What you'll learn
Develop essential accounting skills and knowledge, covering financial transactions, management information, and financial records maintenance.
- Understand the need to record financial transactions and the stakeholders involved.
- Prepare source documents and Books of Prime Entry for business transactions.
- Differentiate between capital and revenue expenditure and income.
- Describe the purpose of management information and accounting systems.
- Account for labor costs and use management information systems.
- Understand the role of financial records in business organizations.
- Apply the double-entry system of bookkeeping and prepare trial balances.
- Reconcile bank statements with cash book balances.
