Practical Bookkeeping

Course Overview

This course is designed to provide a foundational understanding of bookkeeping using a practical approach. Participants will practice basic bookkeeping and foundational accounting skills which are applicable to the accounting environment.

Learning Outcomes:

Upon completion of this course, you will be able to:
• Identify the key roles of the bookkeeper in the organization
• Understand the relationship between all elements in the accounting cycle
• Identify the process of recording financial data into the books of original entry
• Identify the steps of transferring financial data from the books of original entry
into the relevant ledgers using the double entry system
• Prepare all ledgers for close and the extraction of a Trial Balance
• Understand the use of control systems including bank reconciliations as a
measure of ensuring accuracy
• Process the flow of transactions from the first point of original entry all the way
through to the Financial Statements