Accounting and Bookkeeping Diploma

Accounting and Bookkeeping Diploma - Level 3

Do you want to become a competent Accountant? Then here is an excellent place to begin!

Organisations need bookkeepers who can monitor their cash flow and the day-to-day transactions within their business, with Global Edulink’s Accounting and Bookkeeping Diploma – Level 3 (USA Standards) online training, you will learn how to prepare the books for partnerships and limited companies and gain in-depth and practical accounting knowledge that is recognised by respected organisations.

Global Edulink offers quality online, professional qualifications to individuals worldwide, with courses geared towards those looking to progress within their careers. Additionally, the training is online, so can be completed at times and locations that best suit your lifestyle!

The knowledge you will acquire from this course will equip you for senior roles within professional accounting and bookkeeping establishments, or enable you to set-up your own practice within this field.

The course incorporates a wide range of subjects including:

• Beginning accounting – Including what sorts of decisions to make when setting up an accounting system
• Forms of accounting – Incorporating financial, management and tax accounting
• Making sense of your accounts – Includes converting from manual to computerised accounting
• Keeping inventory and tracking sales – Gain an understanding of inventory management, tracking sales and balancing cash
• Controlling and managing expenses – Inclusive of payroll management with a focus on financial liabilities
• Avoiding illegal accounting – Highlights what improper accounting procedures look like and the consequences of such
• Introduction to bookkeeping – Concentrating on single – and double-entry bookkeeping
• Proper bookkeeping and uses – Including gaining knowledge of how to effectively prepare financial documents
• Tax accounting – Understand tax and their record keeping, reporting, and filing
• Handling an audit – Includes how to prepare for internal and external audits

Please Note: This Course is Based on USA Standards

*Free Digital Certificate (No additional cost for e-certificates)

COURSE CURRICULUM

Module 01 : Accounting Fundamentals

• What is accounting
• Accounting history
• Why Accounting is important
• Decisions to make when setting up an accounting system
• Jargon or how to speak like an accountant

Module 02 : Different Forms of Accounting

• Forms of Accounting
• Financial Accounting
• Management Accounting or Managerial Accounting
• Tax Accounting
• Miscellaneous Forms

Module 03 : Understanding of Your Accounts

• Organizing your Accounts
• The Accounting Cycle
• Using Computers for Accounting
• How Does Computerized Accounting Work?

Module 04 : Inventory Control & Sales Tracking

• What is Inventory?
• Purpose of Inventory & Inventory Management
• Keeping Up with Inventory – Inventory Management
• Keeping Track of Sales
• Balancing Cash

Module 05 : How to Control and Manage Expenses

• How to control and manage expenses
• Balancing your payroll
• Long - term asset acquisitions
• Financial Liabilities

Module 06 : How to Avoid Illegal Accounting

• Improper accounting procedures
• Consequences of Poor Accounting Practices
• Avoiding Shortcuts
• Famous accounting scandals

Module 07 : Fundamentals of Bookkeeping

• Introduction and Importance of bookkeeping
• Single Entry Bookkeeping
• Double entry bookkeeping

Module 08 : Accurate Bookkeeping and Uses

• Posting and Coding
• Balancing and Testing Books
• Mistakes and Adjustments
• Prep of Financial Documents
• Conducting Profit Analysis
• Liquidity and Testing
• Internal Control

Module 09 : Tax Accounting

• Understanding Taxes
• Record Keeping for Taxes
• Reporting, filing, and dates
• Help
• Closing the books

Module 10 : Process of Audit

• What is an Audit?
• Preparing for an Audit
• External Audit
• Internal Audit
• Cost Audit
• Performance Audit
• Quality Audit

Method of Assessment:

At the end of the course learners will also take an online multiple choice question assessment test. This online multiple choice question test is marked automatically so you will receive an instant grade and know whether you have passed the course.

Certification:

Successful candidates will be awarded Level 3 Diploma in Accounting and Bookkeeping.

Benefits you will gain:

• High quality e-learning study materials and mock exams.
• Tutorials/materials from the industry leading experts.
• 24/7 Access to the Learning Portal.
• Benefit of applying for TOTUM Discount Card.
• Recognised Accredited Qualification.
• Excellent customer service and administrative support.

• If you are hoping to progress in your accountancy training, this level 3 diploma online course will develop your understanding of complex financial data processes and practical bookkeeping skills
• Bookkeepers looking to achieve full accounting status.

• This course requires no formal prerequisites and this certification is open to everyone

This certificate will improve your candidature for a range of job positions. Below are some of the job positions this course will benefit you in,

• Payroll Administrator – £20,010 per annum
• Accounting Clark – £17,475 per annum
• Account Assistant – £20,341 per annum
• Office Administrator – £17,448 per annum
• Office Manager - £24,398 per annum
• Staff Accountant – £23,858 per annum