Course Title: Introduction to Basic Bookkeeping

Course Code: FIN12

Course Description:

The first module of the short course provides delegates with a basic understanding of

bookkeeping and bookkeeping principles and terminology and the effect of transactions

on the accounting equation, recording of transactions in the subsidiary journals, posting

to the ledger, drawing up of the trial balance.

The second module of the short course provides delegates with information and

understanding of the bank recondiliation statement, reconciling the debtors listing with

the debtors control account and reconciling the creditors listing with the creditors control

account.

The third module of the short course provides delegates with information and

understanding of the inventory systems and the inventory methods widely used in

practice.

The course offers delegates the opportunity to practice the application of bookkeeping

methods during tutorial sessions facilitated by academics from the Department of

Accounting at the end of each day of lecturing.

Who should attend?

Individuals with no or limited background of bookkeeping who require an elementary

knowledge of bookkeeping, such as prospective students, teachers, employees of small

entities, employees of SARS and the Auditor-General as well as employees of clients of

SAICA.

How attendees will benefit?

After completion of the programme, delegates will be able to:

understand the nature and function of bookkeeping;

understand the effect of transactions on the accounting equation;

understand basic VAT and apply it in practical situations;

process accounting data in subsidiary journals and ledgers;

prepare a trial balance;

reconcile the debtors control account with the debtors ledger;

reconcile the creditors control account with the creditors ledger;

complete a bank reconciliation statement and reconcile the bank account

with the balance on the final bank statement;

understand the difference between the perpetual inventory system and the

periodic inventory system;

calculate the closing inventory when the FIFO, weighted average or retail

method is used.

Course Content:

Bookkeeping principles and terminology

Accounting of transactions

Reconciliation of the debtors and creditors control

Bank reconciliation statement

Inventory systems and inventory methods

Course Period:

From 5 to 10 days.

Course Style:

Lecture or One-to-One training style.

In house training.

Group Training.

Practical Training.

Remember:

We provide this course in any place and at any time suitable for you.

This course is provided in VIP or standard forms. For more information

contact BATD team.