This course is designed for people who wish to gain an understanding of principles of Book-keeping and undertake essential book-keeping and financial record keeping routines for a small business.

The course aims to:

• Define essential book-keeping terms and principles
• Undertake VAT calculations and complete returns
• Set up and operate cashbooks
• Reconcile ledger accounts
• Correct account errors
• Understand trading and profit & loss accounts for a sole trader
• Explain balance sheets for a sole trader
• Close off ledger accounts at year-end
• Describe the accounting requirements of non-profit making organisations