WANT AN INTERESTING, FLEXIBLE & SECURE CAREER?
BECOME A BOOKKEEPER!
This Bookkeeping course has been specifically designed for UK residents, with a strong focus on Value-Added Tax (VAT).
There are almost always jobs advertised for bookkeepers in every city. Bookkeeping may provide a pathway to extend your career into many other aspects of accounting, finance and business administration or starting a small business. The choice is yours.
Business owners
Administration or accounts employees
Anyone seeking a career as a bookkeeper
COURSE STRUCTURE
1. Introduction – Nature and Function of Accounting for Service Firms
2. The Balance Sheet
3. Analysing and Designing Accounting Systems
4. Cash Receipts and Cash Payments Journal
5. The General Journal
6. Profit and Loss Statements
7. Depreciation of Non-current Assets
8. Profit Determination and Balance Day Adjustments
9. Cash Control: Bank Reconciliation and Petty Cash
10. Cash Control: Budgeting
Each lesson ends with an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.AIMS
Explain types of balance sheets, assets, liabilities.
Design an accounting process.
Utilise ledgers, transaction records, trial balances.
Define what a business’s liquidity is and the two calculations used to measure it.
Prepare a credit fees journal
Prepare a credit purchase journal
Post a fees journal to the general ledger
Post a purchases journal to the general ledger
Describe the VAT WHAT THE COURSE COVERS
Aspects of VAT including registration, input and output tax, rates of VAT and how to calculate VAT.
What is an accounting standard?
What is an accounting convention ?
Explain the link between the concept of reliability and the principal of verifiability .
Explain the link between the going concern assumption and accounting period convention .
Explain the accounting entity convention.
State the balance sheet equation in two different forms.
Define the terms, assets, liabilities and proprietorship
What is the difference between a T-form balance sheet and a narrative form balance sheet?
Define the difference between a Ledger & Journal?
Define source documents?
Explain what a chart of accounts is and why is it used?
What journals are used in an accounting system.
Prepare a list of transactions in ledger accounts on double entry principles.
Explain the purpose of the general journal for a business which uses special journals.
Describe the benefits achieved by a business through the introduction of multi-column journals.
What is the purpose of the sundries column in a cash receipts journal?
What is the difference between credit fees and credit purchases ?
Describe the key sections of a general journal
State four transactions that would be recorded in a general journal.
What is a bad debt? What is the role of the general journal in relation to bad debts?
What is the purpose of the profit and loss account
What is a current account?
Outline the basic functions of a Profit and Loss Statement.
How is gross margin calculated for a service firm?
What is meant by functional classification and what are the benefits?
What is depreciation?
Outline the differences between the cash and accrual methods of determining profit.
Explain the role played by a ten column worksheet.
State and describe five different ways of controlling cash receipts.
What is a bank reconciliation?
Describe five events which may cause a balance on a bank statement to be different from that shown in a firm’s books.
What details should be recorded in a petty cash book?
State and describe four different types of budgets the management of a service firm may prepare.
What is a cash budget and what is its purpose?
What is a budget performance report and what is its purpose?
Duration: 100 hours
What qualification will I achieve for completing this course?
This is an individual module course. The individual module courses are 100 hour long usually and can be taken on their own or as part of a larger program of study.
If you wish to take an individual module course as a stand alone course, you can elect to sit an optional exam at the end of it.
If you successfully pass the exam and all assignments, you will receive a Statement of Attainment. You can take examinations at a time and location to suit you. If you enrol, you will be sent further information on how to arrange examinations at the end of the course.
If you do not wish to take the exam, you will receive a Course Completion letter when you have passed all assignments.
There is an assignment at the end of each lesson. So for example, if an individual module course contains ten lessons, you will need to complete ten assignments. Assignments can be sent to us via email, post or fax.
Other qualifications, such as certificates, diplomas etc may require examinations to be taken as part of the overall assessment process.
You can find further information on the examinations process by clicking on the “Enrolment” link above.
You can find further information on other courses by clicking on the “Courses” link above.
More Information on ACS Distance Education and our courses
Who are our tutors?
Our tutors are all highly experienced and professional, knowledgeable in their field of study. We have staff from around the world, enabling us to gain a wide variety of perspectives. We have a school in the UK and in Australia. If you would like to have a look at our tutors, then click on the “The School” in the boxes above and choose “The Staff” option.
Sample Course Notes
Our courses are all written by highly qualified tutors and writers, who also teach on the courses, so know them well. We strive to update our courses and improve them with new information, methods and knowledge on an ongoing basis. If you would like to see examples of some of our courses, then choose the “Enrolment” option above, and then click on “Sample Course Notes”.
What learning method should I choose?
We offer three learning methods – e-learning, correspondence and online. If you are not sure which is the right choose for you, then click on the “Enrolment” box above, then “Learning Methods.”
How Long will it take to complete the course?
This obviously varies from student to student. Some students will have more time for study than others. Some students may work quicker than others, so it is an individual thing. We estimate that most students will take, for example, 4 – 6 months to complete a 100 hour individual module, but we allow up to 12 months for you to complete it.
Longer courses will obviously take longer. You can find more information on the length of time required and so on the “Enrolment” box, then selecting “Terms and Conditions of Enrolment.”
What Do Our Students think of us?
If you would like to read comments from our previous students, then choose the “Enrolment” option above, then “Student Testimonials”.
I don’t think this is the right course for me.
If you’re not sure about this course, then why not look at our wide range of other courses. Click on the “Courses” box above.
You may also wish to design your own course to fit in with exactly what YOU want. To do so, click on the “Enrolment” box, then “Design your Own Course”.
If you would like more advice on a course, then you can contact us and ask a tutor about the courses. You can contact us by calling 0800 328 4723 or +44(0) 384 442752 or emailing info@acsedu.co.uk
Recognition and Accreditation
For more information on our recognition and accreditation, click on “The School”, then “Recognition”.
Who is ACS Distance Education?
If you want to know more about ACS and our history, then please click on “The School”, then “About us.”
Home Study Bookkeeping Course
STUDY ONLINE AND BEGIN A NEW CAREER IN BOOKKEEPING
Looking for a career with lots of job opportunities and room to grow? Bookkeeping enables you to work in lots of different and interesting industries. It offers flexibility in that you can work part time or full time. Every business needs a bookkeeper and that's great news for employment prospects!
This course focuses on the nature of accounting for small business, mainly service firms. It provides a very sound foundation, and covers more than what is often covered in introductory courses at other colleges. The course consists of 10 lessons designed specifically for those studying in the UK.
