Keep the books for a month
Record a month of transactions for an imaginary shop and produce a trial balance that balances.
Record, report and explain the money side of a business so people can trust the numbers and plan ahead.
You have reached the end of the beginner stages. Prove what you learned with a project.
You have reached the end of the intermediate stages. Prove what you learned with a project.
You have reached the end of the advanced stages. Prove what you learned with a project.
Record a month of transactions for an imaginary shop and produce a trial balance that balances.
From the same trial balance, prepare an income statement, balance sheet and simple cash flow.
Set up a free trial company, import bank transactions and reconcile them.
Build a monthly budget and cash flow forecast for a small business in a spreadsheet.
Analyse a listed company's annual report with ratios and write a one-page summary.
Map how a small business pays suppliers, spot the risks and recommend controls.
The same roadmap as a reading list: every stage, what each topic covers, and which ones are optional.
The accounting equation, debits and credits, and why every transaction touches two accounts.
Record transactions, post them to accounts and check that the books balance.
Formulas, lookups, pivot tables and tidy layouts that others can check.
How companies are organised, make money and are financed.
Income statement, balance sheet and cash flow statement, and how they connect.
Record income and costs in the right period and value assets fairly.
The rules for preparing accounts. IFRS is used in most countries; some use their own national standards.
Find the story in a real company's accounts and notes.
Record sales, purchases and bank transactions in a cloud accounting package.
A widely used alternative, especially for small businesses.
Chase what customers owe, pay suppliers on time and match the books to the bank.
Salaries, deductions, sales tax or VAT and filing deadlines. The rules depend on your country.
Work out what things really cost and plan the year in numbers.
Margins, liquidity and return ratios that show how healthy a business is.
Predict cash in and out so the business never runs short.
Turn monthly figures into reports managers can explore themselves.
Checks and approvals that prevent errors and fraud.
How auditors test accounts, gather evidence and give an opinion.
Integrity, objectivity and confidentiality, and what to do under pressure.
Common fraud schemes and the warning signs to watch for.
ACCA, CPA, CIMA, chartered or national qualifications. Choose the one employers in your country recognise.
Large accounting systems that connect finance with sales, stock and payroll.
Investment decisions, valuation and the cost of money over time.
New standards for reporting climate and other sustainability information.
They record financial transactions, prepare accounts and tax returns, check that rules are followed and help managers understand and plan their finances.
You can start as a bookkeeper or accounts assistant without one. Senior and chartered roles usually need a recognised qualification such as ACCA, CPA or a national equivalent.
They automate routine entry, but businesses still need people who understand the numbers, judge unusual cases and give advice. Learn the tools and focus on analysis.
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