Finance and Accounting Level 1 & 2

The Finance and Accounting Level 1 & 2 course is designed to provide learners with an in-depth understanding of the financial sector and accounting procedures, ideal for aspiring accountants, bookkeepers and small business owners. It covers the essentials of managing financial accounts, from how to prepare an income statement to managing expenses, assets and liabilities.

What is the difference between accounts receivable and accounts payable? How do you read a balance sheet? All these questions and more will be answered in this introductory online training course. You will also familiarise with industry accounting terms and everyday financial sector jargon, developing the specialist skills required for effective financial management.

Highlights of the Finance and Accounting Level 1 & 2:

Deepen your understanding of the financial sector and the role of an accountant Understand what should be included in the balance sheet and what it is used for Identify the types of trial balances and learn how to prepare one for accounting Know how to prepare an income statement and what should be included in it Learn about the difference between expenses, assets and liabilities Get to grips with common accounting terms and financial sector jargon Fast track your career with an accredited qualification to add credentials to your CV Understand accounts receivable and accounts payable, and how to handle them

Course Curriculum

Module : 01

Chris Moore – Accounting for Beginners Promo Chris Moore – 1. Introduction Chris Moore – 2. First Transactions Chris Moore – 3. T Accounts introduction Chris Moore – 4. T-Accounts conclusion Chris Moore – 5. Trial Balance Chris Moore – 6. Income Statement Chris Moore – 7. Balance Sheet

Module : 02

Chris Moore – 8. Balance Sheet Variations Chris Moore – 9. Accounts in practise Chris Moore – 10. Balance Sheets what are they Chris Moore – 11. Balance Sheet Level 2 Chris Moore – 12. Income Statement Introduction Chris Moore – 13. Are they Expenses, or Assets Chris Moore – 14. Accounting Jargon

Module : 03

Chris Moore – 15. Accruals Accounting is Fundemental Chris Moore – 16. Trial Balance 3 days ago More Chris Moore – 17. Fixed Assets and how it is shown in the Income Statement Chris Moore – 18. Stock movements and how this affects the financials Chris Moore – 19. Accounts Receivable Chris Moore – 20. How to calculate the Return on Capital Employed Chris Moore – 21. Transfer Pricing – International Rules

Handout – Finance and Accounting Level 1 & 2 Assessment

Upon successful completion, you will qualify for the UK and internationally-recognised certificate and you can choose to make your achievement formal by obtaining your PDF Certificate at a cost of £9 and Hardcopy Certificate for £15.

This course is ideal for anyone looking to start a career in the financial sector, particularly aspiring accountants and financial advisors. This is an entry-level training program, ideal for those just starting out in their career and small business owners. To provide you with ease of access, this course is designed for both part-time and full-time students. You can become accredited in just 20/30 hours, with the freedom to study at your own pace.

The Finance and Accounting Level 1 & 2 is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16.

On successful completion, you will receive a recognised certificate of achievement, which you can use to add credentials to your CV and fast track your career in the following professions:

• Chartered Accountant (average annual salary of £30,000 in the UK)
• Bookkeeper (average annual salary of £27,000 in the UK)
• Financial Advisor (average annual salary of £66,133 in the UK)
• Accounts Assistant (average annual salary of £24,021 in the UK)