Basic Bookkeeping Course

INDUSTRY

All

SKILL

Critical Thinking, Planning, Time Management

COUNTRY/REGION

All

LEVEL

Entry

ASSESSMENT STYLE

Formative and Summative

AVG COMPLETION TIME

45 mins
eLearning
Assessments
Mobile Friendly
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WHAT YOU’LL LEARN

  • Learn the fundamentals of bookkeeping, including the systematic recording, organising, and managing of financial transactions in a business setting.
  • Understand the distinction between bookkeeping and accounting, and grasp the core responsibilities of a bookkeeper, from recording transactions to generating financial reports.
  • Familiarise yourself with basic bookkeeping terminology such as assets, liabilities, equity, revenue, expenses, debits, and credits, and their significance in financial record-keeping.
  • Discover the structure and organisation of a chart of accounts to effectively classify and manage financial data for business analysis and reporting.
  • Master the recording of financial transactions using journals and ledgers, and learn the principles of double-entry bookkeeping to ensure accuracy and completeness of financial records.
  • Gain insights into preparing and analysing key financial statements, including balance sheets, income statements, cash flow statements, and statements of retained earnings.
  • Explore the benefits of using accounting software to streamline bookkeeping tasks, enhance data accuracy, and improve financial management and reporting.
  • Understand the importance of ethics, legal considerations, and professional conduct in bookkeeping, including data privacy, security, and compliance with laws and regulations.

COURSE OVERVIEW

Dive into the world of numbers and ledgers with our Basic Bookkeeping course, tailor-made for those keen on mastering the art of financial transaction management in a retail or business environment. This course lays down the foundation of bookkeeping and accounting, distinguishing clearly between the two, while ensuring you grasp the essence of maintaining accurate and lawful financial records. Whether you’re aspiring to be a proficient bookkeeper or simply aiming to understand the financial health of your business better, this course covers all bases from basic bookkeeping terminology to the nuances of double-entry bookkeeping, chart of accounts, and recording transactions.

Moving beyond the fundamentals, the course covers financial statements, an introduction to various accounting software, and the critical aspects of ethics and legal considerations in bookkeeping. With a focus on practical skills, such as managing accounts payable/receivable, reconciling accounts, and generating insightful financial reports, learners are equipped to make informed decisions and meet compliance standards. The course not only emphasises the importance of integrity and professionalism in handling sensitive financial data but also prepares you to navigate the complexities of tax laws, data privacy, and regulatory reporting. Enrol in this basic bookkeeping course to embark on a journey towards becoming a skilled bookkeeper, ready to tackle the financial challenges of today’s business world.

COURSE PREVIEW

COURSE ACTIVITIES

Introduction

  • Introduction to Bookkeeping
  • Lessons

  • Basic Bookkeeping Terminology
  • Chart of Accounts
  • Recording Transactions
  • Financial Statements
  • Introduction to Accounting Software
  • Ethics and Legal Considerations
  • Conclusions

  • Quiz
  • Summary
  • 1

    ENROL

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    ASSESSMENT OPTIONS

    Online Course & Quiz

    Free

    Written Assessment & Marking

    Pro

    Written Assessment & Marking

    Pro

    CERTIFICATIONS

    Example LinkedIn badge you can share after completing the course
    Upon completion you will be issued with a course certificate which will be saved in your account and can be shared on Linkedin under your Licenses & Certifications.