Course Overview

This course provides a comprehensive introduction to the fundamental principles and practices of bookkeeping. Participants will gain practical knowledge and skills essential for maintaining accurate financial records and managing financial transactions effectively.

Through hands-on exercises and real-world examples, learners will develop a solid foundation in bookkeeping principles and be equipped with the necessary tools to apply them in various professional settings.

 

Prerequisites

  • Trainees should be proficient in web surfing.
  • Proficient in Microsoft Excel
  • Able to communicate in English.
  • For in-person training, do bring along a laptop that has Microsoft Excel.   

Target Audience

This course is tailored for individuals in Singapore who are new to book-keeping. It is suitable for:

  • Entrepreneurs and startup founders.
  • Administrative professionals.
  • Anyone interested in learning book-keeping.

Course Highlights

  • Participants will benefit from dynamic discussions, hands-on exercises, and real-world case studies to deepen their understanding of bookkeeping concepts.
  • Analyse actual financial records from various industries to gain insights into applying bookkeeping principles.
  • Engage with instructors and peers, facilitating knowledge sharing and clarifying doubts.
  • Acquire personalized assistance and practical tips for book-keeping.

Course Objectives

Upon completion of the course, participants will be able to:

  • List the basic principles and concepts of bookkeeping.
  • Identify different types of financial transactions and their impact on financial records.
  • Use accounting software and tools effectively for bookkeeping tasks.
  • Prepare and maintain accurate financial statements, including balance sheets and income statements.
  • Analyse financial data to assess the financial health of an organization.
  • Apply bookkeeping best practices to ensure compliance with relevant regulations and standards.

Course Outline

  • Define bookkeeping and its significance in business operations.
  • Role of bookkeeping in business operations.
  • Introduce generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS).
  • Explain the concept of double-entry bookkeeping and its underlying principles.
  • Define debits and credits and their role in recording transactions.
  • Types of accounts: assets, liabilities, equity, revenue, and expenses.
  • Explain the purpose of a journal and how to record transactions using journal entries.
  • Demonstrate how to transfer journal entries to the appropriate ledger accounts.
  • Define the trial balance and its role in verifying the accuracy of ledger balances.
  • Discuss the steps of the accounting cycle and how they relate to the bookkeeping process.
  • Discuss the benefits of using Excel for manual bookkeeping processes.
  • Introduce basic Excel functions and formulas relevant to bookkeeping tasks.
  • Demonstrate how to create customized Excel templates for recording transactions, journals, and ledgers.
  • Explain how to summarize transaction data and generate financial reports using Excel.
  • Demonstrate techniques for analysing financial data and creating visualizations such as charts and graphs.
  • Generate Income Statement, Balance Sheet, and Cashflow Statement.
  • Introduce key financial ratios for liquidity, profitability, efficiency, and solvency.
  • Analyse financial statements using ratio analysis.
  • Interpret the results of ratio analysis and identify areas of strength and weakness. 
  • Discuss regulatory requirements for financial reporting and disclosure.
  • Address common compliance issues and best practices for ensuring accuracy and transparency in financial reporting.

Certification

A certificate of completion will be awarded upon successful completion of the course.

Course Fees

$788 $488

Book-Keeping

Master Bookkeeping Fundamentals to Manage Financial Records with Confidence

Apply Now

Register for the Book-Keeping Course

Master Bookkeeping Fundamentals to Manage Financial Records with Confidence

Oops! We could not locate your form.