Bookkeeping Essentials
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Accurately manage financial transactions and understand their impact on business operations.
This course provides a comprehensive introduction to the essential principles of bookkeeping, emphasizing the critical role accurate financial information plays in business success. Participants will gain a foundational understanding of how to manage financial transactions, enabling organizations to assess their financial health and meet strategic goals. This course is designed for individuals with no prior bookkeeping or accounting experience, making it accessible for anyone looking to enhance their financial management skills.
Through interactive discussions and practical exercises, participants will explore topics such as interpreting the chart of accounts, managing invoices and payroll, and analyzing financial data. By the end of the course, learners will feel more confident in their ability to maintain financial records and communicate financial information effectively.
Key Learning Outcomes
- Develop the ability to interpret the chart of accounts and its significance in organizing financial data.
- Identify and interpret relevant financial information to support effective decision-making.
- Learn how to accurately enter items such as invoices, revenue, and payroll into the bookkeeping system.
- Gain insight into how financial entries influence the general ledger and overall financial statements.
- Enhance skills in discussing and analyzing financial information confidently and effectively.
Course Duration: 1 day | Continuing Education Contact Hours: 7