Accounting Basics
Bookkeeping, payables/receivables and financial administration
Duration: 9 weeks
Prerequisite: Required
Pre-assessment: Required
What does the Accounting Basics program include?
The Accounting Basics program provides a comprehensive overview of fundamental financial management concepts. Starting with the basics of bookkeeping and understanding financial transactions, participants progress through accounting principles, the Chart of Accounts, and Double Entry Bookkeeping. The program covers Bank Reconciliation, financial statements, and management of cash flow, receivables, and payables, including an introduction to tax accounting. Practical skills include generating financial reports using software like QuickBooks and utilizing spreadsheets for accounting functions. Advanced lessons focus on mastering accounting software for efficient workflow automation, empowering participants with the skills for data-driven decision-making in a professional context.
Curriculum Overview
- Bookkeeping foundations and chart-of-accounts awareness
- Invoices, accounts receivable and payment tracking
- Accounts payable, purchasing records and expense documentation
- Bank reconciliation and payroll-process awareness
- Spreadsheet tracking and basic financial reports
- Office documentation, practical exercises and employment readiness
Career Pathways
Accounting clerk assistant
- Bookkeeping assistant
- Finance office support
