Basic Accounting Skills
Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. At Malvern House London, you will learn how to minimise the costs and maximise the profit, keep track of the company’s finances, such as payroll, business expenses, returns, submitting tax returns, auditing and completing government forms.
Where: Malvern House London (Kings Cross)
Duration: 10 hours over 2 weeks
Course level: Introductory
Course Learning Outcome:
• Understand basic accounting terminology.
• Identify the differences between the cash and accrual accounting methods.
• Keep track of your business by becoming familiar with accounts payable and accounts receivable.
• Use a journal and general ledger to document business financials.