Explore the basic principles of bookkeeping in this lively and engaging online course. Discover the differences between single and double entry, and learn how to apply it practically within almost any business model.
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Subjects
Bookkeeping
Course programme
Understand the importance of adhering to a code of Professional Ethics
Understand the basic differences between the structures of different types of businesses
Understand the importance of legislation that applies to bookkeepers
Understand the basic elements of a contract
Understand the Accounting Equation
Understand the concept of reporting on a cash basis for income tax purposes
Identify the various methods of payments and receipts to and from a bank account
Understand the need for bank security
Understand the basic accounting concepts
Understand the purpose and range of business documents.
Understand the need to accurately prepare business documents for goods supplied
Understand the need to check business documents received
Understand the purpose of, and make entries into, the ledger accounts
Use a set of control accounts in the ledgers
Understand the purpose of, and make entries into, the books of prime entry
Understand the process of dealing with and accounting for VAT in the ledgers.
Understand the use of an analysed cash book
Understand the purpose and need to record petty cash
Understand the purpose and use of the two and three column cash books
Understand the purpose and use of the trial balance.
Health and Safety
Business Set Up
Processing Nominal Ledger and Subsidiary Ledger Accounts
Generate reports
Additional information
Learn the fundamental principles of single and double entry bookkeeping, and gain understanding of how to apply these skills whether working with a manual or computerised bookkeeping system.
Gain essential knowledge and practical skills that can be applied across a wide range of industries and sectors, including sales, marketing, retail and manufacturing.
Equips students with knowledge, skills and experience that can be applied whether working in an employed or self-employed capacity.
Discover how to apply postings from books of prime entry, how to transfer postings from source documents to ledger accounts and how to produce an initial trial balance.
Learn how to set up a computerised bookkeeping system within almost any kind of business model.
Discover how to correctly enter all financial transactions, and understand how to use all the available and relevant information in order to produce accurate and up to date reports.
The exam consists of 3 online assessments, all of which are taken in a specified order to ensure that the student has fully grasped each part of the course syllabus.
Upon successful completion of the 3 online assessments, students are then qualified to work as an employed assistant bookkeeper, providing they perform their duties under appropriate supervision.
Benefit from a flexible and innovative online learning solution that's designed to appeal to the individual learning style of each student
This online course is optimised for all use on all the latest browsers including Google Chrome and Internet Explorer 8+, and designed to provide a fast and efficient learning experience whether accessed via PC, laptop, tablet or mobile device.
