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Accounting and Bookkeeping

CPD UK & ICOES Accreditation | 30 CPD Points | Buy this course and avail of a FREE one-month membership to 200+ courses


International Open Academy

Summary

Price
Save 7%
£12 inc VAT (was £13)
Offer ends 01 May 2024
Study method
Online
Duration
30 hours · Self-paced
Access to content
60 days
Qualification
No formal qualification
CPD
30 CPD hours / points
Certificates
  • Proof of Completion - Free
  • Certificate of Achievement - £18.99
  • ICOES Digital Certificate - £23.99
  • ICOES Certificate - Hard Copy - £29.99
  • Continuing Professional Development (CPD) - £39.99
Additional info
  • Exam(s) / assessment(s) is included in price

265 students purchased this course

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Overview

Do you wish you had a better grasp on accounting?

Everyone, whether you wish to become an accountant or just know more about your personal and business finances, can benefit from a better understanding of accounting and bookkeeping.

The IOA Accounting & Bookkeeping course is designed to give you the basics you need to familiarize yourself with accounting and bookkeeping, to prepare yourself to begin a career in the field, and/or to become a better asset to your business. Wouldn’t you like to:

  • Understand the financial side of your business better
  • Get a head start on your career in accounting or bookkeeping
  • Better understand how to plan for and prepare taxes

KEY COURSE BENEFITS:
• Course access: 60 Days – Study at your own pace
• Internationally-recognized CPD accredited course
• Start learning straightaway from any laptop or mobile device in any country

Curious about what's next after completing your Accounting and Bookkeeping course?

Dive deeper into the world of finance with our Xero Accounting Course!

Search "Xero Accounting Essentials by IOA" and master the innovative Xero platform.

CPD

30 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Don’t let accounting and bookkeeping intimidate you

The IOA Accounting & Bookkeeping course is specially designed to make this seemingly insurmountable topic accessible and easy. Our focused and specialized course modules will walk you through accounting and bookkeeping step-by-step, making sure you leave this course confident and ready to tackle the financial world. This course will focus on:

  • The importance of basic accounting practices
  • Keeping and balancing a business payroll
  • Tracking business inventory and making sure everything adds up
  • Keeping track of cash and balancing currency
  • Proper bookkeeping practices
  • Profit analysis and shareholder equity
  • Reporting taxes and preparing your business for an audit (whether internal or external)

Get an IOA education on your own time

Our Accounting & Bookkeeping offers you the opportunity to learn more about accounting and bookkeeping and expand your horizons on your own time. Get through coursework anytime, anywhere. The IOA Accounting & Bookkeeping course will prepare you for better business practices and/or a career in the field.

Module 1: Beginning accounting

  • History of accounting
  • Why is accounting important?
  • Decisions you must make
  • Jargon, or how to speak like an accountant

Module 2: Types of accounting

  • Financial accounting
  • Management accounting
  • Tax accounting

Module 3: Making sense of your accounts

  • Organization The accounting cycle
  • Using computers for accounting
  • How does computerized accounting work?

Module 4: Keeping inventory and tracking sales

  • Purpose of inventory
  • Keeping up with inventory
  • Keeping track of sales
  • Balancing cash

Module 5: Controlling and managing expenses

  • How to control expenses
  • Balancing your payroll
  • Long-term asset acquisitions
  • Financial liabilities

Module 6: Avoiding illegal accounting

  • Improper accounting procedures
  • Avoiding shortcuts
  • Famous accounting scandals

Module 7: Introduction into bookkeeping

  • Importance of bookkeeping
  • Single-entry bookkeeping
  • Double-entry bookkeeping

Module 8: Proper bookkeeping

  • Balancing and testing your book
  • How to adjust entries
  • Financial statement preparation
  • Profit analysis
  • Liquidity, and how to test it
  • Why is internal control important?

Module 9: Tracking & reporting taxes

  • What are business taxes?
  • How to report year-end numbers to the government
  • Finishing and closing your books

Module 10: Handling an audit

  • External auditor
  • Internal auditor
  • Cost auditor
  • Performance audit
  • Quality audits

Who is this course for?

This is an ideal course for those who:

  • Want to work in the finance and accounting industries
  • Own their own business and want to ensure all accounting and bookkeeping is done correctly
  • Already do accounting and bookkeeping and wish to update their skills
  • Are interested in the world of accounting and bookkeeping and wish to explore the various tasks that accountants are expected to do
  • Wish to add value to their current job by bringing more skills to the table
  • Are planning on opening a small business and want to increase their knowledge of accounting.

Requirements

This Accounting and Bookkeeping course is open to all, with no formal entry requirements.

Career path

After completion of this course, you could:

  • Take the next step to a career in accounting and bookkeeping
  • Current employees in the accounting industry could earn a promotion or raise by increasing their skills and knowledge
  • Confidently do the books and accounting for your own business, home, or other interests

Questions and answers


No questions or answers found containing ''.


Koh Yam Nwang asked:

Is the award a certificate or diploma?

Answer:

Yes, at the end of the course, you will receive a PDF certificate upon successful course completion. This is a certificate of completion stating the course taken. It can be used as proof of study for employment. You will also be eligible to order the ICOES Hard Copy certificate.

This was helpful. Thank you for your feedback.
Wesley asked:

Would this Accounting & Bookkeeping CPD, give knowledge to study addition accounting qualification, ACCA, CIMA, or any other finance?

