Accounting Training Level 1

Overview

This Accounting Training Level 1 course is designed to provide participants with a comprehensive understanding of bookkeeping and accounting basics. The course covers choosing an appropriate accounting method, keeping the books, tracking purchases, counting sales, presenting financial condition and business valuation, and analyzing financial statements. Participants will learn the fundamentals of bookkeeping and accounting, including how to choose the right accounting method for their business, how to keep accurate and up-to-date books, and how to track purchases and sales effectively.

In addition, participants will learn how to present the financial condition of their business and perform business valuation, allowing them to understand the overall value of their company. They will also learn how to analyze financial statements to gain insights into their business's financial health and identify areas for improvement. By the end of the course, participants will have gained a strong foundation in accounting and bookkeeping, enabling them to manage their finances more effectively and make informed business decisions.

What Will You Learn?

• Understand bookkeeping and accounting basics, including choosing the right accounting method for your business
• Keep accurate and up-to-date books, including tracking purchases and counting sales
• Present the financial condition of your business and perform business valuation
• Analyze financial statements to gain insights into your business's financial health and identify areas for improvement

Who Should Take The Course

• Small business owners who need to manage their finances effectively
• Start-up entrepreneurs who want to learn how to keep accurate financial records
• Accounting professionals who need to refresh their knowledge of basic accounting principles
• Students who want to enhance their knowledge of accounting and bookkeeping
• Individuals who want to learn more about managing their personal finances

Requirements

To take this Accounting Training Level 1 course, you will need access to a computer or mobile device with internet connectivity. You do not need any prior accounting or bookkeeping knowledge, as the course is designed to be beginner-friendly. However, it is recommended that you have a basic understanding of mathematical concepts, such as addition, subtraction, multiplication, and division, to understand some of the financial calculations covered in the course.