Introduces the purpose, principles and importance of accounting and finance in businesses and organisations.
Develops the fundamental skills required to record and organise financial transactions accurately.
Teaches learners how to record transactions in journals and post them to appropriate ledger accounts.
Covers preparation of trial balances and identification and correction of common accounting errors.
Develops practical skills in managing cash transactions and reconciling business bank accounts.
Teaches learners how to prepare and interpret basic financial statements for businesses and organisations.
Covers the management and accounting treatment of money owed by customers and money owed to suppliers.
Introduces accounting procedures for managing inventory and long-term business assets.
Provides practical knowledge of payroll preparation, employee records and statutory deductions.
Introduces accounting information used by managers for planning, controlling operations and making business decisions.
Develops practical skills in preparing budgets and planning the financial resources of an organisation.
Explores how organisations manage financial resources to achieve stability, growth and profitability.
Teaches learners how to analyse financial statements and evaluate business performance.
Introduces taxation concepts, tax records and compliance responsibilities applicable to businesses.
Introduces auditing principles and the internal controls used to protect financial resources and improve accountability.
Provides hands-on experience using accounting software to manage business financial records.
Develops professional conduct, ethical decision-making and responsible handling of financial information.
Allows learners to apply their accounting and finance knowledge to a realistic business case.