The SoundBasics Technology Wonder: “The F&A Drill”

Quick Demo

One key aspect of the Sound Basics Courseware is a ‘one-of-its-kind’ Training and Assessment Software tool, ‘The F&A Drill’.

The F&A Drill uses simulations and several novel features to teach the students the essentials of key F&A concepts most effectively. The unique F&A Drills cover a range of F&A topics starting from Fundamentals like Debit-Credit concepts, Building Chart of Accounts, Accounting entries to Analysis / Scrutiny oriented topics like Trial Balance Scrutiny, Financial Statement Preparation and Ratio Analysis.

For instance, while training students in Transaction Processing, The F&A Drill confronts a student with hundreds of Business & Financial Events, seeking his/her response to the same. Each Event is skilfully hand crafted with several built-in complexities. Supporting documents and papers (like Bills, Purchase Orders, Agreements, Contracts etc.) have been created for each Event.

The student has to view the supporting documents carefully, and then respond suitably to each Event. The response is obtained by the software under 4 broad heads : (a) Accounting (b) Impact (c) Controls, and (d) Compliance. Each of these 3 heads further captures the student’s response/answers under a number of parameters.

The student is scored on each parameter, and can see his/her response against the ‘correct’ response.

The F&A Drill covers the other topics with equally creative exercises and drills.


Structured Data, Review
Title: The Unique Sound​Basics ‘software-led’ Drills
Reviewed by SoundBasics
Rating: 5.0
Summary: The Unique SoundBasics ‘software-led’ Drills on F&A concepts, Soundbasics Demo video
Description: The unique F&A Drills cover Debit-Credit concepts, Building Chart of Accounts,Trial Balance Scrutiny, Financial Statement Preparation and Ratio Analysis. One key aspect of the SoundBasics Courseware is a ‘one-of-its-kind’ Training and Assessment Software tool, ‘The F&A Drill’.The student is scored on each parameter, and can see his/her response against the ‘correct’ response.