• To introduce the basic principles, concepts, and purposes of accounting in business contexts.
• To develop understanding of books of prime entry such as journals, cash books, and daybooks.
• To explain the structure and purpose of ledgers and the process of maintaining accurate records.
• To demonstrate how to prepare and interpret a trial balance for accuracy and correction.
• To guide learners through the preparation of essential financial statements including income statements and balance sheets.
• To instill accuracy, consistency, and ethical standards in the practice of bookkeeping and financial recording.

M-1: Introduction to Accounting

M-2: Books of Prime Entry

M-3: Ledgers and Trial Balance

M-4: Preparation of Financial Statements

Upon successful completion of this course, learners will be able to:

• Describe the fundamental principles and terminology of accounting and bookkeeping.
• Record financial transactions using books of prime entry such as sales, purchases, and cash books.
• Post entries to the ledger accounts and construct a trial balance to check for arithmetic accuracy.
• Identify and correct errors in basic bookkeeping processes.
• Prepare simple financial statements (Income Statement and Balance Sheet) for small businesses or departments.
• Apply basic accounting practices in a professional and ethical manner in real-world financial settings.

This program is offered by the World Academy for Research & Development.

Features:
Duration: The Program offers self-paced completion with no set deadlines.
Short Video Materials: Yes
Mode of Learning: Self-Paced

Assignment:

• Total Assignments: 01
• 01 Capstone Projects
  • Total Marks: 100
  • Pass Mark: 50%

Exam Method:

• Number of Exams: 01
• Number of Questions: 20 MCQ Questions
• Duration: 30 Minutes
• Total Marks: 100 
• Pass Mark: 50%

• 04 Practical Focus Module
• Post Completion:
  • Electronic Certificate

• Bookkeeping Fundamentals
  • Ability to record and classify transactions using primary accounting records.
• Ledger and Trial Balance Management
  • Competence in posting to ledgers, balancing accounts, and preparing trial balances.
• Financial Statement Preparation
  • Skill in compiling basic financial statements from raw accounting data.
• Transaction Accuracy & Reconciliation
  • Capability to detect and correct errors, ensuring clean and accurate financial records.
• Professional Financial Conduct
  • Understanding of ethical accounting practices and organizational accountability.
• Practical Financial Application
  • Confidence in applying accounting procedures in support roles within finance departments or small enterprises.