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Essential Bookkeeping Skills

Online
1.5-3 hours
Free

Course Content

Gain professional-level skills in bookkeeping and financial management with this free online course. Are you ready to master the essentials of bookkeeping? This free course dives deep into financial reporting, transaction management, and data analysis, equipping you with the skills to maintain accurate records and make informed business decisions. This course was reviewed and approved by qualified subject matter expert Nisha Khanal, a bookkeeping and accounting consultant. Join us now to transform your financial management capabilities!

Course Details

CollegeAlison
Course ID192247
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration1.5-3 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathIn This Free Course, You Will Learn How To
• List the primary financial statements and explain how the accounting equation links them
• Outline the steps involved in recording transactions using the double-entry bookkeeping system
• Describe the process of recording revenues and expenses under both accrual and cash basis accounting
• Recall the components of payroll accounting and their relevance to employee expense management
• Identify the methods of inventory valuation and their application in financial reporting
• Recognise common errors in account reconciliation and discuss strategies to ensure data accuracy
• Evaluate business performance using key financial ratios derived from financial reports
• Discuss best practices for financial record management and the role of internal controls in preventing fraud
• Calculate how to change Small and Large Numbers from Standard Form
Course Code1178

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