Introduction to business accounting

100% of 100
Every business needs to know if it is making a profit or loss and the worth of the business.This course provides a solid introduction of accounting for small business owners or any individuals who would like to gain knowledge on accounting topics and principles for business.
Choose a starting date

Learning modes and locations may be different depending on the course start date. Please check the location of your chosen course and read our guide to learning modes and locations to help you choose the right course for you.

  • Start Date: 01 Oct 2026
    End Date: 29 Oct 2026
    Thu (Evening): 18:00 - 21:00
    Choose either online or in-person
    Location: Hybrid (choose either online or in-person)
    Duration: 5 sessions (over 5 weeks)
    Course Code: CCFS01
    Full fee £289.00 Senior fee £231.00 Concession £188.00
    Add to Wish List
  • Start Date: 25 Feb 2027
    End Date: 25 Mar 2027
    Thu (Evening): 18:00 - 21:00
    Choose either online or in-person
    Location: Hybrid (choose either online or in-person)
    Duration: 5 sessions (over 5 weeks)
    Course Code: CCFS03
    Full fee £289.00 Senior fee £231.00 Concession £188.00
    Add to Wish List

Any questions? computing@citylit.ac.uk or call 020 4582 8438

Please note: We offer a wide variety of financial support to make courses affordable. Just visit our online Help Centre for more information on a range of topics including fees, online learning and FAQs.

Book your place
In stock
SKU
249712
Full fee £289.00 Senior fee £231.00 Concession £188.00

What is the course about?

Learn about accounting topics such as balance sheets, profit and loss statements, accounting technology and accounting principles.

Participants who will attend the full course will receive a City Lit certificate of attendance electronically for their CV or CPD records. The certificate will show your name, course title and dates of the course you have attended.

What will we cover?

• The nature and objectives of accounting information
• Linking double entry principles & accounting
• Accounting principles/concepts underlying the preparation of accounts
• Balance sheet/position statement
•Categorisation of assets and liabilities
• Calculating depreciation using the straight line method and reducing balance method
• The income statement or profit and loss account
• Calculating the cost of goods sold.

What will I achieve?
By the end of this course you should be able to...

• Identify standard accounting concepts
• Apply a balance sheet equation
• Prepare financial statements
• Use methods of calculating depreciation
• Calculate profit and loss
• Calculate the cost of goods sold.

What level is the course and do I need any particular skills?

This course is for beginners to accounting and it is suitable for small business owners. Some knowledge of bookkeeping would be helpful. Students should be able to understand basic mathematical calculations - add, subtract, multiply and divide. Students should also be able to read and understand written instructions.

How will I be taught, and will there be any work outside the class?

Notes will be provided electronically in Google Classroom. Students will be given exercises to complete outside of class time.

Are there any other costs? Is there anything I need to bring?

No other costs. A pen and paper to take notes.

When I've finished, what course can I do next?

City Lit offers a variety of progression courses in this subject area. Please click here to view our Business Management Courses.
Disclaimer: Use of Third-Party Software
This course might require you to either use your own personal account or create an account for the purposes of this course. City Lit cannot accept any responsibility for any failings of the third party or provide technical support. Whilst using the software you will be responsible for abiding by the providers terms and conditions and maintaining your own work.

Vina Theodorakopoulou Tutor Website

Vina Theodorakopoulou teaches at the intersection of technology, business and society, helping learners connect big ideas on economics, innovation and human behaviour to real-world decisions and practical outcomes. With a background in financial and professional services and a PhD in behavioural economics, she brings practical insight into how decisions are made under uncertainty and how systems -from markets to organisations- affect everyday life and work. At City Lit, her courses span topics such as AI and ethics, global capitalism, innovation, sustainability and communication. Across all subjects, she focuses on connecting ideas to practice, encouraging learners to apply what they learn in meaningful and tangible ways. She has a strong interest in global cultures and communication, reflected in her teaching of languages and cultural forms, including Greek dance. She believes learning should open up new ways of thinking about work, culture and how we live — and offer practical value beyond the classroom.

Please note: We reserve the right to change our tutors from those advertised. This happens rarely, but if it does, we are unable to refund fees due to this. Our tutors may have different teaching styles; however we guarantee a consistent quality of teaching in all our courses.