14: Bookkeeping & Accounting Basics

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BA-14 - Bookkeeping and Accounting Basics

Duration: 6 hours | Course Code: BA-14 | Cost From: R 350 ($ 20)

Welcome to Basic Bookkeeping!

Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money!

Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers, and more so especially does business.

Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. Every Business and Company in the world relies on the numbers to tell about the financial health of the entity - whether it is making sufficient revenue, controls it's expenses and thereby makes a profit!

There are two important people in any organisation, that have the power to influence the business and control what is going on. These people are those that control the money and those that control the information.

Therefore you can see the power of accounting and keeping on top of the numbers - they are both money and information!Welcome to Basic Bookkeeping!

Workshop Objectives:

Understand basic accounting terminology
Identify the differences between the cash and accrual accounting methods
Keep track of your business by becoming familiar with accounts payable and accounts receivable
Use a journal and general ledger to document business financials
Utilise the balance sheet
Identify different types of financial statements
Uncover the reasons for and actually create a budget
Be familiar with internal and external auditing

The course includes a short Video, Presentation Material, Course notes, Various Sample Handouts and Quiz Tests.

Objectives

On successful completion of the course, learners should have a knowledge and understanding of:

Understand basic accounting terminology
Identify the differences between the cash and accrual accounting methods
Keep track of your business by becoming familiar with accounts payable and accounts receivable
Use a journal and general ledger to document business financials
Utilise the balance sheet
Identify different types of financial statements
Uncover the reasons for and actually create a budget
Be familiar with internal and external auditing

Target Audience

Anyone in a business environment.

Learning Outcomes

On completion of the course, the Learner should have a good knowledge and understanding of basic bookkeeping and accounting practices, and have the confidence and ability to identify and interpret the books of account and financial statements of an organisation.

Scope & Requirements

Learners should have a knowledge and understanding of basic mathematics (Matric / School Leaving Level Maths would be best), able to use a calculator, do certain mental arithmetic and be computer literate.

Cost

R 350 per person

$20 per person for international students

Group discounts available on request

Note

All Material is subject to Copyright. A Certificate of Completion will be sent to those who complete the course.

Duration: 6 hours

Course Code: BA-14

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