Accounting Course​ Outline

Module 1: Introduction to Financial Reporting

  • Purpose of Financial Statements
  • Assets and Liabilities
  • Accounting Concepts
  • Impact of Globalisation
  • Objective of General-Purpose Financial Reporting
  • Elements of Financial Statements
  • Qualitative Characteristics of Useful Financial Information

Module 2: Inventory

  • End-of-Year Adjustments for Inventory
  • Valuation of Inventory
  • FIFO and Weighted Average Cost Methods

Module 3: Non-Current Assets

  • Depreciation
  • Non-Current Asset Disposals
  • Property, Plant and Equipment
  • Investment Property
  • Intangible Assets
  • Impairment of Assets
  • Investments

Module 4: Receivables and Allowance

  • Irrecoverable Debts
  • Allowances for Receivables
  • Accounting for Irrecoverable Debts and Receivables Allowances

Module 5: Capital Structure and Finance Cost

  • Limited Liability Companies and Sole Traders Compared
  • Share Capital and Reserves
  • Rights Issues and Bonus Issues
  • Preference Shares
  • Dividends
  • Loan Capital
  • Statement of Changes in Equity

Module 6: Preparing Basic Financial Statements

  • Preparing a Sole Trader’s Financial Statements
  • Preparing a Company’s Financial Statements
  • Taxation and Dividends
  • Events After Reporting Period

Module 7: Preparing Trial Balance

  • Trial Balance
  • Correcting Errors
  • Suspense Accounts
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Who should attend this Accounting Course?

The Accounting Training is designed for individuals who want to deepen their knowledge and skills in accounting, financial management, and related topics. This Accounting Course will benefit the following professionals:

  • Accountants
  • Finance Managers
  • Financial Analysts
  • Auditors
  • Consultants
  • Advisors
  • Financial Services Professionals

Prerequisites of the Accounting Course

There are no formal prerequisites for this Accounting Training.

Accounting Course Overview

Accounting is the systematic process of recording, analysing, and interpreting financial information of businesses and organisations. It plays a pivotal role in tracking financial transactions, managing budgets, and ensuring compliance with financial regulations. Accounting provides stakeholders, including management, investors, and government authorities, with essential insights into the financial health of an entity.

Accounting offers several key benefits. Firstly, it provides transparency and accountability by keeping a comprehensive record of financial transactions, which helps prevent fraud and mismanagement. Secondly, it aids in assessing the profitability and financial stability of a business, enabling informed strategic decisions.

The Knowledge Academy's 1-day Accounting Course is designed to equip individuals with advanced accounting skills and knowledge. Learners gain a deep understanding of financial analysis, financial statement preparation, and auditing techniques. This course offers numerous advantages, including enhanced career prospects, as graduates are highly sought after by businesses and financial institutions.

Course Objectives

  • To master financial statement analysis
  • To develop advanced auditing skills
  • To gain proficiency in accounting software
  • To enhance decision-making through data-driven insights
  • To ensure compliance with financial regulations

By achieving these objectives, learners will be well-equipped to excel in the field of accounting, with in-depth knowledge and practical skills that are highly valued by employers in today's competitive business environment.

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What’s included in this Accounting Course?

  • World-Class Training Sessions from Experienced Instructors
  • Accounting Certificate     
  • Digital Delegate Pack

You’ll also get access to the MyTKA Training Portal, which will be your go to hub for all your training.
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Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting Course Course. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

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Live classes

Join a scheduled class with a live instructor and other delegates.

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Interactive

Engage in activities, and communicate with your trainer and peers.

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Global Pool of the Best Trainers

We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Expertise

With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.

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Global Reach

With classes running in all timezones, access any of our courses and course material from anywhere, anytime.

Master Accounting Course with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.

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Structured Yet Flexible Learning

Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.

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Engaging & Interactive Training

Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from Accounting Course industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.

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Expert-Led Course

Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.

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Global Training Accessibility

Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.

