Accounting & bookkeeping

Overview

This Accounting & Bookkeeping course provides a comprehensive understanding of the fundamental concepts and practices involved in managing finances for a business. The course begins with an introduction to bookkeeping and accounting method concepts, followed by an explanation of how to keep track of business finances. It covers balance sheets and financial statements, as well as payroll accounting terminology. The course also delves into end-of-period procedures, financial planning, budgeting, and control, as well as auditing. Upon completion of this course, learners will have the knowledge and skills required to manage finances effectively and efficiently for a business in the UK.

What Will You Learn?

• Introduction to the principles and concepts of bookkeeping and accounting
• Understanding the different accounting methods and standards
• Learning how to keep track of business transactions and maintain accurate records
• Understanding the balance sheet and financial statements
• Familiarization with payroll accounting terminology
• End-of-period procedures and closing the books
• Financial planning, budgeting, and control
• Introduction to auditing and its importance in accounting practice

Who Should Take The Course

This Accounting & Bookkeeping course is suitable for individuals who want to develop their skills and knowledge in financial management, including those who are interested in pursuing a career in accounting, bookkeeping, or finance. It is also beneficial for business owners, managers, or entrepreneurs who want to manage their finances more effectively. No prior accounting or bookkeeping experience is required.

Requirements

The Accounting & Bookkeeping course is suitable for learners with no prior experience in accounting or bookkeeping. However, a basic understanding of mathematics and the English language is recommended. Additionally, learners should have access to a computer with internet connectivity to complete the online coursework and practice exercises.