Answer:

Hi Wesley, Thank you for your interest in our course "Accounting and Bookkeeping" which is designed to give you the basics you need to familiarize yourself with accounting and bookkeeping, to prepare yourself to begin a career in the field, and/or to become a better asset to your business. The content is broad to reach the most of students, regardless of the country they're living in. I invite you to have a look at the course syllabus on REED to learn more about its content. Annika - IOA Team

This was helpful. Thank you for your feedback.
Tracey asked:

What qualification do you get at the end of the course as it doesn’t say.

Answer:

Once you complete your Accounting and Bookkeeping course, you will receive a certificate of completion. Our certification, accredited by the International Council for Online Educational Standards, ICOES and also by CPD ( CPD UK) will improve your CV and therefore increase the chances of getting employment in this business sector.

This was helpful. Thank you for your feedback.
Stephanie asked:

Once the course is completed would be efficient in bookkeeping for a small non-constituted community group ?

Answer:

Hi Stephanie, thank you for your query. Our Accounting and Bookkeeping online course will help you take the first step towards a career in finance. It equips you with foundational skills that can be applied to various financial roles, including bookkeeping for community groups. I invite you to look at the course syllabus on REED to learn more about the course content. Kind regards, the IOA Team

This was helpful. Thank you for your feedback.
Kirsty asked:

Does this course I have to be done on a computer? Can it be done on your phone?

Answer:

Hi Kirsty, thank you for your question. You’ll be able to access everything you need through your browser on any device - desktop, laptop, tablet or mobile phone. Best wishes, The International Open Academy team.

This was helpful. Thank you for your feedback.
Oscar asked:

Is there a assessment

Answer:

Thank you for your question and interest, Oscar. Yes, there is an assessment after each of the 10 modules in the Accounting and Bookkeeping course. The course grade is based on the average of these module grades. The exams consist of multiple-choice questions. You can find more details in the course syllabus available on REED's platform. Kind regards, IOA Team.

This was helpful. Thank you for your feedback.
Karen Bell asked:

Hi there I was wondering once I pay for this course are there anymore hidden charges. Can you please confirm this Karen Bell

Answer:

Hello! Thank you so much for your question. Please note that the price listed in the REED offer is the total price. It includes the full course and a digital certificate confirming course completion at the end of the course. It is issued by International Open Academy and can be used as study proof. Kind regards, IOA Team

This was helpful. Thank you for your feedback.
Son asked:

After completion of the accounting and bookkeeping is a employers reference given.

Answer:

Hello Son, thank you for contacting us and your interest in our course. Please note that you can use the certificate of completion can be used as proof of study for employment. Thanks, Annika - IOA Team

This was helpful. Thank you for your feedback.
Wesley asked:

Is this video based lessons, or text? how much is the hard copy certificate to be sent in the post?

Answer:

Hello Wesley, Thank you for contacting us. Please note that the content of the course is not video based. The ICOES hard copy certificate costs £26.99. Keep in mind that when you complete a course, the International Open Academy certificate (PDF format ) is always included, and there is no additional fee for this. Annika - IOA Team

This was helpful. Thank you for your feedback.
Ana Belen asked:

Could I get a NUS student discount card with this course?

Answer:

Hi Ana, Thank you for your query. We do not have any formal agreement with NUS. Therefore, we can not guarantee that a discount card can be issued. Kaoutar - IOA Team

This was helpful. Thank you for your feedback.
Katharine asked:

Does the course conform to UK accounting standards, please?

Answer:

Hi Katharine, thank you for your query. The IOA "Accounting and Bookkeeping" course is designed to give you the basics you need to familiarize yourself with accounting and bookkeeping, to prepare yourself to begin a career in the field, and/or to become a better asset to your business. The content is broad to reach the most of students, regardless of the country they're living in. I invite you to have a look at the course syllabus on REED to learn more about its content. Kaoutar - IOA Team

This was helpful. Thank you for your feedback.
delphine asked:

How this qualification is CPD accredited? Do you received a certificate for the 30 hours CPD?

Answer:

Our certification is international and provided the International Council for Online Educational Standards, ICOES, and CPD ( CPD UK). Once you complete the Accounting and Bookkeeping the certificate from CPD can be requested.

This was helpful. Thank you for your feedback.
skittles14 asked:

What is the age requirement for this course?

Answer:

Thank you for your query. There is no age-restriction to avail our Accounting and Bookkeeping course.

This was helpful. Thank you for your feedback.
Helen asked:

Will there be exam at the end of the course and at what cost? certificate fee was not mentioned any where will there be one?. Thanks

Answer:

After each module of your Accounting and Bookkeeping course, there is a short exam which includes multiple choice questions. The final grade of your course will be the average of the 10 modules. Included with your course is a certificate of completion issued by the course provider.

This was helpful. Thank you for your feedback.

Certificates

Proof of Completion

Digital certificate - Included

Certificate of Achievement

Digital certificate - £18.99

ICOES Digital Certificate

Digital certificate - £23.99

ICOES Certificate - Hard Copy

Hard copy certificate - £29.99

Continuing Professional Development (CPD)

Digital certificate - £39.99

Reviews

3.8
Course rating
80%
Service
80%
Content
73%
Value

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.