This new foundation bookkeeping course focuses on small services businesses.

• No prior knowledge assumed
• Suitable for beginner
• Globally relevant

This course is available either as online or by correspondence, students learn the double entry method of bookkeeping.  Topics covered include designing accounting systems, double entry recording, cash receipts and payments journals, general journal, closing the ledger, profit and loss statements, depreciation, profit determination and balance day adjustments as well as cash control; budgeting, reconciliation and petty cash.

Course Aims:

• Discuss the basic purposes and scope of Bookkeeping
• Discuss the use and purpose of balance sheets, assests and liabilities.
• Design and set up a bookkeeping system – set up double entry bookkeeping
• Describe the fuction of ‘special journals’
• Prepare a credit fees journal and set up a credit sales journal
• Set up and use a “general journal”
• Discuss methods used to close ledger accounts at the end of an accounting period
• Prepare a profit and loss statement
• Determine appropriate approaches to depreciation of non-current assets
• Describe the ‘accrual’ and ‘cash’ basis of accounting, the matching process, balance day adjustments Describe the cash cycle, cash control methods, bank reconciliation processes, petty cash
• Explain the role of budgets.

Detailed Course Outline

This course is made up of a number of modules. Each of these has self assessment questions, a set task (practical homework) and an assignment which you can upload online.

There are 13 Lessons in this course:

1. Introduction
2. Balance Sheet
3. Analysing and Designing Accounting Systems
4. The Double Entry
5. Cash Receipts and Cash Payments Journal
6. Credit Fees and Purchases Journal
7. The General Journal
8. Closing the Ledger
9. Profit and Loss Statement
10. Depreciation on Non-current Assets
11. Profit Determination and Balance Day Adjustments
12. Cash Control: Bank Reconciliation and Petty Cash
13. Cash Control: Budgeting

When you have completed the lessons of your Certificate course, you will be given the option of taking the optional exam. It’s okay if you don’t want the exam, we still issue your Careerline Certificate. For Advanced Certificates however, the exam is compulsory (per module) and are included in the course fee.