Business Accounting
Access Duration - 365 Days
Accredited By "CPD & iAP"
Guided Learning Hours (10)
Course Material
Number of Modules 19
Mock Exam Included
Final Exam Included
4.5( 2 REVIEWS )
400 STUDENTS
Accredited By
What Will I Learn?
Gain a good knowledge and understanding of business accounts which will be beneficial when working in a company
Learn the essentials of accounting and the financial tools which will be utilised by businesses
Understand the key 4 financial statements which are income statement, balance sheet, statement of retained earnings, and statement of cash flows thoroughly
Learn how to evaluate different statements of organisations effectively to make good investment decisions
Learn the building blocks of accounting and the accounting cycles
Learn to project profitability and cost breakdown structures
Overview
Accounting has become an essential part of business life, and the knowledge and skills that you will learn in your studies 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 (USA standards)Â course will provide you with a good understanding of business accounts, and essential knowledge to those who 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 in order 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 basic tools 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 feel as if you are in the classroom. This 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). Effective support service, and study materials including step by step guided tutorial videos which build your confidence to study well and guide you to secure your qualification.
Please Note: This Course is Based on USA Standards
Who is this course aimed at?
- This 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.
- Access duration
- Course Description
- Entry requirements
- Method of assessment
- Certification
- Progression and career path
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 10 guided learning hours.
This online training course is comprehensive and is designed to cover the key topics listed under the curriculum.
- There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
- 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.
At the end of the course learners will also take an online multiple choice questions assessment test. This online multiple choice questions test is marked automatically so you will receive an instant grade and know whether you have passed the course.
Successful candidates will be awarded Level 2 Certificate in Business Accounting.
This course will equip you with the necessary knowledge and skills needed to work for a rewarding job position in the accounting or finance industry. You can also use this diploma to win various job opportunities put forth by your organisation and to take your career up by a notch. Below given are few of the job roles this course will qualify you for, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,
- Finance Controller – £46,887 per annum
- Accountant – £28,599 per annum
- Finance Manger – £38,059 per annum
- Payroll Administrator – £20,010 per annum
- Account Clark – £17,205 per annum
- Bookkeeper – £20,729 per annum
- Account Assistant – £20,341 per annum
- Office Administrator – £17,448 per annum
- Office Manager - £24,398 per annum
- Accounts Payable Clerk – £19,766 per annum
- Accounts Receivable Clerk – £20,228 per annum
- Payroll Clerk – £18,528 per annum
- Staff Accountant – £23,858 per annum
Course Curriculum
| 1: Introduction to Bookkeeping | |||
| Introduction to Bookkeeping | 00:08:00 | ||
| 2: Defining a Business | |||
| Defining a Business | 00:05:00 | ||
| 3: Ethics and Accounting Principles | |||
| Ethics and Accounting Principles | 00:13:00 | ||
| 4: Accounting Equation & Transactions | |||
| Accounting Equation & Transactions | 00:18:00 | ||
| 5: Financial Statements | |||
| Financial Statements | 00:12:00 | ||
| 6; The Accounting Equation and Transactions | |||
| The Accounting Equation and Transactions | 00:27:00 | ||
| 7: Transactions – Journalizing | |||
| Transactions – Journalizing | 00:54:00 | ||
| 8: Posting Entries and the Trial Balance | |||
| Posting Entries and The Trial Balance | 00:19:00 | ||
| 9: Finding Errors Using Horizontal Analysis | |||
| Finding Errors Using Horizontal Analysis | 01:05:00 | ||
| 10: The Purpose of the Adjusting Process | |||
| The Purpose of the Adjusting Process | 00:14:00 | ||
| 11: Adjusting Entries | |||
| Adjusting Entries | 00:30:00 | ||
| 12: Vertical Analysis | |||
| Vertical Analysis | 00:45:00 | ||
| 13: Preparing a Worksheet | |||
| Preparing a Worksheet | 00:05:00 | ||
| 14: The Income Statement | |||
| The Income Statement | 00:10:00 | ||
| 15: Financial Statements- Definitions | |||
| Financial Statements- Definitions | 00:11:00 | ||
| 16: Temporary vs. Permanent Accounts | |||
| Temporary vs. Permanent Accounts | 00:17:00 | ||
| 17: Accounting Cycle | |||
| Accounting Cycle | 00:20:00 | ||
| 18: Financial Year | |||
| Financial Year | 00:07:00 | ||
| 19: Spreadsheet Exercise | |||
| Spreadsheet Exercise | 00:43:00 | ||
| Mock Exam | |||
| Mock Exam: Business Accounting | 00:40:00 | ||
| Final Exam | |||
| Exam: Business Accounting | 00:40:00 | ||
| Certificate Download Guide | |||
| Certificate Download Guide | 00:03:00 | ||
Jake Lewin
I found that this course covered a wide range of topics, and helped me to gain a good fundamental understanding of business accounting I liked the flexibility of the course and that I could do it on my own time.
Cralin wakoki
“This course prepared me for my career not only with respect to practical skills and knowledge, but also in shaping me into a true professional.”