This course will provide you with the understanding on why keeping financial information accurate and up to date is important in the workplace.
This course will provide you with the understanding on why keeping financial information accurate and up to date is important in the workplace.
You will understand the key roles that a bookkeeper undertakes including data entry, checking bank statements, accounts receivable and accounts payable.
You will understand how the data they prepare, and reports they produce may be used by management and business owners in making business decisions and the importance of timely and accurate communication.
Students will learn the importance of ethical behaviour including confidentiality and the importance of data protection. Learn the underpinning theory including how to identify assets, liabilities, income, expenses, capital and profit or loss.
Learn the differences between trading for cash and trading on credit. Also develop the skills to process customer and supplier transactions, to enter receipts and payments into the cash book and check amounts against the bank statement in preparation for bank reconciliation.
Students will be introduced to the dual effect of transactions. This is a fundamental underpinning concept for double-entry bookkeeping and will support students who go on to study bookkeeping at Level 2.
This course is aimed at;
The Level 1 Award in Bookkeeping is designed to give you an introduction to the basics of double-entry bookkeeping.
We offer full-time courses for school leavers including A Levels and vocational qualifications, full-time Access to Higher Education courses, part-time adult professional development, entry level and recreational courses as well as full and part-time degree level study.
Students should choose to study the Level 1 Award in Bookkeeping if they wish to develop an understanding of the basics of manual bookkeeping.
It may also be of value for those students who are studying the AAT Access Award in Accounting Software in order to develop a deeper understanding of the theory behind the practical skills they are gaining.
You do not need any prior accounting knowledge as this course will give you a solid background in single entry bookkeeping. We would recommend that you first studied the Access Award in Business Skills or appropriate business experience.
A part-time Accounting (Bookkeeping) Level 1 course, offering the ideal first step towards a new career in bookkeeping or accounts.
Bookkeeping focuses on the recording and handling daily financial transactions such as expenses, purchases, sales and receipts. This is a regular record-keeping activity that is the basis of all the economic reports.
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