Accounting and Bookkeeping
International Open Academy
CPD UK & ICOES Accreditation | 30 CPD Points | FREE 1-month membership to 300+ courses including Teaching Collection
Summary
- Proof of Completion - Free
- Module Exams (included in price)
Add to basket or enquire
Overview
Certificates
Proof of Completion
Digital certificate - Included
Assessment details
Module Exams
Included in course price
CPD
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
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.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.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.
Reviews
Legal information
This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.