Advanced Bookkeeping

Course
 Difficulty Level – Basic to Advanced
To do this course, you must have the following skillsets:

Basic knowledge of:

asic

Accounting Accounting Accounting

Accounting Terms
Principles Standards Policies
 Course Objectives

• Understand bookkeeping, objectives and advantages

• Bookkeeping and how it ties in with accounting
• Understand basic accounting terms
• Understand rules of accounting
• Double entry system
Participants • Understand journal, ledger, trial balance and final accounts
preparation
will be able to
• Explain assets, liabilities, revenue and expenditure
implement: • To learn the process of making adjustments in books
• To prepare financial statements
 What will you learn in this course?

Basic Understand Process of Preparation of

accounting accounting making journal entries,
concepts & assumptions, adjustments in ledgers , trial
double entry concepts, books & balances &
system of principles & closure of financial
bookkeeping rules accounts accounts
Are there any course requirements or prerequisites?

 Basic Accounting Knowledge would

be an added benefit { ex: golden
rules of accounting}
 Who are the target students?

 Student, professional or businessman who want to have

proper knowledge of all the fundamentals of accounting
By the end of the course, you will have the following skill sets

 Hands-on regarding practical and real-life

scenario of bookkeeping system and preparation
of financial statements
 Course Contents

• Introduction of book-keeping and accountancy

• Basic accounting terminologies
• Accounting concepts, conventions and principles and accounting standards concepts and objectives
• Meaning and fundamentals of double entry book-keeping system
• Classification of accounts and accounting equations rules
• Source documents required for accounting
• Journal
• Subsidiary books
• Ledger
• Bank reconciliation statement
• Trial balance
• Errors and their rectification
• Depreciation, provisions and reserves
• Balance sheet items
• Cash flow
• Case study