IBS Introduction to Accounting

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Description

This is the third course in the IBS Professional Programme in Business Administration. It is a practical course for entrepreneurs, middle management, prospective supervisors and leaders in finance. A solid foundation in the financial principles that underlie the world of business is paramount for all such individuals seeking to make a difference to their own and others’ financial circumstances. Working effectively with money is a skill that has eluded many people in the past. Following the basic principles taught in this manual could have made all the difference for such individuals that have found it difficult to come to terms with basic debits and credits, double entries, reconciliations, the interpretation of financial results, and other decision making processes. There are many lurking pitfalls individuals need to be aware of when managing theirs and others’ money. In this c we demonstrate how to strike the optimum balance between healthy profits and cash flows, balance the books and interpret the financial results. The content of this course will also assist in preparing learners for the workplace, essentially guiding them towards becoming employable in the field of finance, accounting and management.

Accreditation

The Institute of Business studies (IBS) under the scope of the Global Institute of Chartered Secretaries and Administrators (ICSA)

Entrance requirement

Grade 10 with English and Mathematics/Mathematical Literacy/Accounting; or equivalent qualification

Duration

This course can be completed in 6 weeks.

Outline

• An introduction to business, bookkeeping and accounting  

• Value Added Tax and source documents  

• Recording cash transactions  

• Recording credit transactions  

• Financial year-end procedures and statements  

• Depreciable assets  

• Preparing salaries and wages  

• An introduction to Managerial Accounting  

• Cash budgets  

Assessment

You will be required to complete a summative assessment (final exam) at the end of your course. 

Award

This course is a part of a national qualification. At the end of this course you will be awarded a certificate of completion. 

Fees






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What our students love about us

Antoinette

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queenstown


I am just loving my courses. I am currently working full time and studying part time, i think online classes is a great idea, because its always better to have someone explains it to me (via videos)!  I (completed) one online class before, and it really helps a lot. Thank you for the great course, i will keep on recommending it.... read more

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