Course description
This IAB Bookkeeping Level 1 course provides an excellent knowledge base in bookkeeping and accounting, whilst being ideal for students who want to achieve a career in the field. If you’ve already made a start to life in bookkeeping, this bundle will boost your skills and help you progress in your career. You’ll go from learning to prepare reconciliations to diving into the process of keeping double-entry records. It is ideal for:
- Students who want to develop their accounting and bookkeeping knowledge
- Those aspiring to work or progress their career in accounting, finance, or bookkeeping.
- Chartered accounting
- Finance manager
- Management accounting
- External auditor
- Forensic accountant
- Stockbroker
- Internal audit
- Business analyst
Course Content
Unit 1 Introduction to bookkeeping (T/508/5857)
- Basics of double-entry bookkeeping
- Bookkeeping terms
- Source documents and their purpose
- Basics of VAT
- Purpose of trial balance and petty cash and bank reconciliations
Unit 2 Keep double entry records and prepare trial balance (T/508/5858)
- Using the journal
- Recording transactions in a double-entry bookkeeping system
- Preparing a trial balance
Unit 3 Prepare reconciliations (T/508/5859)
- Reconcile the petty cash balance
- Prepare a bank reconciliation statement
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63.90 totalling 639
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