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accouting & bookkeeping essentials

Accounting & Bookkeeping Essentials (Virtual – 6 Weeks)
Format: Online | Duration: 6 Weeks | Sessions: 2 hours per week

Course Overview:
This foundational course introduces learners to the principles and practices of accounting and bookkeeping in a practical, easy-to-understand format. Over six weeks, participants will explore how to record, organize, and interpret financial transactions using both manual and digital tools. Topics include the accounting cycle, journal entries, reconciliation, financial statement preparation, and the use of accounting software. Designed for newcomers, aspiring entrepreneurs, or professionals seeking financial literacy, this course supports confident, accurate recordkeeping for personal, small business, or workplace use.

Learning Objectives:
By the end of the course, participants will be able to:

  • Understand Accounting Fundamentals

    • Explain basic accounting concepts, terms, and the accounting cycle

    • Classify financial data into assets, liabilities, equity, income, and expenses

  • Perform Core Bookkeeping Tasks

    • Record day-to-day financial transactions using journals and ledgers

    • Reconcile accounts and prepare trial balances

  • Prepare and Interpret Financial Statements

    • Create and analyze income statements, balance sheets, and cash flow reports

    • Use financial data to support budgeting and decision-making

  • Apply Practical Accounting Tools

    • Use spreadsheets or accounting software for data entry and reporting

    • Understand common tools used in small business bookkeeping

  • Ensure Accuracy and Compliance

    • Identify common errors and understand correction procedures

    • Understand basic financial compliance and reporting timelines

  • Communicate Financial Information Effectively

    • Summarize financial data for clients or internal stakeholders

    • Gain confidence in managing financial records independently

Weekly Syllabus:
Week 1: Introduction to Accounting & Bookkeeping

  • What is accounting vs. bookkeeping?

  • Purpose of financial records in business and life

  • The accounting equation: Assets = Liabilities + Equity

  • Overview of the double-entry system

Week 2: The Accounting Cycle & Financial Categories

  • Stages of the accounting cycle

  • Types of accounts and how they function

  • Introduction to debits, credits, and the chart of accounts

  • Practice classifying transactions

Week 3: Recording Transactions

  • Recording transactions in journals and posting to ledgers

  • Understanding general ledger format and structure

  • Common recording errors and how to avoid them

  • Hands-on transaction recording exercises

Week 4: Reconciliation & Trial Balances

  • Bank reconciliation: purpose and steps

  • Adjusting entries and error correction

  • Preparing a trial balance

  • Troubleshooting imbalances

Week 5: Financial Statements & Compliance

  • Key financial statements: Income Statement, Balance Sheet, Cash Flow

  • How to read and interpret reports

  • Introduction to compliance, tax basics, and financial periods

  • Using financial data for business planning

Week 6: Tools, Software & Final Application

  • Introduction to accounting tools (Excel, QuickBooks, Wave)

  • Setting up a simple bookkeeping system

  • Final project: case study or simulation

  • Wrap-up, review, and next steps for continued learning

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This material is the intellectual property of TriVantage Learning Academy. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the copyright owner.  

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