Introduction to business accounting

City Lit

Course

In London

£ 189 VAT inc.

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Description

  • Type

    Course

  • Location

    London

  • Start date

    Different dates available

Learn about accounting topics such as balance sheets, profit and loss statements, accounting technology and accounting principles.

Facilities

Location

Start date

London
See map
Keeley Street, Covent Garden, WC2B 4BA

Start date

Different dates availableEnrolment now open

About this course

- Recognise standard accounting concepts
- Be able to use balance sheets, distinguishing assets from liabilities
- Recognise balance sheet equation
- Be able to use the 3 methods of calculating depreciation
- Be able to calculate profit and loss
- Calculate the cost of goods sold.

Students can bring a calculator if they wish.

Students will be given exercises to complete outside of class time.

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Subjects

  • Business Accounting

Course programme

- The Nature and Objectives of Accounting Information.
- Accounting Principles/Concepts underlying the preparation of accounts.
- Balance Sheet/Position Statement. Categorise the assets and liabilities.
- Calculating Depreciation using Straight Line Method, Reducing Balance Method
- Stock Valuation. Three main methods - FIFO, LIFO, AVCO.
- The Income Statement or Profit and Loss Account.
- Calculating Cost of Goods Sold.

Additional information

Introduction to Sage Accounts, introduction to Sage Payroll or a short introduction to Bookkeeping. General information and advice on courses at City Lit is available from the Student Centre and Library on Monday to Friday from 12:00 – 19:00. See the course guide for term dates and further details

See related categories

Introduction to business accounting

£ 189 VAT inc.

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