Sneak Peek
Bookkeeping- 20hr Short Course- Understand the essentials of Bookkeeping
What do you need to do to start managing your business accounts? This course will help you start out and get a good basic understanding.
Bookkeeping involves the collection, preparation and recording of financial data so that informed decisions can be made, implemented, and evaluated.
Whether you are wanting to start your own business and would like to understand the basics of bookkeeping or even start your own bookkeeping business, you need to learn the essentials. This 20 hour bookkeeping course will help you understand the basics and have a good framework to ensure that you incoming and outgoing money in a business is properly recorded and accounted for.
What's Inside?
LESSON 1 SCOPE & NATURE OF BOOKKEEPING
Introduction
What is bookkeeping?
Why is record keeping important in bookkeeping?
What are the books?
Terminology and the bookkeeper’s world
Financial information
Hints and tips for making bookkeeping stress free from day one
Case study: Sally’s hairdressing studio
Review what you have been learning
LESSON 2 ACCOUNTING NORMS
Accounting conventions and doctrines
Accounting standards
Case study: Nigel’s freelancing business
Review what you have been learning
LESSON 3 THE BOOKKEEPING PROCESS
Understanding the flow of information in bookkeeping
How and when do you record transactions?
Case study: Carlo’s chiropractic
Review what you have been learning
LESSON 4 DOUBLE ENTRY BOOKKEEPING
Ledgers
Case study: Joe’s gardening services
Review what you have been learning
LESSON 5 CHART OF ACCOUNTS – BALANCE AND INCOME STATEMENTS
About the chart of accounts
Case study: Rob the builder
Review what you have been learning
LESSON 6 LEDGER ACCOUNTS -PROFIT AND LOSS STATEMENTS
Ledger accounts and double entry bookkeeping
Footing ledger accounts
The trial balance
Accounting for drawings
Case study: Jimmy loses everything
Review what you have been learning
LESSON 7 CASH RECEIPTS & PAYMENTS JOURNALS
Journals
Case study
Review what you have been learning
LESSON 8 WHAT COMES NEXT?
Review what you have been learning
Final assessment
How does this course work?
You can enrol at any time.
Once you have paid for the course, you will be able to start straight away.
Study when and where you like. Work through at your own pace.
You can download your study-guide to your smart phone, tablet or laptop to read offline.
There are automated self-assessment tests you can complete at the end of each lesson. You can attempt these as many times as you wish and each time, upon completion, you can see your results. You will need internet access to complete the self assessment tests.
At the end of the course, you are presented with a large assessment which can be attempted online, anywhere, anytime. If you achieve a 60% pass in the exam; you immediately receive a downloadable certificate of completion with your name on it. If you do not achieve a 60% pass rate, you can contact us to re-sit your exam.
Contact us at anytime if you have any issues with the course.