Accounting and Accounts Management

Managing accounts can often feel overwhelming. With endless financial transactions to track, invoices to handle, and reports to generate, it’s easy to see why accounts management can become a source of frustration for many. The importance of this role cannot be overstated – accurate, organised accounts are the backbone of any business, providing insights essential for growth, decision-making, and compliance. A solid foundation in accounts management helps avoid costly errors, ensures transparency, and builds trust with clients, suppliers, and stakeholders alike.

This course offers a thorough guide to accounts management, starting with the fundamentals of accounting principles, financial statements, and essential terminology. Learners will gain skills in setting up an effective accounts system, handling financial transactions with precision, managing invoices, and reconciling bank records. The curriculum further explores generating insightful financial reports, understanding cash flow, budgeting, and recognising financial trends. Additionally, learners will cover compliance essentials, ethical accounting practices, and key tax obligations.

Equip yourself with the tools to manage accounts with accuracy and ease. Enrol today!

What You Get Out Of Studying With Janets

• Free PDF certificate upon successful completion of the course
• Full one-year access to Course materials
• Instant assessment results with the course
• No hidden fees with the course
• Full tutor support available from Monday to Friday with the course
• Study the Quickbooks & Xero at your own pace
• Benefit from instant feedback through mock exams and multiple-choice assessments
• Gain a complete understanding of Accounts Management
• Accessible, informative and comprehensive modules
• Get 24/7 help or advice from our email and live chat teams
• Study the course in your own time through your computer, tablet or mobile device
• Improve your chance of gaining professional skills and better earning potential by completing the course

CPD Accredited PDF Certificate of Completion

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

• Module 01: Introduction to Accounts Management 16:36

  • 1: Introduction to Accounts Management 16:36

• Module 02: Setting Up an Accounts Management System 12:21

  • 2: Setting Up an Accounts Management System 12:21

• Module 03: Managing Financial Transactions 10:59

  • 3: Managing Financial Transactions 10:59

• Module 04: Financial Reporting and Analysis 19:55

  • 4: Financial Reporting and Analysis 19:55

• Module 05: Compliance and Best Practices 14:30

  • 5: Compliance and Best Practices 14:30

Learning Outcomes:

• Evaluate different types of accounts and key accounting principles to build a strong foundation in accounts management processes.
• Identify essential accounting terms and analyse financial statements to assess an organisation’s financial health accurately.
• Set up an accounts management system by selecting suitable software and establishing a digital bookkeeping process.
• Create a structured chart of accounts and implement best practices in data entry for effective financial record management.
• Record and track financial transactions accurately, using knowledge of debits, credits, and bank reconciliation methods.
• Manage financial transactions by processing invoices, payments, and expenses in alignment with accounting standards.
• Produce and interpret financial reports, drawing insights from budgeting, cash flow, and financial statement analysis.
• Conduct cash flow management and identify financial trends to support informed decision-making and resource allocation.
• Ensure compliance with tax requirements by maintaining organised records and adhering to ethical accounting practices.
• Recognise common accounting errors and apply preventative strategies to maintain accuracy and accountability in financial processes.

Curriculum- Accounts ManagementModule 1: Introduction to Accounts Management

• What is Accounts Management?
• Types of Accounts
• Basic Accounting Principles
• Understanding Financial Statements
• Key Accounting Terms

Module 2: Setting Up an Accounts Management System

• Choosing the Right Software
• Creating an Account Chart
• Establishing a Bookkeeping System
• Data Entry Best Practices
• Digital Accounts Management

Module 3: Managing Financial Transactions

• Understanding Debits and Credits
• Recording Transactions
• Bank Reconciliation
• Managing Invoices and Payments
• Handling Expenses

Module 4: Financial Reporting and Analysis

• Generating Financial Reports
• Interpreting Financial Statements
• Budgeting Basics
• Cash Flow Management
• Identifying Financial Trends

Module 5: Compliance and Best Practices

• Understanding Tax Obligations
• Record-keeping for Tax Purposes
• Ethical Accounting Practices
• Common Accounting Mistakes to Avoid

How can you earn your Certification?

After successfully completing the course, you will get your Reed Certificate instantly! And to order your CPD QS Certificate, you will need to fill in the form given in the Curriculum Section. And by 24 hours, you will get your CPD QS Certificate.

• Those interested in developing accounting skills to enhance their ability to manage financial transactions and reporting processes.
• People seeking to establish strong bookkeeping skills for tracking financial records in a well-structured and efficient system.
• Anyone who wishes to gain confidence in financial analysis to assess and interpret budgeting, cash flow, and reports effectively.
• Learners aiming to strengthen understanding of tax obligations and ethical practices in the accounting field.
• Those who want to improve accounts management capabilities for overseeing financial compliance, reporting, and trend identification.

The course is open to all students and has no formal entry requirements. To study the course, all your need is a passion for learning, a good understanding of English, numeracy, and IT skills. You must also be over the age of 16.

• Accounts Manager (£30,000 - £45,000)
• Bookkeeper (£25,000 - £35,000)
• Financial Analyst (£32,000 - £48,000)
• Accounts Payable Specialist (£28,000 - £42,000)
• Auditor (£35,000 - £50,000)
• Budget Analyst (£30,000 - £46,000)
• Compliance Officer (£34,000 - £52,000)
• Financial Controller (£40,000 - £65,000)