Introduction to Business Accounting

Overview:

To start your own business or have a career in accounting, learners need to gain skills and knowledge in business accounting principles. The Introduction to Business Accounting course provides this basic knowledge on the fundaments of business transactions. Learners will gain insight into maintaining accurate accounting records. It is the perfect course for individuals working in accounting to advance their career and highlight their skills amongst peers and the management.

The Introduction to Business Accounting course will discuss how to prepare final accounts, double entry bookkeeping, balancing accounts, maintaining the cash books, bank reconciliation, keeping track of the petty cash book and facilitating methods of payment.

If you are new to business accounting or you want a refresher the The Introduction to Business Accounting course is perfect for you. Individuals will gain an understanding of the different types of accounts, financial statements and payroll. The course is internationally recognised and accredited to a training organisation and you will be issued an internationally recognised qualification following full completion of Introduction to Business Accounting course.

Why consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training offers the most convenient path to gain an internationally recognised qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

Learning Outcomes

• Gain an overall understanding of the fundamentals of accrual accounting.
• Understand financial statements and how to interpret them.
• Learn about balance sheets, cash flow statements and income statements.
• Learn key accounting concepts.
• Learn how to analyse transactions.

Course Curriculum

• Module 01: Prof. Bookkeeper Introduction
• Module 02: Intro to Accounting and Business
• Module 03: The Accounting Equation
• Module 04: Analyzing Transactions
• Module 05: Enter Information : Post Entries
• Module 06: Adjusting Process
• Module 07: Adjusting Entries
• Module 08: Adjustment Summary
• Module 09: Preparing a Worksheet
• Module 10: Financial Statements
• Module 11:  Completing the Accounting Cycle
• Module 12: The Accounting Cycle Illustrated
• Module 13: Fiscal Year
• Module 14: Spreadsheet Exercise

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at anytime.

Who is this Course aimed at?

• The course is for small business owners and those who want to start a business.
• Individuals who want to be entrepreneurs.
• People in supervisory roles.
• The course is ideal for accounting staff.
• Employees in professional positions.

Method of Assessment

At the end of the Introduction to Business Accounting course you will be required to take a multiple choice question assessment test. The multiple choice question assessment will be automatically marked with learners receiving an instant grade.

Certification

Those who successfully complete the exam will be awarded the certificate in Introduction to Business Accounting.

Entry Requirements

• Basic skills in English, Maths and ICT.
• An interest in learning the fundamentals of business accounting
• Accounts Assistants
• Small business owners

Awarding Body

The certificate will be awarded by CPD and iAP. This internationally recognised qualification will make your CV standout and encourage employers to see your motivation at expanding your skills and knowledge in the IT enterprise.

Progression and Career Path

Once you successfully complete Introduction to Business Accounting you will be qualified to work in the following positions. The Introduction to Business Accounting qualification will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com is given below.

• Accounts Assistant – £18,495 per annum
• Small Business Owner – £27,000 per annum
• Office Administrator – £17,158 per annum)
• Office Manager – £24,073 per annum
•  Business Executive – £23,667 per annum
• Accounts Executive – £22,078 per annum

Other Benefits

• Written and designed by the industry’s finest expert instructors with over 15 years of experience
• Repeat and rewind all your lectures and enjoy a personalised learning experience
• Gain access to quality video tutorials
• Unlimited 12 months access from anywhere, anytime
• Excellent Tutor Support Service (Monday to Friday)
• Save time and money on travel
• Learn at your convenience and leisure
• Quizzes, tests mock exams, practice exams to ensure you are 100% ready
• Eligible for a NUS discount card
• Free Career Support Service
• 25% Discount on personal Statement and covering letter writing service
• Free Access to Over 150 courses for 2 days (48 hours)