Practical Bookkeeping

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Practical Bookkeeping

Practical Bookkeeping

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$699 USD

Each course kit now includes:

Training manuals and instructor's guide
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Workshop activities and exercises

 

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Good bookkeeping is more than just a task; it’s an important tool that empowers you to understand your business, and work towards growth and success with the financial future. Bookkeeping is the process of recording, organizing, and maintaining financial transactions for a business or individual. Being one of the oldest known professions, it has its roots in ancient civilizations, where early record-keeping systems were developed to track trade, taxes, and commerce—laying the foundation for the modern financial practices we use today. A bookkeeper plays a vital role in the management of a company’s financial account. Without this management, a business may risk the loss of credibility, miss out on tax deductions, face potential fines for non-compliance, as well as many other challenges. 

The Practical Bookkeeping course will provide participants with the skills and knowledge to manage financial records accurately, ensure compliance with accounting standards, and support informed decision-making for their business or organization. Additionally, participants will gain confidence in handling day-to-day financial tasks, empowering them to contribute to the financial health and success of their business.

 

 

Course Outline

Module One: Getting Started
  • Icebreaker
  • Housekeeping Items
  • The Parking Lot
  • Workshop Objectives
Module Two: Understanding Bookkeeping
Module Three: Understanding Financial Transactions
Module Four: Chart of Accounts
Module Five: The Recording of Transactions
Module Six: General Ledger
Module Seven: Financial Statements
Module Eight: Managing Banking and Cash
Module Nine: Payroll Accounting
Module Ten: Taxation Basics
Module Eleven: Ethical and Legal Considerations
Module Twelve: Wrapping Up

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