Basic Accounting Course

This course consists of the following four units.

Unit 1: An Overview of Accounting

The first unit takes an in-depth look into the history of accounting and its evolution, the various aspects of accounting, the key players in the accounting sector, their roles and the importance of excellent accounting services in an organisation.

Unit 2: Key Financial Reports

Module 2 focuses on explaining the key financial documents used in recording cash flow and cash generated. These critical reports include the cash flow statement, the balance sheet, and the income statement.

Unit 3: Tools for Financial Analysis

The course shifts its focus to another core topic which reveals and explains the various tools used in making accurate financial analysis. At the end of this unit, candidates are able to utilise graphs, charts, financial reports, ratio analysis, vertical analysis etc., to make crucial decisions.

Unit 4: Budgeting - Practical Money Skills

The course concludes with an explanation of the concept of budgeting. Course contents cover the various types of budgeting, where and how they are applied, the budgeting processes as well as the importance of budgeting.

This course presents candidates with the opportunity to take up entry to mid-level roles in accounting. Positions candidates may find include junior project accountants, accounts clerk, cashiers, accounting assistants and various others. The annual average salary for candidates in this range is around £30,000.

• Newcomers looking to take up entry-level accounting roles
• Business owners keen to understand the rudiments of accounting to make bookkeeping more efficient
• Graduates interesting in changing career to accounting
• Existing accounting personnel eager to acquire modern skills to improve their services, and hence, gain promotion
• Anyone interested in boosting  their career prospect

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.