Learn about the essential numerical skills required for accounting and bookkeeping. This free course, Introduction to bookkeeping and accounting, explains the fundamental rules of double-entry bookkeeping and how they are used to produce the balance sheet and the profit and loss account.

 

Course Learning Outcomes

After studying this course, you should be able to:

• understand and apply the essential numerical skills required for bookkeeping and accounting
• understand and explain the relationship between the accounting equation and double-entry bookkeeping
• record transactions in the appropriate ledger accounts using the double-entry bookkeeping system
• balance off ledger accounts at the end of an accounting period
• prepare a trial balance, balance sheet and a profit and loss account.

 

Course duration : 8 hours

You can start this course straight away. Please follow the link in your confirmation email to take you directly to the course.

 

This is an access anytime e-learning resource provided free of charge in association Open Learn

(If you do not receive a confirmation email please check your spam/junk email boxes or sign into  the ‘Your Account’ section of the Learning Hub website to retrieve all of your booking and course information)

 

All Open Learn courses and have been shared by permission of The Open University copyright © and have been licensed for use under the ‘Creative Commons ‘Attributions; Non-Commercial; Share Alike’ License.  

For full information about the Open University visit Home | OpenLearn – Open University.  

For any further questions or clarification around usage, visit Frequently asked questions | OpenLearn – Open University

http://creativecommons.org/licenses/by-nc-sa/4.0/deed.en_GB