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Home Specialist skills Finance Corporate Essentials - Bookkeeping

Corporate Essentials - Bookkeeping

Utilise the accounting system to record financial transactions, monitor business performance and apply the principles that underpin double-entry bookkeeping.
Understand ledger accounting and advanced double-entry bookkeeping.
Correct errors, write journals and prepare draft financial statements.
Process financial transactions accurately.
Confidently discuss finance operations with finance colleagues.

Overview

Off the shelf (OTS)

This training course is a deep dive into the world of bookkeeping. It introduces you to the accounting system from the source documents used at the start of the process right through to preparing financial statements at the end. During the course you’ll learn how accounting systems are organised into the general and subsidiary ledgers and how to apply the principles of double-entry. Categories of accounts, VAT, reconciliations and the correction of errors is also covered.

• Apply the principles of double-entry bookkeeping
• Reconcile control accounts
• Write common journals
• Prepare initial financial statements
• Correct both disclosed and undisclosed errors and clear a suspense
• Process transactions through both the general and subsidiary ledgers.

This course is designed for non-finance professionals or those at the start of their finance journey, with no prior knowledge or experience required. Also suitable for those who work in the finance department but have limited bookkeeping understanding/ experience or need a fast-track grounding on accounting systems. This is not a qualification and there are no exams or formal assessments included in this course, making it ideal for learners who prefer a relaxed and practical learning environment.