA Study Support: Accounting: timed mock paper 1 — 180 minutes, 50 objective questions plus written and computational tasks
  • ICAEW ACA Study Support: Accounting: timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks

Lesson pages, assessed tasks and mock papers open the moment you join this programme. Teaching material is studied online; the notes you write are yours to download.

What students say

No ratings yet.

Sign in as a student on this programme to leave a rating.