This one day introductory course is aimed at small businesses who want to understand and learn how to manage their accounts efficiently and to comply with legislation. The workshop embeds the learning with interactive activities based on real life scenarios and encourages you to find out which systems and tools will work best for your organisation.
ESFunded course for people who work in the business industry and want to develop their skills.
The course will cover all of the following:
Why do you need to keep accurate financial records?
The Chart of Accounts – what is it and how to apply it to your business
Recording purchases and sales
Choosing a book-keeping system
Banking & reconciling accounts
Payroll, including self-employment, sun-contractors, pensions
Reports: Debtors, Creditors, Cash flow
The balance sheet – how healthy is your business?
Month and Year End routines
On completion of the course you should be able to:
Know how to check and process documents involved in financial record keeping
Know how to carry out routine book-keeping processes
Have a clear understanding of basic book-keeping principles
Prepare statements as a preliminary to financial control
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Please ensure that you have answered every question throughout each section as without this your application cannot be processed. Please note - Ensure you bring your Record of Achievement / Progress File and Certificates to your interview.