Bookkeeping Skills

Course Description

This is a one-day introductory course in the fundamentals of bookkeeping.
No prior knowledge is expected and the concepts are explained in a
clear, jargon-free way. Practical exercises are used to reinforce the
learning experience as delegates are led through an explanation of the
processes of bookkeeping - from how to read a balance sheet, to basic
double-entry bookkeeping, to more complex principles of accounting and
finance.

Learning Objectives

By the end of the course, delegates will have a good understanding of

• the dual effect - the balance sheet equation

• the balance sheet and profit & loss account

• profits and losses, assets and liabilities

• double-entry bookkeeping - debits and credits

• the flow of information from trial balance to final accounts

• books of prime entry

• bank reconciliations

• share capital and reserves

• accruals and pre-payments

• fixed assets and depreciation

• bank and doubtful debts

• suspense accounts

• stock valuation

• cash flow statements

• control accounts

Target Audience

Anyone wishing to understand the principles of bookkeeping within a
business and organisational context.

Duration

1 day for up to 12 participants.