Master the basics of bookkeeping and accounting with the Fundamentals course. Learn double-entry principles, financial recording, and account management. Ideal for beginners and professionals seeking practical skills to manage finances accurately and ensure compliance with confidence.

The Fundamentals of Bookkeeping and Accounting course is designed for individuals who are new to Microsoft Excel and want to establish a solid foundation in using this spreadsheet software.

By the end of this course, participants will be proficient in applying transactional accounting principles to accurately record financial events. The key learning outcomes include:

• Double-Entry Accounting: Learners will master recording double-entry transactions, including debit and credit entries for sales, purchases, receivables, payables, and cash transactions.
• Inventory, Accruals, and Prepayments: Participants will learn to record inventories, accruals, and prepayments, ensuring these are accurately reflected in sales, purchases, receivables, payables, and cash transactions.
• Cash Flow Statements: Learners will be able to prepare basic cash flow statements, detailing all incoming and outgoing cash transactions for reporting to internal stakeholders.
• Financial Reporting Guidelines: Participants will gain an understanding of the guidelines within the Singapore financial reporting regulatory framework and learn to interpret these effectively.