Bookkeeping – Accounting and Book-keeping Diploma is one of the best Accounting & Bookkeeping Diploma offered by ILC to provide Knowledge about Bookkeeping to those who are looking to work in Bookkeeping and Accounting Sector. ILC is one of the Leading Online Bookkeeping – Accounting and Book-keeping Diploma provider in United Kingdom and Bookkeeping – Accounting Diploma include 10 important modules that teach learner about their need and succession in their professional life.
Bookkeeping – Accounting Diploma is a provider learner with key information about the application and skills that are demanded in business industries. Bookkeeping – Accounting Diploma provide lessons, modules, and quizzes to get access and knowledge on the end provided with Professional Certificate that helps in Career building in professional life. Bookkeeping – Accounting Diploma make learner able to communicate professional, Basic Bookkeeping Skills, Manage Resources, organizational skills, and Record Management and Budget and Financial Reports to succeed in their professional life.
Module 1: Basic Bookkeeping Skills
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.
Utilize the balance sheet.
Identify different types of financial statements.
Uncover the reasons for and actually create a budget.
Be familiar with internal and external auditing.
Module 2 – Achieve and Record Management
Define records and archives
Analyze records in context
Understand different systems
Maintain and convert records
Module 3 – Budgets and Financial Reports
Identify financial terminology
Understand financial statements
Identify how to analyze financial statements
How to make budgeting easy
Understand advanced forecasting techniques
Understand how to manage the budget
Identify How to make smart purchasing decisions
Identify the legal aspects of finances
Module 4 – Understanding Profit and Loss Account
Module 5 – Recording Business Transactions
Module 6 – Crisis Management
Understand the myths behind workplace violence
Define escalation and identify examples
Learn concerning behaviors
Know what a trigger is and how that can escalate
Understand the proper response to an event
Module 7 – Financial Reporting
Module 8 – Managing Personal Finances
Understand your personal expenses
Know the benefits of making a budget
Set financial goals
Develop good spending habits
Learn how to pay off debt
Learn how to effectively make a budget
Module 9 – Understand Ratio Analysis
Module 10 – Risk Assessment and Management
Identify hazards and risks
Update control measures
Grasp the fundamentals of accident reports
Identify risk management techniques
Outline a disaster recovery plan
Communicate to the organization
Learners pursuing to enroll for this course should meet the following conditions.
1. Be age 16 years or above.
2. Solid knowledge of English Language.
3. Working Knowledge of Information Communication Technologies for studying online i.e. Internet, Microsoft Office.
4. A genuine desire to study and succeed.
Bookkeeping – Accounting Diploma make learner able to communicate professional, Basic Bookkeeping Skills, Manage Resources, organizational skills, and Record Management and Budget and Financial Reports to succeed in their professional life.
After studying through the training manual, Learner will have to attempt Final Test (online multiple-choice test – 2 attempts), if necessary, may attempt the test third times at no extra cost. Your test will be assessed automatically and straightaway so that you will directly know whether you have been successful or not. The passing score is 80%. You can retake the test in the case of not being successful at the first attempt.
Before attempting your Final Test, you will have the opportunity to test your proficiency with a Mock Test (online multiple-choice test – Unlimited attempts).
All test(s) / Assessment(s) are online and are taken either through or after the course; these are included in the course price.
Inspire London College Offers Endorsed Courses by Training Qualification UK (TQUK) under TQUK Endorsed Provision.
TQUK Endorsed Provision
This means that Inspire London College has designed and developed its courses and has go through an external quality check by Training Qualification UK (TQUK) to ensure that the ILC and the courses it offers, meet the high standards quality criteria.
Training Qualification UK (TQUK)
TQUK is an Ofqual regulated Awarding Organisation, providing a wide range of vocational qualifications to FE Colleges and private training providers.
TQUK is an Awarding Organisation recognised by the Office of Qualifications and Examinations Regulation (Ofqual) in England, CCEA Regulation in Northern Ireland and by Qualifications Wales. TQUK offers qualifications which are regulated by Ofqual and, in some cases, by CCEA Regulation and/or Qualifications Wales, sit on the Regulated Qualifications Framework (RQF) and are listed on the Register of Regulated Qualifications.
Upon successfully passing the Course, learner needs to pay for Certificate of Completion from ILC (either in PDF format or Hardcopy) or Endorsed Diploma from TQUK (Hardcopy).
Certificate of Completion (PDF format) = £40
Certificate of Completion (Hardcopy) = £60 + postage charges £15 = £75
Endorsed Diploma from Awarding Body TQUK (Hardcopy) = £99 + postage charges £15=£114