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AAT Level 3 Financial Accounts for Sole Traders & Partnerships (FSTP)

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Presentation on theme: "AAT Level 3 Financial Accounts for Sole Traders & Partnerships (FSTP)"— Presentation transcript:

1 AAT Level 3 Financial Accounts for Sole Traders & Partnerships (FSTP)

2 Overview

3 Timetable 12/11/2015Final Accounts for Sole Traders and Partnerships - CBL 19/11/2015Final Accounts for Sole Traders and Partnerships - CBL 26/11/2015Final Accounts for Sole Traders and Partnerships - CBL 03/12/2015FSTP Revision & Mock Exam 10/12/2015Final Accounts for Sole Traders and Partnerships Final Exam 17/12/2015Free / Re-sit Week

4 FSTP Exam Computer based test 2 hours TaskMarksContent 118Incomplete records and reconstructing general ledger accounts 215Missing figures and the process involved in the preparation of financial statements. 318Financial statements for sole traders. 424Partnership accounting 517Partnership statement of financial position

5 Final Accounts for Sole Traders & Partnerships Aim Understand the need for and the process involved in the preparation for final accounts for sole traders and partnerships.

6 Final Accounts for Sole Traders & Partnerships Session Objectives 1.Correctly identify and explain two errors identifiable and two errors not identifiable by the Trial Balance 2. Correct errors and produce a revised Trial Balance


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