Skip to content

Bookkeeping Essentials: General Ledger, Cash Flow, Balance Sheet & Audit

Win Complementary PDF Certificate on Bookkeeping & Get Unlimited Tutor Support


Skill Arts

Summary

Price
Save 7%
£12 inc VAT (was £13)
Offer ends 30 September 2024
Study method
Online, On Demand What's this?
Duration
1.3 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Accredited Certificate of Completion from SkillArts - Free
  • Reed Courses Certificate of Completion - Free
  • SkillArts Official Transcript - £3
Additional info
  • Tutor is available to students

5 students purchased this course

Add to basket or enquire

Overview

Unlock Your Bookkeeping Potential with Our All-Encompassing Course

Initiate your Bookkeeping journey with our all-inclusive course tailored for entrepreneurs, finance professionals, and anyone interested in Bookkeeping. This course takes you from Bookkeeping basics to expert-level Bookkeeping knowledge.

Learning Outcomes

Upon successful completion of this Bookkeeping course, participants will:

  • Gain an in-depth grasp of Bookkeeping principles essential for effective financial management in business settings.
  • Master key Bookkeeping terminologies and Bookkeeping accounting standards.
  • Learn how to execute Bookkeeping tasks such as recording financial transactions and managing ledgers.
  • Become proficient in Bookkeeping areas like accounts receivable and accounts payable management.
  • Develop skills for preparing Bookkeeping reports like Income Statements, Balance Sheets, and Cash Flow Statements.

SkillArts is duty bound to provide you with top level elearning, produced and maintained by industry experts.

There are no hidden fees, no sudden exam charges, and no other kind of unexpected payments.

Certificates

Accredited Certificate of Completion from SkillArts

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

SkillArts Official Transcript

Digital certificate - £3

Curriculum

11
sections
13
lectures
1h 17m
total

Course media

Description

The Bookkeeping Online Course is built to industry standards, segmented into digestible modules that extensively cover each Bookkeeping facet.

Course Details:

Module One: Fundamentals of Bookkeeping

  • Recognize the vital roles of a Bookkeeper and Accountant in Bookkeeping.
  • Understand why Bookkeeping is pivotal in business financial management.
  • Introduction to Bookkeeping concepts, principles, and terminology.

Module Two: Double-Entry Bookkeeping System

  • Familiarize yourself with the double-entry Bookkeeping system, a cornerstone in Bookkeeping.
  • Grasp Bookkeeping rules for debit and credit entries.
  • Learn to record transactions efficiently in Bookkeeping journals.

Module Three: The General Ledger in Bookkeeping

  • Introduction to the Bookkeeping General Ledger.
  • Discover how to post Bookkeeping transactions to the Ledger.
  • Learn how to balance Ledger accounts in Bookkeeping and prepare a Trial Balance.

Module Four: Bookkeeping for Accounts Receivable and Payable

  • Understand the Bookkeeping techniques for managing Accounts Receivable and Accounts Payable.
  • Learn Bookkeeping methods for recording transactions in these accounts.
  • Techniques for Bookkeeping reconciliation of Accounts Receivable and Payable.

Module Five: Bookkeeping and the Income Statement

  • Learn how to create an Income Statement in Bookkeeping.
  • Understand revenue recognition in Bookkeeping.
  • Bookkeeping techniques for calculating and recording Cost of Goods Sold and expenses.

Module Six: The Balance Sheet in Bookkeeping

  • Grasp the Bookkeeping basics of crafting a Balance Sheet.
  • Bookkeeping categorizations for assets and liabilities.
  • Understand capital and retained earnings in Bookkeeping.

Module Seven: Cash Flow Statements and Bookkeeping

  • Delve into Bookkeeping strategies for creating a Cash Flow Statement.
  • Learn about different Bookkeeping categories for cash flows: operating, investing, and financing activities.

Module Eight: Financial Budgeting in Bookkeeping

  • Realize the importance of financial budgeting in Bookkeeping.
  • Bookkeeping methods for creating Sales, Production, and Cash Budgets.

Module Nine: The Role of Auditing in Bookkeeping

  • Comprehend the Bookkeeping importance of auditing.
  • Types of Bookkeeping audits and the auditing process.

Module Ten: Advanced Bookkeeping and Future Trends

  • Explore the influence of software and technology on Bookkeeping.
  • Ethics and career opportunities in Bookkeeping.
  • Continuing education and certifications in Bookkeeping.
  • Future of Bookkeeping: Automation, AI, and Cloud-Based systems.

Who is this course for?

  • Financial professionals aiming to specialize in Bookkeeping.
  • Entrepreneurs interested in Bookkeeping for effective financial management.
  • Anyone committed to mastering Bookkeeping skills.

Requirements

This Bookkeeping Training does not have any prerequisites or formal requirements.

Career path

This Bookkeeping Masterclass can help you excel in your career in various ways.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Reviews

5.0
Course rating
100%
Service
100%
Content
100%
Value

FAQs

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2024. All rights reserved.