About This Course

Good bookkeeping is more than just a task; it’s an essential tool that empowers you to understand your business and work towards growth and financial success. Bookkeeping involves recording, organizing, and maintaining financial transactions for a business or individual. As one of the oldest professions, bookkeeping has its roots in ancient civilizations, where early record-keeping systems were developed to track trade, taxes, and commerce – laying the foundation for modern financial practices.

A bookkeeper plays a crucial role in managing a company’s financial accounts. Without proper bookkeeping, businesses may risk credibility loss, miss out on tax deductions, or face penalties for non-compliance. The Practical Bookkeeping course equips participants with the skills and knowledge to manage financial records accurately, ensure compliance with accounting standards, and support informed decision-making. Additionally, this course provides the confidence needed to handle daily financial tasks, contributing to the financial health and success of a business.

Audience

This course is suitable for:

• Entrepreneurs and small business owners who need to manage their own finances.
• Aspiring bookkeepers looking to develop fundamental bookkeeping skills.
• Office managers and administrative professionals handling financial records.
• Freelancers and self-employed individuals seeking better financial organization.
• Anyone interested in understanding bookkeeping to improve personal or business finance management.

Prerequisites

There are no prerequisites for this course. It is open to anyone who wants to develop bookkeeping skills and gain financial confidence.

Course Outline

• Understanding Bookkeeping
• Understanding Financial Transactions
• Chart of Accounts
• The Recording of Transactions
• The General Ledger
• Financial Statements
• Managing Banking and Cash
• Payroll Accounting
• Taxation Basics
• Ethical and Legal Considerations