Accounting and Finance – Introduction

About this course

The course introduces core accounting terminology and principles through small business examples. Topics include bookkeeping, simple transactions, cash handling, accounting equations and double-entry methods. Step-by-step tutor guidance, practical examples and individual tasks are used to develop basic accounting skills. Participants will also work with capital, assets, liabilities, stock, revenue and expenses, including the preparation of a simple balance sheet.

What you'll learn

• Record simple business transactions using basic bookkeeping methods
• Apply accounting equations and double-entry principles
• Distinguish between capital, assets, liabilities, stock, revenue and expenses
• Prepare a simple balance sheet
• Use basic accounting terminology in small business contexts

Is this course right for you?

This course is intended for beginners interested in small business accountancy, whether for general understanding, managing their own finances or considering further study. No previous knowledge of the subject is necessary.

• Suitable for learners with no prior accounting knowledge
• Includes individual tasks as well as tutor-guided practice
• Provides an introduction that may lead to further accountancy or bookkeeping study

Before you go

• Learners are encouraged to bring paper, a pencil, a pen, an eraser, a ruler and a calculator.