Basic Bookkeeping Course | Practical Bookkeeping Training in London
"Our basic bookkeeping courses enables our students to understand the language used in the bookkeeping process and accounting statements."
A job career in bookkeeping can offer a great deal of solidity and prove very rewarding, and practical Bookkeeping course range will aid to equip you with the skills required. Successful completion of Bookkeeping course has a large stream of careers associated with it.
Basic Bookkeeping Course: Overview
Numbers! Numbers Everywhere, wherever you go, you are bound to see the numbers. For example: on addresses, license plates, prices, phones, and of course, money. It connects us all in many more ways than we might imagine. Mainly, our world revolves around numbers, and some of us enjoy dealing with numbers while others may have a fear of them. For those of you who have already appreciated and recognized the impact that numbers have on just about everything, you deserve a cookie.
Welcome to Basic Bookkeeping!
The understanding of bookkeeping is a must in our modern business world. The introductory course would help you understand the fundamentals of tax and business reports resulting from bookkeeping data. The basic course is useful for students planning to have a future career in bookkeeping and accounting.
The basics you get from the course would improve your mastering of bookkeeping basics, including opening your own business as a bookkeeper, or getting a rewarding business career.
You may wonder why you need to understand the core concepts of accounting and bookkeeping. The business owners, directors and, managers need to know the health of their business, and this show in the financial statements. To understand these reports, you need an understanding of basic bookkeeping, how to obtain accurate information, and what each section means.
Future Connect Training offers basic bookkeeping courses which enable students to understand the underlying concepts of bookkeeping. Our basic bookkeeping courses cover bookkeeping systems and basic accounting rules, types of financial activities, cash and accrual basis of accounting.
Introduction To Bookkeeping And Accounting
Practical bookkeeping courses are an excellent manner for start-up business holders to learn how to run their business accounts without reducing into their cash to get cultivated and become financially well-educated. Courses are great if you like an organized approach to knowledge new skills rather than pointed random bits of info off the internet. A business holder who is equipped with bookkeeping knowledge can start inquiring their accountant the right queries, get reasonable control of their cash flow and produce their businesses.
The Topics Covered In Our Basic Bookkeeping Courses Are:
Primary bookkeeping language: Our basic bookkeeping courses explain the terminology and definitions of accounting terms. It enables our students to understand the language used in the bookkeeping process and accounting statements.
· Accounting processes: Our basic bookkeeping courses cover double-entry bookkeeping, accounting equations, how transactions recorded, and how they impact the business.
· Debits and Credits: How each transaction has a debit and credit entry in double-entry bookkeeping is essential for all basic bookkeeping courses. Understanding debits and credits will help you understand your financial statements and asses the health of any business.
· Data recording: Our basic bookkeeping courses explain the importance of recording all the business transaction - this facilitates managing, analyzing and summarizing this information.
· Our basic bookkeeping courses cover ledgers and journals: How to record each transaction in double-entry bookkeeping and widely used bookkeeping software (Sage, QuickBooks, IRIS, TAS & VT). The debit and credit details of each deal recorded in ledgers. The different ledgers and when to use journals for essential purchases also explained.
· Financial statements: The Balance Sheet, profit and loss statement and trial balance are the primary financial statements used to show the health of a business during a year. Our basic bookkeeping courses explain how to prepare these statements and what they say about the company.
· Reviews: Having explained and demonstrated the essential bookkeeping elements, students of our basic bookkeeping courses also have access to online tests to help review their learning, an opportunity to discuss the concepts, definitions and processes with their tutors.
Course Learning Outcomes
After learning this course, you should be able to:
- Understand and apply the important numerical skills essential for bookkeeping and accounting
- Understand and explain the relationship between the bookkeeping equivalence and double-entry bookkeeping
- Record dealings in the suitable ledger accounts using the double-entry accounting system
- Balance off ledger financial records at the end of a bookkeeping period
- Prepare a trial balance, balance sheet and a profit & loss account.
How To Become A Bookkeeping Or Auditing Clerk Or Accounting?
Most bookkeeping or accounting or auditing clerks want some postsecondary training and also learn some of their abilities on the job. They must have simple math and computer skills, including familiarity with spreadsheets & bookkeeping software.
Education for Bookkeeping or Accounting & Auditing Clerks
Employers usually require bookkeeping, bookkeeping, and auditing clerks to have some post secondary education, main coursework in accounting. However, some applicants can be borrowed with just a high school diploma.
Bookkeeping or Accounting & Auditing Clerk Training
Bookkeeping or accounting & auditing clerks typically get on-the-job preparation. Under the help of a supervisor or another qualified employee, new clerks acquire how to do their tasks, such as double-entry bookkeeping.
Licenses or Certifications & Registrations for Bookkeeping / Accounting and Auditing Clerks
Some bookkeeping or accounting & auditing clerks become certified through getting certification. For those who do not have earlier education or any certification is a chiefly useful way to advance proficiency in the field. For certification, applicants must have at least two years of full-time accounting experience or part-time correspondent work, pass a four-part exam, and follow to a code of ethics.
Advancement for Accounting, Bookkeeping, and Auditing Clerks
With suitable experience and further education, some accounting, bookkeeping, and auditing clerks may become accountants or auditors.
Careers Associated To Bookkeeping Course:
- Accountants and Auditors.
- Budget Analysts.
- Bill and Account Collectors.
- Cost Estimators.
- Loan Officers.
- Financial Clerks.
- Secretaries and Administrative Assistants.
- Purchasing Managers, Buyers, and Purchasing Agents.