Introduction To Accounting And Finance

About this course

The course introduces personal finance and small-business accountancy through bookkeeping terminology, income and expenditure, budgeting, money-management tools and basic business transactions. Learners prepare a simple accounting sheet and work with practical, real-life examples. Teaching takes place through face-to-face sessions, supported by teacher feedback, individual learning plans, self-assessment, peer assessment and group sharing of work. Learners complete a Level 1 qualification in Money Management alongside the course.

What you'll learn

• Define key bookkeeping and accounting terms
• Distinguish between income and expenditure
• Create simple personal or business budgets
• Use basic tools for managing money
• Prepare a simple accounting sheet
• Record and interpret basic business transactions

Is this course right for you?

The course is intended as an accessible entry point for learners from different backgrounds who want an introduction to personal finance and basic accountancy. The stated entry requirements are English Entry 3 or above and a willingness to do some maths with tutor support. Regular independent study and homework are expected.

• Suitable for learners seeking an introduction to small-business accountancy
• Requires time for independent study and practice outside class
• Includes group sharing of work, self-assessment and peer assessment

Before you go

• Learners should be prepared to complete homework and independent study outside the classroom.