Study to become an Effective Bookkeeper
Keeping organised books is a key aspect of any business, large or small. Large businesses usually employ accountants to work out their incomings and outgoings. Smaller businesses often keep their own records. If bookkeeping is not done, or not done properly it can be very costly to bring in an accountant to sort it out.
This course works through all you need to know to successfully conduct bookkeeping at an elementary level. It will help students to apply their skills to a small business so the accounts can be recorded in a timely fashion and organised in a logical way. Take control of finances and gain a greater insight into the profitability of the business.
What the Course Covers
- Introduction – Nature and Function of Accounting for Service Firms
- Balance Sheet
- Analysing and Designing Accounting Systems
- The Double Entry Recording Process
- Cash Receipts and Cash Payments Journal
- Credit Fees and Purchases Journal
- The General Journal
- Closing the Ledger
- Profit and Loss Statement
- Depreciation on Non-current Assets
- Profit Determination and Balance Day Adjustments
- Cash Control: Bank Reconciliation and Petty Cash
- Cash Control: Budgeting
The following books, available through this web site may be relevant supplementary reading for this course:
- Business Operations
- Starting a Business
There are three basic types of assessment. Assessments are more than just a way of giving you a final result though! For us; these assessments are opportunities to revisit things you have studied; interact with our academic staff, and look at things from another perspective. Psychologists know that true learning requires revisiting what you learn. Through these assessments, your learning is strengthened and in doing so, your ability to retain and apply your learning after study is strengthened.
By giving you different types of assessment tasks, the ways in which you encounter information is varied. The three types of assessments are:
1. Self-assessment tests (SAT): These are presented during each lesson and are essentially an on-line quiz. These provide immediate results, so you are able to identify areas that require further work.
2. Assignments: These are undertaken at the end of each lesson and are designed to consolidate the lesson aim and the content.
3. Optional Final Exam: Upon successful completion of all the lessons, you are able to choose to sit a final exam. This can be sat at your convenience. There is an additional cost for this option. Upon successful completion of the exam, you will receive a formal transcript as proof of your results.
How Long Will You Take?
This course is flexible, allowing you to study at times that suit you. It is designed so that most students will take about 100 hours to complete it. What that looks like, is totally up to you.
Recognition and Ethics
This college is a member of the ACS Affiliates Network. These are Colleges that are located in offices around the world and are affiliated with each other through ACS Distance Education. Courses are developed with input from all the staff at these colleges, reflect internationally accepted standards and needs.
A strict “No Plagiarism” policy exists. Assignments are checked for plagiarism, and if plagiarism is detected, work will not be deemed to have been completed and will be penalised.
How This Course Could Help You
This course is valuable to anyone with a small business, who is self-employed, or who wants to take a greater role in a small business by overseeing all aspects of bookkeeping. The skills learnt here will stand you in good stead for now and the future.
Study this course by itself or along with other management or business subjects to improve your business acumen.