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Do Your Own Accounts

Developed by an Industry Expert | Lifetime Access | FREE Career Guidelines Included | Free PDF Certificate


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Summary

Price
Save 20%
£12 inc VAT (was £15)
Offer ends 17 May 2024
Study method
Online, On Demand What's this?
Duration
1.7 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

3 students purchased this course

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Overview

Do you find yourself dreading the end of the financial year, worrying about the cost of hiring an accountant, and feeling overwhelmed by the thought of managing your own bookkeeping? You're not alone! Many self-employed individuals feel daunted by the prospect of managing their own accounts, but the truth is that it's easier than you might think.

By taking this course, you'll learn how to manage your own bookkeeping and accounts with confidence. You'll gain the knowledge and skills necessary to keep your finances organised, stay on top of your tax obligations, and ultimately save money on accounting fees.

This course is designed to be practical and hands-on. You'll learn by doing, with step-by-step instructions and examples that guide you through each stage of the bookkeeping process. You'll also have access to a range of resources, including templates, spreadsheets, and checklists, that you can use to manage your own accounts more efficiently.

In addition to the technical skills, you'll also learn about the mindset and habits necessary to be a successful self-employed individual. You'll gain insights into how to set goals, manage your time effectively, and stay motivated even when the work gets tough.

Overall, this course is perfect for anyone who wants to take control of their own finances, build their confidence, and manage their business more efficiently. By the end of the course, you'll have a solid understanding of bookkeeping principles and practices, and the skills necessary to manage your own accounts with ease.


***You will also get these GIFTs with this course

  • Free Career Guidelines
  • Free PDF Certificate
  • Lifetime Course Access

Curriculum

1
section
13
lectures
1h 40m
total
    • 1: DYOA - lec 1 - Intro 04:29
    • 2: DYOA - lec 2 - Getting organised 05:23
    • 3: DYOA - lec 3 - Explanation of how the spreadsheet works 07:25
    • 4: DYOA - lec 4 - Filling in the income side 06:39
    • 5: DYOA - lec 5 - Filling in the expenses side 12:58
    • 6: DYOA - lec 6 - The accounts for April 05:22
    • 7: DYOA - lec 7 - Filling in the income side May 04:17
    • 8: DYOA - lec 8 - Filling in the expenses side May 13:33
    • 9: DYOA - lec 9 - The accounts for May 03:48
    • 10: DYOA - lec 10 - what do the figures mean 02:54
    • 11: DYOA - lec 11 - concepts 07:27
    • 12: DYOA - lec 12 - Systems 20:27
    • 13: DYOA - lec 13 - Conclusion 04:34

Course media

Description

In this course "Do Your Own Accounts", students will learn the following:

  • The basics of bookkeeping, including the principles of double-entry bookkeeping, the chart of accounts, and the trial balance.
  • How to maintain accurate records of business transactions, including sales, purchases, expenses, and payments.
  • How to reconcile bank statements to bookkeeping records, ensuring that all transactions are accounted for and accurate.
  • About VAT and tax requirements for self-employed individuals, including how to register for VAT and how to calculate and report tax liabilities.
  • How to prepare the final accounts for their business, including the profit and loss account and the balance sheet, as well as how to prepare for year-end reporting.
  • The mindset and habits necessary to be a successful self-employed individual, including how to set goals, manage time effectively, and stay motivated.

By the end of the course, students will have a solid understanding of bookkeeping principles and practices, and the practical skills necessary to manage their own accounts effectively. They'll also have a range of resources, including templates, spreadsheets, and checklists, that they can use to manage their own accounts more efficiently.


Why Choose this Course?

  • Conducted by industry experts
  • Get Instant E-certificate
  • Fully online, interactive video course
  • Developed by qualified professionals
  • Self-paced learning and laptop, tablet, and smartphone-friendly
  • 24/7 Tutor Support

Who is this course for?

This course "Do Your Own Accounts" is specifically designed for self-employed individuals who want to learn how to manage their own bookkeeping and accounts. It's also suitable for anyone who wants to gain a practical understanding of bookkeeping principles and practices.

The course is ideal for:

  • Freelancers, consultants, and other self-employed individuals who want to take control of their own finances.
  • Small business owners who want to save money on accounting fees and learn how to manage their own accounts.
  • Aspiring bookkeepers or those looking to gain employment in an accounts department, who want to gain a practical understanding of bookkeeping principles and practices.
  • Anyone who wants to improve their financial literacy and learn practical skills that they can apply in their personal and professional lives.

Overall, this course is perfect for anyone who wants to take control of their own finances, build their confidence, and manage their business more efficiently. It's suitable for complete beginners as well as those with some prior knowledge of bookkeeping.

Requirements

No previous knowledge of Accounting is required to continue this course.

Career path

This course "Do Your Own Accounts" can open up several career paths for those who complete it. Some of the potential career paths include:

  • Bookkeeper
  • Accountant
  • Self-Employed Entrepreneur
  • Finance Manager

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

Reviews

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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.