Description

This course is accredited by the CPD Standards Institute. Many professional bodies, including accountancy bodies, recognise the Continuing Professional Development Standards Institute. It accredits courses with high-quality learning and career skills development. The bookkeeping course aims to ensure that the participant gains a strong understanding of the introductory elements of finance and bookkeeping, and the ability to apply double-entry accounting in work-simulated examples.

Bookkeeping Course

This is a tutor-led virtual classroom course that lasts two days. It includes an assessment that can be taken later if more revision and practical exercises are needed. The trainer is an experienced Financial professional and trainer.

Course Content

Financial Documentation and making basic account entries:

  • The completion of financial documents such as invoices and credit notes
  • Learn how to use the double-entry accounting system with easy-to-learn techniques
  • Recording cash and credit transactions and a practical explanation of the double-entry system
  • Accounts Payable and Accounts Receivable
  • Posting of journals to the general ledger
  • The preparation and balancing of a bank reconciliation
  • Understanding subledgers and subledger accounting

An Introduction to High-Level Accountancy

  • Making adjustments to the ledger for accruals, prepayments, closing stock, etc.
  • What are month-end journals?
  • What are journals?

The Trial Balance

  • How to prepare a trial balance by making entries to the financial system
  • Creating an extended TB with any additional journals

Balance Sheet and P&L: The Financial Statements

  • Publish your first financial accounts and create a simple Profit & Loss and Balance Sheet

Benefits of taking the course

  • The course delivers an excellent introduction to the principles of finance and bookkeeping
  • It is a great foundation for further study or a sound grounding for starting work in an accounts/finance department
  • The knowledge enables you to work with any accounting software and gain greater autonomy and control over your role
  • It is beneficial for existing staff in a finance department, as it helps them develop a better understanding of finance, enabling them to problem-solve and correct errors in their daily roles rather than being limited to following procedure notes
  • It is a great foundation for pursuing higher education and a career in finance

Dates and Duration

A 2-day course that runs from 10:30 to 16:30.

Suitable for

The course can suit a variety of students who are looking to develop knowledge in Accounting and Bookkeeping. It is beginner-level, so prior knowledge is not required.

Outcome

Successful completion of the course and assessment will result in CPD Certification. This will give you a recognised, well-regarded qualification to broaden your career options.