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Accounting Basics Course Overview

In the UK alone, more than 600,000 new businesses spring to life every year, and they all have one thing in common: the need for sound financial management. That's where our Accounting Basics course comes in! A good grasp of our course might help you to take the first step to becoming a professional accountant.

At the beginning of the Accounting Basics course, you will gain insights into the double entry system and fundamental accounting rules. Plus, you will acquire the skills to create essential financial statements such as income statements, balance sheet, and flow statements. Moreover, in this Accounting Basics course, you will become familiar with the significant accounting policies that need to be decided by companies. You will be introduced to the depreciation policies as well.

Our Accounting Basics course will equip you with the knowledge of the basic accounting equation and how it's intertwined with the four financial statements. Here, you'll master the art of creating a chart of accounts and classifying accounts, ensuring that you can efficiently manage a company's finances. As you move deeper into the course, you will be able to record, analyze, and interpret external and internal transactions within a company, facilitating informed decision-making. After completing the course, you will have the skills to control operational fixed assets, manage inventory effectively, recognize revenue appropriately, and accurately account for expenses, all while optimizing working capital.

Without further delay, enrol in the Accounting Basics course to prepare yourself for an accounting career.

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Entry Requirements

No formal entry requirements. You need to have:

Passion for learning

A good understanding of the English language

Be motivated and hard-working

Over the age of 16.

Certification

Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.

You can get your digital certificate (PDF) for £4.99 only

Hard copy certificates are also available, and you can get one for only £10.99

You can get both PDF and Hard copy certificates for just £12.99!

The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.

Accounting Basics
Section 01: Accounting Fundamental
	Lecture-1.What is Financial Accounting	00:13:00
	Lecture-2. Accounting Double Entry System and Fundamental Accounting Rules	00:10:00
	Lecture-3.Financial Accounting Process and Financial Statements Generates	00:14:00
	Lecture-4.Basic Accounting Equation and Four Financial Statements	00:21:00
	Lecture-5.Define Chart of Accounts and Classify the accounts	00:07:00
	Lecture-6. External and Internal Transactions with companies	00:12:00
	Lecture-7.Short Exercise to Confirm what we learned in this section	00:06:00
Section 02: Accounting Policies
	Lecture-8.What are Major Accounting Policies need to be decided by companies	00:06:00
	Lecture-9.Depreciation Policies	00:12:00
	Lecture-10.Operational Fixed Asset Controls	00:13:00
	Lecture-11.Inventory Accounting and Controls	00:11:00
	Lecture-12.Revenue Accounting and Controls	00:08:00
	Lecture-13.Expenses Accounting and Working Capital	00:12:00

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Accounting Basics

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