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BA-14 - Bookkeeping and Accounting Basics

Duration: 6 hours | Course Code: BA-14 | Cost From: R 300 ($ 20)

Welcome to Basic Bookkeeping!

 

Penny Ferry Training LOGONumbers! 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:                                                       Calculator

    • 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 300 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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About Comet Training

Comet Training is a trading name for The Penny Ferry (Pty) Ltd, a limited liability company established in 1996. The Penny Ferry has been involved in hands-on training and e-learning for many years, specializing in the Marine, Environmental, Tourism, Industrial, Health and Technical markets. Through close associations with other organizations, Comet Training was established to better promote a suite of e-learning applications to the global markets.