Book-keeping & Small Business Accounting
Book-keeping & Small Business Accounting
Course Overview
The Book-keeping & Small Business Accounting course provides learners with practical knowledge and hands-on skills for managing financial records and accounts in small businesses. It covers key accounting principles, record-keeping, and financial reporting processes essential for business decision-making. Participants will learn how to maintain accurate books, prepare basic financial statements, and use accounting software to ensure transparency and efficiency in business operations.
Course Objective
By the end of this course, learners will be able to:
Understand the principles and importance of bookkeeping and accounting.
Record daily business transactions accurately using double-entry systems.
Prepare key financial statements such as income statements and balance sheets.
Manage cash flow, expenses, and budgets effectively.
Use accounting tools and software for record management.
Interpret financial reports for sound business decision-making.
Comply with basic tax and financial regulations for small businesses.
Who Should Enroll?
This course is ideal for:
Small business owners and entrepreneurs.
Aspiring bookkeepers and accounting assistants.
Administrative and finance officers.
Students interested in accounting and business management.
Course Modules
1. Introduction to Book-keeping and Accounting
Overview of accounting concepts and principles
Importance of financial records in business management
2. Double-Entry System and Accounting Cycle
Understanding debits, credits, and ledgers
Recording and posting transactions
3. Journals, Ledgers, and Trial Balance
Organizing entries in journals and ledgers
Balancing accounts and detecting errors
4. Financial Statements Preparation
Income statement (profit and loss account)
Balance sheet and cash flow statement
5. Petty Cash and Bank Reconciliation
Managing small expenses and cash flow
Reconciling bank statements with company records
6. Payroll and Expense Management
Recording employee payments and deductions
Monitoring operational expenses
7. Accounting Software and Digital Tools
Introduction to QuickBooks, Excel, and other accounting systems
Using spreadsheets for financial analysis
8. Taxation and Regulatory Compliance
Understanding small business tax obligations
Basic knowledge of VAT, PAYE, and financial reporting standards
Learning Methods
Practical accounting exercises and simulations
Case studies on small business finance management
Instructor-led sessions and group discussions
Real-world bookkeeping assignments
Assessment & Certification
Continuous assessment through exercises and quizzes
Practical bookkeeping project
Final test on accounting principles and report preparation
Successful learners receive a Certificate in Book-keeping & Small Business Accounting
Career Opportunities
Graduates can work as:
Bookkeepers / Accounting Assistants
Small Business Account Managers
Finance Clerks / Administrative Officers
Cashiers or Audit Assistants
This training also provides a foundation for advancing into professional accounting certifications such as ICAN, ACCA, or CPA.
Duration & Requirements
Duration: 6 – 10 weeks
Requirements: Basic numeracy and computer skills; no prior accounting experience needed.
