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Basic Business Bookkeeping Course

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Last updated 5/2022 English
Overview

The Basic Business Bookkeping Course is designed for entrepreneurs, financial and bookkeeping staff who wish to gain a basic understanding of how the “books of account” are designed and integrate into business, leading ultimately into the Financial Statements.

Effective and efficient accounting and bookkeeping is the backbone of every business. Whether you are a bookkeeper, financial clerk or business manager, in the financial department of a business, or a business manager experiencing a growing exposure to the company’s financial statements, a solid understanding of basic business accounting will assist you in broadening your financial skill set.

This course outlines and builds on the accounting terms and principles taught at school, and builds on this, adding business application tools and tips. Reimagine your career when you are well-versed in accounting terms and principles, able to apply the accounting equation to business, and comfortable with analysing the company’s financial statements.

Reimagine your professional success if you could understand financial statements and extract the financial information you need to add to your department or business unit’s financial success.

By the end of the course learners will be able to understand basic business accounting statements and extract valuable financial information.

Practical Basic Bookkeeping

  1. Basic Bookkeeping and Accounting Terminology
  2. Double Entry System / Principle
  3. Source Documents
  4. Accounting Cycle
  5. Understanding the Accounting equation
  6. Chart of Accounts
  7. Trial Balance
  8. Balance Sheet
  9. Income Statement
  10. Accruals and Provisions
  11. Journals
  12. Basic Ratio Analysis
  13. Reconciliations
  14. Depreciation and Amortization
  15. Fixed Assets and Fixed Asset Register
  16. Interest Calculation and Compound Interest
  17. Month End / Year End Process
  18. Annual Financial Statements – An Overview
Who this course is for
  1. Entrepreneurs
  2. Financial and Bookkeeping staff
  3. Accounting and Finance students
What you'll learn
  1. Basic Bookkeeping and Accounting Terminology
  2. Why you need Bookkeeping?
  3. Accounting Cycle
  4. Source Documents, Books of First Entry
  5. Chart Of Accounts
  6. Audit Trails
  7. Trial Balance
  8. Reconciliations
  9. Month/Year End Close of Process
  10. Annual Financial Statements (AFS)
Requirements

There are no course requirements other than the desire to learn.

Course Content
3 Sections 6 Lectures 2h 25m total length