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BookKeeping (ICM)

Description

BookKeeping is the side of the business that ensures financial records such as receipts and payments, sales, purchases and expenses are maintained accurately. Allowing informed decisions to be made about the price to charge for goods and services.
Accounting is a step on from bookkeeping as it is used to communicate financial information to interested parties such as owners, managers and banks.

What Will I Learn?

  • The main objective of this book-keeping course is to keep a complete and accurate record of all the financial transactions in a systematic orderly, logical manner. This ensures that the financial effects of these transactions are reflected in the books of accounts.
  • Then the second main objective is to ascertain the overall effect of all recorded transactions on the final statement of the company. The course will eventually ascertain the final accounts of the company, namely the Profit and Loss Account and the Balance Sheet.
  • The course will enable the student maintain financial records such as receipts and payments, sales, purchases and expenses are maintained accurately.

Topics for this course

13 Lessons

Introduction to BookKeeping

Business organisations and sources of finance00:07:13
The role of the accountant and the accounts office00:7:14
Financial statements: P&L and the balance sheet00:31:17
What is accounting?6:05

The Accounting Model

Management Control

About the instructors

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50 Courses

45 students

$35.00 $25.00

Material Includes

  • Training Videos, Lecture Notes, Questions and Answers

Requirements

  • This course can be offered as a Single Subject Diploma in BookKeeping or taken alongside other subjects for other certifications.
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