Accounting has become an essential part of business life, and the knowledge and skills that you will learn during this Business Accounting Diploma will give you a broader and more experienced view of business life.
For a business, nothing is more important than its finances. This Business Accounting Diploma course will provide you with a good understanding of business accounts, essential knowledge if you run a small business; are considering setting one up or need to learn more about company accounts for your current or future role.
Whether you are starting your own business or supplementing your understanding of accounting, this course will help you understand accounting basics and give you meaningful financial tools to understand business.
Understanding the four basic financial statements, Income Statement, Balance Sheet, Statement of Retained Earnings, and Statement of Cash Flows, is a key to evaluating companies for your investment decisions. But this business course goes beyond just understanding these financial statements. Business Accounting Basics takes you through the building blocks and accounting cycles that create each statement. In addition, this course will give you the fundamentals needed to project profitability and break your costs down to help analyse any company.
It’s not easy deciding on a career path with so much uncertainty in the market place. One thing is for sure: with this qualification on your CV, you can offer financial expertise to countless businesses crying out for your skills.
Our online programme is so well designed that you will feel as if you are in the classroom! The course is comprised of professionally narrated e-Learning modules, interactive quizzes, tests and exams. All delivered through a system that you will have access to 24 hours a day, 7 days a week for 365 days (12 months). An effective support service, and study materials (including step by step guided tutorial videos) enable you to study effectively and guide you to secure your qualification.
√ Who is it for?
This Diploma course will be of great interest to business owners and business professionals who would like to better understand the transactions and controls used in business, and to any learner who is interested in accounting as a future career.
√ Course Description:
This online training course is comprehensive and designed to cover the key topics listed under the curriculum. This course has been designed for 20 guided learning hours.
√ Course Duration:
You will have 12 Months access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time. This course has been designed for 20 guided learning hours.
√ Method of Assessment:
At the end of the course learners will also take an online multiple choice questions 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.
Successful candidates will be awarded Diploma for “Business Accounting”.
√ Entry Requirement:
- This course is available to all students of all academic ability. However, having basic knowledge and skills of Accounting would be an advantage.
- Learners should be ages 16 or over to undertake the qualification.
- Basic understanding of English language, literacy, numeracy and ICT are required to attend this course.
√ Career Path:
There are several roles in Accounting and many different ways you can climb the ladder to make your way to the top. It is important to understand what your various Accounting career options and few of them are listed in below:
- Finance Controller
- Finance Manger
- Payroll Administrator
- Account Clark
- Bookkeeping Assistant
- Account Assistant
- Office Administrator
- Office Manager
- Accounts Payable Clerk.
- Accounts Receivable Clerk.
- Payroll Clerk
- Staff Accountant
|Bookkeeping and Payroll Management|
|Introduction to Bookkeeping and Payroll||00:14:00|
|Internal Controls and Control Concepts||00:53:00|
|Working with Ledgers||01:00:00|
|Sales Tax, Rules and Filing||00:23:00|
|Budgeting & Strategic Plan||00:27:00|
|Types of Budgets||00:18:00|
|Merchandising Income Statement||00:15:00|
|Sales and Purchase Discounts||00:44:00|
|Cash Controls – The Bank Reconciliation||00:43:00|
|The Payroll Process||00:54:00|
|Payroll Process – Earnings Record||01:19:00|
|The Partnership & Corporations||00:53:00|
|Accounts Receivable and Bad Debts||01:00:00|
|Preparing Interim Statements||00:07:00|
|Year End – Inventory||00:39:00|
|Module Handouts - Bookkeeping and Payroll Management|
|Module Handouts- Bookkeeping and Payroll Management||00:00:00|
|Introduction to Bookkeeping||00:08:00|
|Defining a Business||00:05:00|
|Ethics and Accounting Principles||00:13:00|
|Accounting Equation & Transactions||00:18:00|
|The Accounting Equation and Transactions||00:27:00|
|Transactions – Journalizing||00:54:00|
|Posting Entries and The Trial Balance||00:19:00|
|Finding Errors Using Horizontal Analysis||01:05:00|
|The Purpose of the Adjusting Process||00:14:00|
|Preparing a Worksheet||00:05:00|
|The Income Statement||00:10:00|
|Financial Statements- Definitions||00:11:00|
|Temporary vs. Permanent Accounts||00:17:00|
|Additional Study Materials|
|Additional Study Materials- Business Accounting||00:00:00|
|Reference Books- Business Accounting||00:00:00|
|Mock Exam: Business Accounting Diploma||01:00:00|
|Exam: Business Accounting Diploma||01:00:00|