Northern Society of Chartered Accountants

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Double entry bookkeeping: understanding the debits and credits

Double-entry bookkeeping is the foundation on which accounts are built. This interactive course is specifically focussed towards those who need to learn the absolute basics of double-entry bookkeeping. 

You will be to taught, through the use of practical exercises, a debit from a credit.  Teaching accounting concepts, this course will assist participants in the production of a basic set of financial statements.  The skills taught are transferable to practical accounts preparation work and will also motivate participants to understand why certain tasks are performed.

Course content:

• The accounting equation
• The double entry system
• Journal entries and the role of ‘T’ accounts
• Accounting principles
• The use of control accounts
• The trial balance

Testimonial comments when this course has been delivered include:

• Excellent content, speaker was very patient and very approachable.
• Clarified why I do some of the things I do and understanding the reasons behind it.
• Excellent course.  Covered lots but at appropriate speed and detail.
  

A follow up Basic accounting course on 18 November 2015 will also build upon the double entry bookkeeping knowledge acquired on this course.