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

Assessment

• This course is assessed through a series of tutor marked assignments. There is no exam for this course.