Fundamentals of bookkeeping

Professional Development

Overview

This course helps delegates learn why financial statements need to be prepared for a business, the underlying concepts and understanding the definitions of elements within the financial statements. The course focuses heavily on understanding and creating simple double-entry bookkeeping with lots of practice and examples.

Online Classroom

online classroom

This course will be delivered through Online Classroom Live.

Please read our Online Classroom for Professional Development FAQ

Suitable For

This session is suitable for those people who are new to the finance industry but have a little knowledge of double-entry bookkeeping and financial statements.

3 CPD hours
3 hours
Jersey

Learning Outcomes

Having attended this course, delegates will:

  • Understand why all entities need to keep financial records and what they look like
  • Have more confidence in producing double-entry journals for bookkeeping
  • Understand the flow-through of an individual transaction to the final financial statements

Course Content

  • Introduction to the underlying concepts of financial statements
  • Introduction to the fundamental concepts of double entry
  • Examples of some basic bookkeeping of transactions and practice
  • Summary of the process from bookkeeping to financial statements