Introduction to Bookkeeping

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This introductory course will present the fundamental skills needed in bookkeeping and accounting. It will give you a greater understanding of what double-entry bookkeeping is and how to prepare a balance sheet and a profit and loss account.

Course outlines:

• 1 skills required for bookkeeping and accounting
• 1.1 Use of calculator memory
• 1.2 Rounding
• 1.3 Negative numbers and the use of brackets

• 2 Double entry and the balance sheet
• 2.1 Accounting records and financial statements
• 2.2 Definitions of assets, capital and liabilities
• 2.3 A simplified UK balance sheet format
• 2.4 T-accounts, debits and credits

• 3 Double entry and the profit and loss account
• 3.1 Making a profit and generating cash
• 3.2 The effect of profit on the accounting equation
• 3.3 The profit and loss account
• 3.4 Income and expense accounts
• 3.5 The accounting equation and the double-entry rules for
income and expenses

December 8th, 2018 12:00 PM   through   3:00 PM
24-30 Dalston Lane
E8 3AZ
United Kingdom

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Event Fee(s)
Voluntary, Community & Social Enterprise Sector operating in Hackney £ 30.00
Members of THCVS, Redbridge CVS, Voluntary Action Islington £ 30.00
Voluntary, Community & Social Enterprise Sector (not operating in Hackney) £ 45.00

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