Introduction to Bookkeeping (Accounting)
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Introduction to Bookkeeping (Accounting)

An in-depth introduction to Bookkeeping based on UK principles. One of the most comprehensive Bookkeeping courses!
2.6 (9 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
3,245 students enrolled
Last updated 1/2014
English
Current price: $10 Original price: $20 Discount: 50% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 7 hours on-demand video
  • 22 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand the importance of integrity and professionalism
  • Understand legislation that exists relating to the workplace
  • Know the fundamental principles of money laundering legislation
  • Understanding the banking process
  • Understand document retention and storage requirements
  • Understand the role of books and prime entry
  • Understand the principles of coding
  • Understand the double entry bookkeeping system
  • Understand the various types of discount
  • Understand the use of journals
  • Understand control accounts
  • Understand VAT regulations
  • Demonstrate an understanding of the cost recording system within an organisation
  • Recognise the component parts of a cost recording system and how this operates
View Curriculum
Requirements
  • Internet access
  • Willingness to dive into the world of Bookkeeping
  • Rest assured we will teach you from the ground up
Description

Welcome to this Three Sixty Academy course exclusive to Udemy.

Here with Three Sixty Academy you can study online towards an ‘Introduction to Bookkeeping’.

Our course is comprised of 11 modules covering all the basics of bookkeeping including more advanced topics and exercises to allow you to apply the knowledge learnt.

  • Introduction to Bookkeeping
  • Professional Values and Basic Business Legislation
  • Banking Procedures
  • Introduction to Double Entry Bookkeeping
  • Sub-Dividing the Bookkeeping System
  • Principles of VAT
  • Cost and Cost Classification
  • Cost Behaviour Patterns
  • Cost Coding
  • Valuing Stock
  • Labour Costing

  • More than enough to turn you from Bookkeeping zero to hero using our proactive and practical approach. It is arguably one of the most compressive online courses of an introduction to Bookkeeping; giving learners a great grounding and skill set to enter the world of Bookkeeping.

    Good luck and we hope you enjoy our course!

    Who is the target audience?
    • Those interested in doing Bookkeeping for their own or other organisations
    • Those who are interested in learning Bookkeeping, based on UK principles
    • Those already working within Finance or seeking a career within the sector
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    Curriculum For This Course
    Expand All 59 Lectures Collapse All 59 Lectures 12:13:08
    +
    Introduction to Bookkeeping
    7 Lectures 46:55

    By the end of this section you should be able to: Understand the job role and career path for a bookkeeper, understand the different types of business organisation, Know the terminology used in bookkeeping, and understand the responsibilities when working in a bookkeeping environment.

    Preview 01:26

    In this lecture we will be covering the following; Introduction, Financial Accounting, Management Accounting, and Bookkeeping and Accounting.

    Preview 04:05

    In this lecture we will be covering the following: Types of Business Organisation, A Career in Bookkeeping and Accounting, Who do I want to work for,What Skills and Knowledge Will I Need, What Qualifications and Experience Will Employers Look For, and The Role of the Bookkeeper at General Clerical Level.

    Preview 21:53

    In this lecture we will be covering the following: Accounting Concepts, The Dual Aspect Concept, Assets, Capital and Liabilities, Statement of Assets, Capital and Liabilities, Categorising Items of Income and Expenditure, and The Use of Source Documents.

    Accounting Concepts
    15:32

    In this lecture we will be covering the following: The Confidentiality and Security of Information.

    The Confidentiality and Security of Information
    03:59

    This PDF document is the complete reading material for Section 1, which is covered in the video lectures.

    Introduction to Bookkeeping
    23 pages

    This PDF document is the exercises and answers for Section 1.

    Exercises and Answers
    6 pages
    +
    Professional Values and Basic Business Legislation
    6 Lectures 37:02

    By the end of this section you should be able to: Understand the importance of integrity and professionalism, Understand that legislation exists relating to the workplace, and know the fundamental principles of money laundering legislation.

    Introduction
    01:52

    In this lecture we will be covering the following: Introduction, Ethics and Accounting Ethics.

    Professional Values and Basic Business Legislation
    08:22

    In this lecture we will be covering the following: Basic Business Legislation, Data Protection, The Data Protection Principles, Roles, Responsibilities and Rights, Health and Safety at Work, Risk Assessments, The Employer’s Duty of Care, Maintaining a Safe and Healthy Workplace, Health and Safety – The Use of Computers, and Employees Health and Safety Responsibilities.

    Basic Business Legislation
    16:49

    In this lecture we will be covering the following: Money Laundering Regulations, Risk Assessment, Due Diligence Matters, Appointing a Nominated Officer, and Reporting Suspicious Activity.

