Accounting for Non-Accountants – Level 1 – Online Course – CPDUK Accredited

Course content

This online Accounting for Non-Accountants training course covers the following:

• Introduction
• Chapter 1 – Capital, assets and liabilities
• Chapter 2 – Income and expenses
• Chapter 3 – How can business transactions be classified?
• Chapter 4 – Principles of bookkeeping
• Chapter 5 – Accounting system
• Chapter 6 – Module summary.

Who is the course for?

This Accounting for Non-Accountants eLearning course is suitable for all health and social care workers, including:

• Learners new to accounting and want to be part of or explore the world of accounting.
• Business owners.
• Learners wishing to do the program as part of their CPD.
• Non-accounting managers.

Course aims

The aims of this online Accounting for Non-Accountants training course are to develop in the learner:

• Allow learners to understand basic financial statements.
• Enable learners to gain confidence to hold a conversation with a person of an accounting background.
• Give learners the option for a possible career choice in accounting and finance.

Learning objectives

On completion of this Accounting for Non-Accountants e-learning course, the learner will be able to:

• Explain key accounting terms like capital, assets, liabilities, income and expenses.
• Identify the difference between cash and credit transactions.
• Explain double-entry bookkeeping and the related concepts.
• Identify the dual effect of different business transactions.
• Introduce invoices, credit notes, remittance advice notes and petty cash vouchers.
• Use the ledger for basic accounting.
• Interpret a  basic Statement of Financial position and Income Statement.
• Explain  the purpose of a financial statement.

Learning outcomes

On completion of this Accounting for Non-Accountants e-learning course, the learner will be able to:

• Define the term accounting.
• Explain key accounting terminology namely: ledger, trial balance, statement of entry, assets, liabilities, income and expenses.
• Apply basic accounting concepts.
• Outline the five stages of accounting.
• State how the items in the Statement of Financial Position and income statement link.
• Apply the rules of trial balance to a scenario.

 Why is this online Accounting for Non-Accountants training course essential?

This online Accounting for Non-Accountants training course offers students the necessary information required to manage your business better or begin a career in the financial industry. This Accounting for Non-Accountants eLearning course gives the learner a basic understanding of Accounting. After the program learner could progress onto Finance for non-Finance Managers and Certificate in Accounting.