Experience the most sought-after learning style with The Knowledge Academy's Accounting Course Course. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led CIPD Level 3 Foundation Certificate in People Practice Course sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Accounting Course Course at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our Accounting Course Course offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

Package deals for Accounting Course

Our training experts have compiled a range of course packages on a variety of categories in Accounting Course, to boost your career. The packages consist of the best possible qualifications with Accounting Course, and allows you to purchase multiple courses at a discounted rate.

Accounting Course FAQs

What is Accounting?

Accounting is the process of recording, summarising, analysing, and reporting financial transactions. It provides crucial insights into a business’s financial health and supports budgeting, forecasting, decision-making, regulatory compliance, and performance evaluation.

Why is Accounting important?

Accounting ensures financial transparency, helps businesses manage budgets, track expenses, and comply with legal obligations. It supports decision-making, prevents fraud, and allows stakeholders to evaluate financial performance accurately for future planning and growth.

What are the benefits of taking this Accounting Certification Course?

This Accounting Course provides practical skills in financial reporting, bookkeeping, and budgeting. It enhances career prospects, supports personal financial literacy, and helps learners meet professional standards for entry-level or advanced roles in accounting and finance.

What are the career opportunities available after completing this Accounting Course?

After completing this Accounting Course, career opportunities include Bookkeeper, Accounts Assistant, Payroll Officer, Financial Analyst, Tax Assistant, and Junior Accountant. With further experience or certification, you can progress to senior roles such as management accountant or financial controller.

Who should attend Accounting Training?

This Accounting Training is ideal for Aspiring Accountants, Finance Professionals, Business Owners, Administrative Staff, and students interested in understanding financial processes should attend. The course suits beginners and those seeking to refresh or expand their accounting knowledge.

What topics are covered in this Accounting Course?

This Accounting Course includes topics like financial statements, double-entry bookkeeping, payroll, budgeting, tax basics, auditing, accounts receivable/payable, and use of accounting software. Courses may also cover regulations, ethics, and financial analysis techniques.

What types of Accounting Training formats are available?

Accounting Training formats include online courses, virtual classrooms, in-person workshops, and blended learning. These options offer flexibility to accommodate different schedules, learning preferences, and professional or personal commitments.

What accounting software will I learn in this Accounting Course?

Accounting Course often includes training in widely used software such as Sage, QuickBooks, Xero, and Excel. These tools help automate accounting tasks, generate reports, and improve accuracy in financial management.

What certifications can be obtained through the Accounting Training?

Certifications may include CPD-accredited certificates, beginner-level bookkeeping certifications, or preparation for professional bodies like AAT, ACCA, or CIMA, depending on the course level and content.

Are there continuing education requirements for Accounting Professionals?

Yes, many accounting professionals must complete continuing professional development (CPD) hours annually to maintain membership in organisations like ACCA, AAT, or CIMA and stay updated with regulations and best practices.

What are some common challenges in Accounting Training?

Common challenges include understanding technical terminology, mastering accounting software, and applying theoretical knowledge to practical scenarios. Effective training and guided practice help overcome these difficulties.

What are the key soft skills emphasised in this Accounting Course?

The Accounting Course focuses on attention to detail, time management, analytical thinking, communication, ethical responsibility, and problem-solving. These soft skills complement technical knowledge and are vital for success in finance roles.

How do I choose the right Accounting Training Course?

Consider your career goals, experience level, learning style, and the certification offered. Choose an accredited provider with practical content, expert instruction, and relevant software training to ensure value and applicability.

Why choose The Knowledge Academy in the United Kingdom over others?

The Knowledge Academy in the United Kingdom stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking these Accounting Courses.

What are the other resources provided by The Knowledge Academy?

The Knowledge Academy in the United Kingdom offers learning and professional development resources, including course materials, expert-led training sessions, and more. We provide insightful Blogs and News updates, keeping delegates well-informed about trends and valuable tips. Explore The Knowledge Academy’s Resources to learn more.

What is the cost/training fees for Accounting Course in the United Kingdom?

The training fees for Accounting Coursein the United Kingdom starts from £995

Which is the best training institute/provider of Accounting Course in the United Kingdom?

The Knowledge Academy is the Leading global training provider for Accounting Course.

What are the best Accounting Courses courses in the United Kingdom?

Please see our Accounting Courses courses available in the United Kingdom

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