AAT Essentials - Fundamentals of Financial Accounting

This course introduces participants to double-entry bookkeeping principles and focuses on accurately categorising transactions into accounts.

It also explains how to account for VAT and the difference between accruals and cash accounting.

This is a half day workshop taking place between 12.45pm-4.45pm.

Content

- how to differentiate between accounting and bookkeeping
- how to categorise accounts and transactions
- the principles of double-entry bookkeeping and how to apply them
- an understanding of VAT and how it works
- how to explain the difference between accruals and cash accounting
- the importance of finance skills to enable your business to operate more efficiently
- how to make better business decisions based on finances.

Entry requirements

It's suitable for those with no or limited bookkeeping understanding and experience, and those finding themselves in a role where, for example, they must code purchase orders correctly

Location

Falkirk Campus

Availability

Attendance

Distance Learning

Start date

05 January 2022

End date