ABC Bookkeeping course

CMIT has launched a ABC Bookkeeping Course. This course is ideal for those running their own business or those considering a career in finance or accounting. This Bookkeeping course will provide learners with the skills needed to deal with the books and accounts in a corporate environment. This ABC Certificate in Bookkeeping course is designed to give you the learner understanding of the application of Bookkeeping and Accounting knowledge in the workplace. Entry Requirements: No prior knowledge is required. The course covers the following:

Part 1
  • The role of the bookkeeper
  • Types of businesses
  • The concepts of Business Entity and Historic Cost
  • Setting up the Bank Account
  • The Analysed Cash Book
  • An Introduction to Double Entry Bookkeeping
  • The concept of Duality
  • Correction of Errors
  • The Journal
  • The Cash Account
  • Two Column Cash Book
  • Debit and Credit Cards
  • Payroll Transactions
  • Credit Transactions
  • An Introduction to Value Added Tax
  • Business Documents
  • Calculating VAT
  • Discounts
  • VAT and the Ledgers
  • Petty Cash
Part 2
  • Day Books
  • Control Accounts
  • Three Column Cash Book Bad debts
  • Sale of an Asset Paying the VAT bill
  • The Construction Industry
  • Withdrawal of funds by partners and directors
  • Foreign Transactions
  • Relevant Legislation
  • This course is assessed through a series of tutor marked assignments. There is no exam for this course.