Business Accounting Diploma

Course details

Accounting has become an essential part of business life, and the knowledge and skills that you will learn during this Business Accounting Diploma (USA standards) will give you a broader and more experienced view of business life.

For a business, nothing is more important than its finances. This Business Accounting Diploma course will provide you with a good understanding of business accounts, essential knowledge if you run a small business; are considering setting one up or need to learn more about company accounts for your current or future role.

Whether you are starting your own business or supplementing your understanding of accounting, this course will help you understand accounting basics and give you meaningful financial tools to understand business.

Understanding the four basic financial statements, Income Statement, Balance Sheet, Statement of Retained Earnings, and Statement of Cash Flows, is a key to evaluating companies for your investment decisions. But this business course goes beyond just understanding these financial statements. Business Accounting Basics takes you through the building blocks and accounting cycles that create each statement. In addition, this course will give you the fundamentals needed to project profitability and break your costs down to help analyse any company.

It’s not easy deciding on a career path with so much uncertainty in the market place. One thing is for sure: with this qualification on your CV, you can offer financial expertise to countless businesses crying out for your skills.

Our online program is so well designed that you will feel as if you are in the classroom! The course is comprised of professionally narrated e-Learning modules, interactive quizzes, tests and exams. All delivered through a system that you will have access to 24 hours a day, 7 days a week for 365 days (12 months). An effective support service, and study materials (including step by step guided tutorial videos) enable you to study effectively and guide you to secure your qualification.

Please Note: This Course is Based on USA Standards

COURSE CURRICULUM

Module 01 : Bookkeeping and Payroll Management

   - Online Training User Manual                    

• Introduction to Bookkeeping and Payroll                    
• Transactions                            
• Internal Controls and Control Concepts                       
• Working with Ledgers                          
• Reconciliation                         
• Correcting Entries                  
• Sales Tax, Rules and Filing                  
• Budgeting & Strategic Plan                
• Types of Budgets                    
• Merchandising Income Statement                  
• Sales and Purchase Discounts                           
• Petty Cash                 
• Cash Controls – The Bank Reconciliation                     
• The Payroll Process               
• Payroll Process – Earnings Record                   
• The Partnership & Corporations                     
• Accounts Receivable and Bad Debts                             
• Preparing Interim Statements                          
• Year End – Inventory

Method of Assessment

At the end of the course learners will also take an online multiple choice questions assessment test. This online multiple choice question test is marked automatically so you will receive an instant grade and know whether you have passed the course.

Certification

Successful candidates will be awarded Level 3 Diploma in Business Accounting.
  Updated on 10 May, 2024