By the end of the session, you will be able to:

• Have a deeper knowledge and understanding of the cash book

• Outline the purpose and content of a petty cash book and maintain the petty cash book

  
  

and answer questions relating to these areas

​

By the end of this session you should be able to: 

• Outline the purpose and content of a number of business documents including a quotation, purchase order, sales order, delivery note, invoice and credit note 

  
  

• Become familiar with VAT calculations and discounts

  
  

• Understand different types of codes and be able to create and use codes 

​

​

• Identify types of businesses

• Identify types of accounting

• Understand the purpose of the financial statements

  •   The statement of profit and loss

  •   The statement of financial position

• Develop an understanding of the importance of books of prime entry in accounting. 
• Recognise and differentiate between various books of prime entry. 
• Learn how to record transactions in books of prime entry accurately. 
• Understand how entries in books of prime entry relate to the double-entry accounting system. 

• The dual effect​
• The separate entity​
• The accounting equation​
• Classify assets, liabilities, income(revenue), expense(cost), capital(equity)​

• Understand the layout of ledger accounts

  
  

• Create a ledger account

  
  

• Enter transactions into ledger accounts

  
  

• Understand the golden rules of ledger accounting

2.      To practice and apply knowledge through various exercises, practice papers and CBA

2.      To practice and apply knowledge through various exercises, practice papers and CBA

• Have recapped over previous learning

• Understand the purpose of the trial balance

• Be able to prepare an initial trial balance

2.      To practice and apply knowledge through various exercises, practice papers and CBA

• Account for credit sales

  
  

• Calculate amounts to appear on an invoice (taking into consideration discounts) 

  
  

• Account for receipts from receivables and prompt payment discounts 

• define payables control account

• define subsidiary ledgers

• understand how books of prime entry are processed into the double-entry bookkeeping system

and answer questions relating to these areas

• Define Trade receivables and Trade payables control account

  
  

• Define subsidiary ledgers

  
  

• Understand how books of prime entry are processed into the double-entry bookkeeping system

and answer questions relating to these areas

2.      To practice and apply knowledge through various exercises, practice papers and CBA

• Understand the role of a bookkeeper

• Understand the concept of financial transactions.

• Understand the differences between cash and credit transactions

• Recognise and understand various types of financial transactions.

​

By the end of this session you should be able to:

• Recap the purpose and content of a number of business documents including a quotation, purchase order, sales order, delivery note, invoice and credit note

• Become familiar with creating an invoice, credit note and statement of account accurately

​

• Develop an understanding of the importance of books of prime entry in accounting. 
• Recognise and differentiate between various books of prime entry. 
• Learn how to record transactions in books of prime entry accurately. 
• Understand how entries in books of prime entry relate to the double-entry accounting system. 

• Outline the purpose and content of a statement of account 

  
  

• Refer to relevant documentation and process receipts and payments, identifying discrepancies 

  
  

• Total and balance the cash book 

  
  

• Embed knowledge of ALICE

• Understand how the dual effect of transactions

• Practice Double entry bookkeeping

  
  

• Recap ALICE

  
  

• Embed knowledge of accounting for transactions (debits and credits) in ledger accounts as part of the general ledger 

• Balance off ledger accounts 

• Recap what we have learnt so far

  
  

• Understand the layout of ledger accounts

• Be able to create a ledger account

• Be able to enter transactions into ledger accounts and balance them off

• Understand the purpose of the trial balance

  
  

• Prepare an initial trial balance  

  
  

• The role of digital bookkeeping systems including the benefits and drawbacks

  
  

• Account for credit sales

  
  

• Calculate amounts to appear on an invoice (taking into consideration discounts) 

  
  

• Account for receipts from receivables and prompt payment discounts 

• Account for credit purchases

  
  

• Calculate amounts to appear on an invoice (taking into consideration discounts) 

  
  

• Account for payments to suppliers (trade payables) and prompt payment discounts 

• Account for credit purchases

  
  

• Calculate amounts to appear on an invoice (taking into consideration discounts) 

  
  

• Account for payments to suppliers (trade payables) and prompt payment discounts 

• Define Trade receivables and Trade payables control account

  
  

• Define subsidiary ledgers

  
  

• Understand how books of prime entry are processed into the double-entry bookkeeping system

and answer questions relating to these areas

• Outline the purpose and content of a statement of account 

  
  

• Refer to relevant documentation and process receipts and payments, identifying discrepancies 

  
  

• Total and balance the cash book 

  
  

By the end of the session, you will be able to:

• Have a deeper knowledge and understanding of the cash book

  
  

  
  

and answer questions relating to these areas

By the end of the session, you will be able to:

• Have a deeper knowledge and understanding of the cash book

• Outline the purpose and content of a petty cash book and maintain the petty cash book

  
  

and answer questions relating to these areas

2.      To practice and apply knowledge through various exercises, practice papers and CBA