Bookkeeping - The First Principles (ROI)

Course outline:

At the end of the course participants will be familiar with the basic principles of double entry bookkeeping, and will have prepared trial balances, profit and loss accounts and balance sheets to a basic level.

Participants will be introduced to the basic principles of double entry bookkeeping, along with accounting records, types of business and methods of bookkeeping.

Participants will be shown how to:

• Open accounts for individual transactions
• Post entries to T-accounts
• Record cash and credit transactions
• Extract a trial balance
• Preparation of a profit and loss account and balance sheet

This course is an interactive workshop.

This course was originally created for the UK and has reference to pounds sterling and UK VAT rates. However they are suitable for trainees in the Republic of Ireland and this is reflected in the cost.

(ROI) courses are for sale to accountants in the Republic of Ireland. These on-demand courses are also available as part of the ROI Box Set – click here for details.

CPD Hours: 6