What you'll get

  • Job Credibility
  • Certification Valid for Life
  • Live Classes
  • Certificate of Completion

Exam details

  • Mode of Exam : Online
  • Duration : 1 Hour
  • Multiple Choice Questions are asked
  • No. of Questions are asked : 50
  • Passing Marks : 25 (50%)
  • There is no negative marking

The Certificate Course in Business Accounting provides a comprehensive introduction to fundamental accounting principles and practices essential for business operations. This course covers the core aspects of financial accounting, including the recording, reporting, and analysis of business transactions, equipping students with the skills to prepare and interpret financial statements effectively.

Course Highlights:

  • Understanding accounting concepts and principles
  • Mastering the double-entry accounting system
  • Navigating the accounting cycle, journal entries, and ledgers
  • Preparing adjusting entries and trial balances
  • Creating financial statements: Balance Sheet, Income Statement, and Cash Flow Statement
  • Conducting ratio analysis and cost-volume-profit analysis
  • Developing budgeting and forecasting skills
  • Learning internal control measures and fraud prevention
  • Using accounting software for financial management

Key Learning Outcomes:

By the end of the course, students will be able to:
✅ Apply fundamental accounting principles to record and report financial transactions
✅ Prepare and analyze financial statements to assess business performance
✅ Utilize accounting software to streamline financial processes
✅ Understand the role of accounting in business decision-making

This course is ideal for individuals aspiring to build a career in accounting, entrepreneurs managing their own businesses, or professionals seeking to enhance their financial literacy. Whether you are a beginner or looking to strengthen your accounting knowledge, this course provides a strong foundation for financial success.

Course Content

Total: 48 lectures
  • The accounting equation and the balance sheet
  • The double entry system for assets, liabilities and capital
  • The asset of stock
  • The effect of profit or loss on capital and the double entry system for expenses and revenues
  • Balancing off accounts
  • The trial balance
  • Trading and profit and loss accounts
  • Balance sheets
  • Trading and profit and loss accounts and balance sheets
  • Accounting concepts
  • Books of original entry and ledgers
  • The banking system in the UK
  • Cash books
  • The sales day book and the sales ledger
  • The purchases day book and the purchases ledger
  • The returns day books
  • The journal
  • The analytical petty cash book and the imprest system
  • Value added tax
  • Columnar day books
  • Employees’ pay
  • Computers and accounting
  • Computerised accounting systems
  • Capital expenditure and revenue expenditure
  • Bad debts, provisions for doubtful debts, and provisions for discounts on debtors 269
  • Depreciation of fixed assets: nature and calculations
  • Double entry records for depreciation
  • Accruals and prepayments and other adjustments for financial statements
  • The valuation of stock
  • Bank reconciliation statements
  • Control accounts
  • Errors not affecting trial balance agreement
  • Suspense accounts
  • Introduction to accounting ratios
  • Single entry and incomplete records
  • Receipts and payments accounts and income and expenditure accounts
  • Manufacturing accounts
  • Departmental accounts
  • Cash flow statements
  • Joint venture accounts
  • Partnership accounts: an introduction
  • Goodwill for sole traders and partnerships
  • Revaluation of partnership assets
  • Partnership dissolution
  • An introduction to the financial statements of limited liability companies
  • Purchase of existing partnership and sole traders’ businesses
  • An introduction to the analysis and interpretation of accounting statements
  • An introduction

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