Bookkeeping Online course
Home > Short Courses

Bookkeeping- Short Course

Not Applicable 

 

$220.00 Another currency? 

    

* Prices include 10% GST for Australian orders.
International orders will have GST removed at the completion of your order.


Sneak Peek

 

Bookkeeping- 20hr Short Course- Understand the essentials of Bookkeeping

Get a good basic understanding of bookkeeping

The aim of this course is to examine the scope and nature of bookkeeping and understand why it is an essential business function.

Record keeping is essential in any bookkeeping practice. Keeping track of money that is coming into and out of a business by keeping a paper trail is essential to accurately track transactions.

COURSE STRUCTURE

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
Business Entity Convention
Going Concern Convention
Accounting Period Convention
Monetary Entity Convention
Recognition of Law
Accounting Doctrines - consistency, relevance, materiality, verifiability
Accounting standards
International Standard Setting Process
Case study: A freelancing business

LESSON 3 THE BOOKKEEPING PROCESS
Understanding the flow of information in bookkeeping
How and when do you record transactions?
Case study: Carlo’s chiropractic

LESSON 4 DOUBLE ENTRY BOOKKEEPING
Ledgers
Opening up a general ledger
Ledger accounts and sub ledgers
General Ledger
Entries resulting from transactions
Recording transactions
Case study: A gardening services

LESSON 5 CHART OF ACCOUNTS – BALANCE AND INCOME STATEMENTS
About the chart of accounts
Case study: Rob the builder

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

LESSON 7 CASH RECEIPTS AND PAYMENTS JOURNALS
Journals - Day books
Journals appropriate for a Service Business
Recording cash transactions in journals
Case study

LESSON 8 WHAT COMES NEXT?
Starting a Bookkeeping Business
Considering blockchain
Where to keep learning and developing skills

Final assessment



Write a Review

Please ensure you are logged in to write a review.
Bookkeeping- Short Course Bookkeeping- Short Course
$220.00 In stock