Accounting & Bookkeeping

Accounting & Bookkeeping - Professional Online Course
Student numbers
21226 Students. ICOES Accredited. IAPCC and CPD Certified.

Online Course Accounting & Bookkeeping

Today's economy requires knowledge of how to manage finances effectively

Whether you want a career in accountancy or bookkeeping, to become more useful to your business or to prepare for tax season, our online Accounting and Bookkeeping class will provide you with the necessary tools and knowledge.

Prepare to battle the financial world by learning:

Monitor sales, money flow and inventory.
Follow the protocol for bookkeeping, including balancing and testing your finances.
Create financial statements and records.
Manage your finances
Watch over and oversee the expenses.
Compute the profitability and shareholder value of the company.
Pay taxes and prepare for an audit (both internal and external).


Recommended study time: 50 hours. Completion grants you 50 CPD points. See the Certification section for more information.


Module 1: Starting out with the basics

What is accounting?
At the start
A concise history of accounting
The importance of accounting
The decisions regarding the implementation of an accounting system.
Jargon, or the way to speak like an accountant


Module 2: The Different Kinds of Accounting

The duties of accounting
Debt and capital account
Managerial accounting
Tax accounting
Other duties


Module 3: Understanding Your Accounts

Organising your finances
The accounting period
To automate accounting processes, utilise computers for this purpose.


Module 4: Maintaining Inventory and Tracking Sales.

What is inventory?
Purpose of inventory and inventory management
Maintaining a sales record
The effect on cash


Module 5: Controlling and Managing Expenses

How to regulate and manage spending
Combining your finances
long-term acquisitions of assets
Debt with the finances


Module 6: Avoiding Violent Accounting

Incorrect financial accounting practices
The results of poor accounting practices
Avoiding mistakes
Famous accounting controversies


Module 7: Start-Up With Bookkeeping

Beginning of bookkeeping
The value of bookkeeping
Single-entry bookkeeping
Two-way bookkeeping


Module 8: Effective Bookkeeping

Posting and coding
Having and testing the books.
Mistakes and changes
Preparation of financial statements
conducting a financial analysis of the profitability of a business
Liquidity and testing
Internal procedures


Module 9: Tax Tracking and Reports

Understanding the tax system
Tax recording
Reporting, storing, and specific dates
Tax assistance
Complete the year with no debt.


Module 10: Managing an audit

What is an audit?
Taking part in an audit
External auditor
Internal auditor
Price audit
Performance audit
High-quality audits


Career

Who is this educational program intended for?

Anyone wanting to become more financially responsible.
Those interested in pursuing bookkeeping or accounting.
Current or potential business owners who want to make sure their accounts are operated correctly.
Accountants and bookkeepers who seek additional knowledge.
Career route

Our online accounting class will assist you:

Take the first step towards your new career in finance.
Increase your revenue by learning how to most effectively manage your finances.
Get the financial knowledge you need to begin your own business.

Access All Courses

International Open Academy

International Open Academy

Certification

You'll have to complete each lesson completely, and answer questions at the conclusion of each module's course. If your success rate on each exam is greater than 55 per cent, you will be eligible to receive a certificate of completion or other recognition of your accomplishments.

Many of our courses will grant you credits through Continuing Education (CE) / Continuing Professional Development (CPD). CE/CPD credits are recognised and valued by professional organisations and educational institutions in the U.S. and internationally, including the UK.

All courses are approved by the International Council for Online Educational Standards (www.icoes.org) and the International Association of Private Career Colleges (www.iapcc.org). When a student successfully completes the course, they can choose to receive an ICOES certification that reflects the completion. This certification is from a third party that is recognised for its legitimacy.

Requirements

International Open Courses are intended for anyone who wishes to learn. No specific educational requirements are necessary to take part in our study. Our classes are appropriate for people who want to learn new abilities, begin a new career, or if you're already employed in a specific field and want to expand your talents and increase your resume.