Introduction to bookkeeping

Explore the essentials of manual and digital bookkeeping systems, understanding associated documents and processes. Learn fundamental principles, including ledger accounting, to proficiently record day-to-day financial transactions.

Principles of bookkeeping controls

Building on double-entry knowledge, this unit explores advanced bookkeeping procedures, including control accounts, bank reconciliations, payroll, error resolution, and the role of journals. It extends the skills acquired in Introduction to Bookkeeping, focusing on VAT control accounts, receivables, and payables ledger management. Utilising the journal for precise transaction recording and error correction.

Principles of Costing

An introduction to basic costing principles, establishing a strong foundation for more advanced costing and management accounting tasks. Learn the significance of costing systems as crucial sources of information for management planning, decision-making, and cost control, while acquiring skills in cost recording techniques and utilising basic spreadsheet skills for effective cost calculations.

The Business Environment

Gain practical knowledge of key business concepts and their real-world application in both external and internal environments. Explore the legal system, principles of contract law, corporate social responsibility, ethics, sustainability, and understand the intricacies of organisational structure, finance functions, and effective communication within a business context.

Why study this course?

1. Gain a deep understanding of accounting principles crucial for final accounts preparation, equipping you with foundational knowledge for a career in accounting.
2. Explore and apply advanced double-entry bookkeeping principles, enhancing your proficiency in handling complex financial transactions.
3. Learn procedures for the acquisition and disposal of non-current assets and master the preparation and recording of depreciation calculations.
4. Acquire skills to record period-end adjustments and extend the trial balance, ensuring accurate and comprehensive financial reporting.
5. Develop the ability to produce financial statements tailored for sole traders and partnerships, enhancing your capability to communicate financial performance effectively.
6. Understand legislation requirements related to VAT, calculate VAT, and review/verify VAT returns, ensuring compliance with tax regulations.
7. Develop skills to report information within an organisation, enhancing your ability to communicate financial data to relevant stakeholders.
8. Learn how to manage costs effectively, understand financial records, and calculate budgets.
9. Gain insights into contract law, ensuring you navigate business environments and legal obligations confidently.
10. Explore the external business landscape, adapting to factors influencing organisational decisions.
11. Understand the principles of corporate social responsibility (CSR), ethics, and sustainability for responsible business practices.
12. Learn how different business structures impact operations and decision-making.
13. Understand the finance function, linking financial principles to broader business operations.

Why ABA

1. Our institution is approved by AAT, assuring you that our training programs adhere to the highest quality and educational standards in the field of accounting.
2. Benefit from expert support in a classroom setting, providing a conducive environment for interactive learning and personalised assistance.
3. Our courses are led by qualified instructors with extensive experience in the accounting field, offering valuable insights and guidance throughout your learning journey.
4. Our AAT accreditation means our training is tailored to prepare you for a successful career in accounting, with a focus on practical skills and industry relevance.
5. Tailor your learning experience with our blended options, providing flexibility through a mix of in-person and online classes, accommodating various schedules and preferences.
6. We understand the demands of your schedule; therefore, we offer flexible learning options with weekend and evening classes to accommodate your needs.