    Money Laundering Regulations
    09:59

    This PDF document is the complete reading material for Section 2, which is covered in the video lectures.

    Professional Values and Basic Business Legislation
    18 pages

    This PDF document is the exercises and answers for Section 2.

    Exercises and Answers
    8 pages
    +
    Banking Procedures
    5 Lectures 59:24

    By the end of this section you should be able to: Understand the banking process, and Understand document retention and storage requirements.

    Introduction
    01:10

    In this lecture we will be covering the following: Introduction, Deposit Accounts, Current Accounts, Business Loans, Business Overdrafts, The Business and Bank Relationship, Telephone and Internet Banking, Foreign Exchange and Foreign Currency, Safety Deposit Facilities, Methods of Making and Receiving Payment, Cash (Notes and Coins), Cheques, Words and Crossings, The Cheque Clearing System, The ‘Life’ of a Cheque, Post Dated Cheques, Stopping a Cheque, Receipt of Cheques, The Cheque Guarantee System, The Use of Plastic Cards, Debit Cards, Credit Cards, Charge Cards, Processing Card Transactions, Standing Orders and Direct Debit Payments, Register of Standing Orders & Direct Debits, Payment by BACS, Payment by CHAPS, Payment by Telegraphic Transfer, Banking Monies Received, Banking Notes and Coins, Banking Cheques, and Completing a Banking Sheet.

    Banking Procedures
    55:04

    In this lecture we will be covering the following: The Physical Security of Monies.

    The Physical Security of Monies
    03:10

    This PDF document is the complete reading material for Section 3, which is covered in the video lectures.

    Banking Procedures
    29 pages

    This PDF document is the exercises and answers for Section 3.

    Exercises and Answers
    7 pages
    +
    Introduction to Double Entry Bookkeeping
    5 Lectures 01:01:20

    By the end of this section you should be able to: Understand the double entry bookkeeping system, and Prepare ledger balances and an initial trial balance

    Introduction
    00:56

    In this lecture we will be covering the following: Introduction, The Work of the Bookkeeper, The Security of Source Documents and Accounting Records, Basic Accounting Concepts, The Business Entity Concept, The Dual Aspect Concept, The Money Measurement Concept, The Historic Cost Concept, Categorising Items of Income and Expenditure, Double Entry Bookkeeping, and Double Entry Processing – a worked example.

    Introduction to Double Entry Bookkeeping
    53:43

    In this lecture we will be covering the following: Preparing the Initial Trial Balance, and Classifying Ledger Account Balances.

    Preparing the Initial Trial Balance
    06:41

    This PDF document is the complete reading material for Section 4, which is covered in the video lectures.

    Introduction to Double Entry Bookkeeping
    35 pages

    This PDF document is the exercises and answers for Section 4.

    Exercises and Answers
    18 pages
    +
    Sub-Dividing the Bookkeeping System – Using Day Books
    6 Lectures 50:49

    By the end of this section you should be able to: Understand the role of the books of prime entry, Understand the principles of coding, Understand the double entry bookkeeping system, Enter sales invoices and credit notes into the books of prime entry, Enter supplier invoices and credit notes into the books of prime entry, and Process ledger transactions from the books of prime entry.

    Introduction
    02:06

    In this lecture we will be covering the following: Introduction, Sub-Division of the Bookkeeping System, Main Books of Account, General Ledger, The Cash Book and Petty Cash Book, The Subsidiary Ledgers, The Books of Prime Entry, and Sales Returns Day Book.

    Sub-Dividing the Bookkeeping System – Using Day Books
    25:00

    In this lecture we will be covering the following: Control Accounts, and Worked Example.

    Control Accounts
    10:57

    In this lecture we will be covering the following: Coding, A Coding System, General Ledger Codes, Subsidiary Sales Ledger Codes, Subsidiary Purchase Ledger Codes, Cash Book Codes, Using Coding, General Ledger Codes, Sales Ledger Codes, and Purchase Ledger Codes.

    Coding
    12:46

    This PDF document is the complete reading material for Section 5, which is covered in the video lectures.

    Sub-Dividing the Bookkeeping System – Using Day Books
    29 pages

    This PDF document is the exercises and answers for Section 5.

    Exercises and Answers
    28 pages
    +
    Principles of VAT
    6 Lectures 01:28:11

    By the end of this section you should be able to: Understand current VAT regulations, Understand control accounts, and Prepare a tax (VAT) control account.

    Introduction
    01:53

    In this lecture we will be covering the following: Introduction, Value Added Tax, The VAT System, Rates of VAT, Exempt and Outside the Scope, Registering for VAT, Compulsory Registration, Voluntary Registration, Deregistration, Exemption from Registration, VAT Accounting Schemes, The Standard Scheme, The Annual Accounting Scheme, The Cash Accounting Scheme, The Flat Rate Scheme, Making VAT Calculations, and VAT and Cash Discounts.

