Introduction to business accounting
- Course Code: CCFS03
- Dates: 22/03/25 - 05/04/25
- Time: 10:30 - 16:30
- Taught: Sat, Daytime
- Duration: 3 sessions (over 3 weeks)
- Location: Keeley Street
- Tutor: Tariq Hassan
Course Code: CCFS03
Duration: 3 sessions (over 3 weeks)
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.
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?
Please click here to view our Business Skills courses
Disclaimer
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.