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Home Specialist skills Finance

Corporate Essentials - Fundamentals of financial accounting

Process and code financial transactions accurately
Apply double-entry bookkeeping principles.
Define the concept of accruals

Overview

Off the shelf (OTS)

This training course introduces you to double-entry bookkeeping principles and focuses on accurately categorising transactions into accounts. It also explains how to account for VAT and the difference between accruals and cash accounting. This course is suitable if you have no, or limited bookkeeping understanding/ experience, and if you find yourself in a role where, for example, you must code purchase orders correctly.

This course covers:
•Categories of accounts.
•The principles of double-entry bookkeeping.
•Value added tax.
•The difference between accruals accounting and cash accounting

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 experience or need a fast-track grounding in Accountancy & Finance. 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.