Accounting : Understanding Debits and Credits
Accounting : Understanding Debits and Credits | CPD Accredited | 10 CPD Points/Credits
CPD Courses
Summary
- Exam(s) / assessment(s) is included in price
- Tutor is available to students
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Overview
Understanding Debits and Credits
A skilled and professional accountant in modern businesses is a valuable asset to the organisation. An accountant plays numerous administrative roles in an organisation and performs the various financial functions such as financial data management, financial data analysis, advising on business operations, preparation of financial statements, supervising and assisting with taxation issues, etc.
The unit focuses on the role of the accountant, accounting personnel and different methods of accounting. It also describes the advantages of the double-entry system, the nature of accounting functions and various types of accounting including a look at the meaning of debit and credit and the differences between bookkeeping and accounting.
In this unit, candidates will learn about the organisation of accounting and finance, the bases of accounting and accounting terminology.
CPD
Course media
Description
Accounting and Finance
Objectives
After completing this course learners will be able to:
- Describe the activities of an accountant
- Discuss the roles of accounting personnel and the accounting function in an organisation
- Describe the advantages of the Double-Entry System
- Explain single-entry and double-entry bookkeeping
- Understand the types of Accounting
- Differentiate between Bookkeeping and Accounting
Program Content
Lesson(s)
Introduction to the Role of an Accountant
Topics
- The Role of an Accountant
- Accounting Personnel
- Methods of Accounting
- Advantages of Double-Entry System
- Types of Accounting
- Distinction between Bookkeeping and Accounting
- Objectives of Bookkeeping
- Organisation of Accounting and Finance
- Bases of Accounting
- Accounting Terminology
Who is this course for?
- New or recent recruits to banking and financial organisations
- Operations and support staff
- Finance and accounting staff
- Dealers and Traders
Requirements
No prior knowledge is required to take this courses
*Note: This is an independent unit not a complete course so does not equalize to a course. This will give you 10 CPD points to add on your CV. At the end of the unit, you can claim CPD Accredited unit by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