    Principles of VAT
    36:02

    In this lecture we will be covering the following: The VAT Invoice, Less Detailed VAT Invoices, Modified Invoices, A Proforma Invoice, The VAT Date and the Tax Point, The Taking of Deposits, Accounting for Imports and Exports, Keeping VAT Records, The VAT Return (VAT 100), and Reconciliation of the VAT Control Account to the VAT Return (VAT 100).

    The VAT Invoice
    38:34

    In this lecture we will be covering the following: Control Visits, VAT Penalties for Mistakes and Delays, Changes in VAT, and VAT Information.

    Control Visits
    11:42

    This PDF document is the complete reading material for Section 6, which is covered in the video lectures.

    Principles of VAT
    34 pages

    This PDF document is the exercises and answers for Section 6.

    Exercises and Answers
    9 pages
    +
    Basic Principles of Costing - Cost and Cost Classification
    5 Lectures 21:57

    By the end of this section you should be able to: Demonstrate an understanding of the cost recording system within an organisation, and Recognise the component parts of a cost recording system and how it operates.

    Introduction
    00:53

    In this lecture we will be covering the following: Accounting within an Organisation.

    Basic Principes of Costing - Cost and Cost Classification
    06:17

    In this lecture we will be covering the following: Costs and Cost Classification, Cost Nature and Classification, Cost Per Unit, Cost Classification by Function, Cost Centres and Profit Centres Cost Centres, and Profit Centres.

    Costs and Cost Classification
    14:47

    This PDF document is the complete reading material for Section 7, which is covered in the video lectures.

    Basic Principles of Costing - Cost and Cost Classification
    10 pages

    This PDF document is the exercises and answers for Section 7.

    Exercises and Answers
    3 pages
    +
    Basic Principles of Costing - Cost Behaviour Patterns
    5 Lectures 18:09

    By the end of this section you should be able to: Demonstrate an understanding of the cost recording system within an organisation, and Recognise the component parts of a cost recording system and how this operates.

    Introduction
    01:02

    In this lecture we will be covering the following: Cost Behaviour, Variable Costs, Fixed Costs, Stepped Fixed Costs, and Semi-Variable Costs.

    Basic Principles of Costing - Cost Behaviour Patterns
    10:22

    In this lecture we will be covering the following: Cost Per Unit Using Cost Behaviour, and Budgets.

    Cost Per Unit Using Cost Behaviour
    06:45

    This PDF document is the complete reading material for Section 8, which is covered in the video lectures.

    Basic Principles of Costing - Cost Behaviour Patterns
    8 pages

    This PDF document is the exercises and answers for Section 8.

    Exercises and Answers
    1 page
    +
    Basic Principles of Costing - Cost Coding
    4 Lectures 11:21

    By the end of this section you should be able to: Recognise the component parts of a cost recording system and how it operates.

    Introduction
    00:26

    In this lecture we will be covering the following: Cost Codes, Numeric Codes, Alphabetical Codes, Alpha-Numeric Codes, and Coding Manual.

    Basic Principles of Costing - Cost Coding
    10:55

    This PDF document is the complete reading material for Section 9, which is covered in the video lectures.

    Basic Principles of Costing - Cost Coding
    7 pages

    This PDF document is the exercises and answers for Section 9.

    Exercises and Answers
    3 pages
    +
    Basic Principles of Costing - Valuing Stock
    5 Lectures 14:07

    By the end of this section you should be able to: Demonstrate an understanding of the cost recording system within an organisation, and Recognise the component parts of a cost recording system and how it operates.

    Introduction
    01:02

    In this lecture we will be covering the following: Stock and Types of Materials, Stock Valuation, Stock Valuation Methods, FIFO (First In, First Out), LIFO (Last In, First Out), AVCO (Average Cost Out – Weighted Average Cost), and Stock Records.

    Basic Principles of Costing - Valuing Stock
    07:17

    In this lecture we will be covering the following: Stock Valuation Using the FIFO Method, Stock Valuation using the LIFO Method, and Advantages and Disadvantages of Stock Valuation Methods.

    Stock Valuation
    05:48

    This PDF document is the complete reading material for Section 10, which is covered in the video lectures.

    Basic Principles of Costing - Valuing Stock
    8 pages

    This PDF document is the exercises and answers for Section 10.

    Exercises and Answers
    2 pages
    1 More Section
    About the Instructor
    Three Sixty Academy
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    We work with a wide of range people and organisations to help up-skill, re-skill and expand their knowledge. Our aim is to equip you with the skills and knowledge to take advantage of opportunities which arise. We believe that e-learning is the way forward, over the traditional based learning.