An Introduction to Accounting Principles and Concepts for Non-Accountants | 2 CPD Points | FPI240910139
Develop a sound understanding of accounting basics: equations, transactions, VAT, recording & the trial balance
Course Fee:
R225
Publisher:
LearnHUB, Regent Business School
Duration
2 Hours or Self-Paced
Course Mode
Fully Online
Course Format
Interactive & Video Based Learning
Learning Outcomes:
By the end of this course, you should be able to:
- Develop an understanding of how the accounting equation operates, understanding its role in maintaining the balance between assets, liabilities, and equity in financial transactions.
- Demonstrate the ability to apply the accounting equation to a range of business scenarios, effectively analysing and recording transactions to ensure accuracy and consistency in financial reporting.
- Understand the role and implications of Value-Added Tax (VAT) in business operations, identifying its impact on financial transactions and compliance requirements within the broader context of taxation.
- Acquire practical skills in recording daily business transactions using fundamental accounting procedures, including journal entries and ledger postings, ensuring the accurate and systematic documentation of financial activities.
- Demonstrate proficiency in constructing and maintaining general ledger accounts and preparing trial balance statements, utilising accounting principles and techniques to verify the accuracy and completeness of financial records.
Meet our Expert Instructors
This course was crafted by our dedicated full-time lecturers. With extensive experience in both professional practice and education, our instructors excel at cultivating talent and maximising student potential.
Professor Osman Seedat
Senior Academic at Regent Business School
Professor Osman Seedat has been instrumental in shaping business, finance, and accounting programs at Regent Business School. His contributions include the development and refinement of curriculum content, designed to address contemporary challenges in these fields. He has worked to integrate key topics like sustainability, governance, and entrepreneurship, ensuring that students are equipped with both theoretical knowledge and practical skills. Professor Seedat’s influence extends to ensuring that courses prepare students for the evolving landscape of global business, with an emphasis on finance and accounting principles that are grounded in real-world applications.
Certificate of Completion
At LearnHUB, we believe in recognising your achievements every step of the way.
That’s why you will achieve a certificate for every course that you successfully complete.
Skill Set Development
- Financial literacy
- Basic accounting principles
- Analytical skills
- Data interpretation
- Budgeting techniques
- Reporting standards
- Decision-making skills
Frequently Asked Questions
In this course, you will learn the fundamental principles and concepts of accounting, including the basic accounting cycle, financial statements, and key terminology. The course emphasizes understanding how financial information is recorded, processed, and reported, enabling you to interpret financial data effectively.
No specific prerequisites are required. This course is designed for individuals with no prior accounting experience who wish to gain a foundational understanding of accounting concepts. A general familiarity with basic math will be helpful but is not mandatory.
Upon successful completion of the course, you will receive a Certificate of Completion in Introduction to Accounting Principles. This certification can enhance your resume by demonstrating your understanding of accounting concepts, which is valuable for roles in business management, finance, and administration.
Contact Us
Have any queries?
Feel free to reach out if you have any questions