Module 1 - The Ledger: the Main Book of Account                      

• The functions of accounting: recording, analysing, presenting 
• Bookkeeping and accounting terminology
• The ledger and ledger accounts 
• Double-entry bookkeeping, posting and entries, balancing accounts

Module 2 - Accounting for Cash

• Cash, the cash book: entries and posting 
• Deposits into the bank and withdrawals 
• The 4-column cash book 
• Bank accounts, bank statements, reconciliations, bank services

Module 3 - Original Entries and Subsidiary Books                        

• Source documents, cash sales, credit sales, cash purchases, credit purchases 
• The sales book and sales account 
• The purchases book and purchases account  
• The returns inwards book, the returns outwards book

Module 4 - From Opening Entries to Trial Balance                                         

• Opening a set of books for an established business 
• Ascertaining the values of assets, liabilities, capital, equity 
• Journal opening entries and opening the new books of account 
• The trial balance: purpose, errors, limitations

Module 5 - Preparing for the Final Accounts

• Stocktaking and stock valuation; work in progress 
• Adjustments necessary, journal entries for adjustments 
• Bad debts, provisions for bad and doubtful debts 
• Depreciation

Module 6 - Manufacturing and Trading Accounts

• Going concerns, consistency in presentation and content, users 
• Gross profit, prime cost, turnover and ratios 
• Journal closing entries 
• Trading accounts examined

Module 7 - Profit & Loss Accounts      

• Purpose of the profit & loss account; net profit and net loss 
• A profit & loss account analysed; comparative figures and ratios
• Business partnerships, capital, current accounts, drawings, salaries, appropriation accounts 
• Limited liability companies, shares and shareholders
• Board of Directors, duties

Module 8 - Balance Sheets             

• Why and how balance sheets are produced, information they contain 
• Balance sheets for sole-traders, partnership firms, limited companies 
• Gross profit: direct expenditure, overheads, analysis   
• Accounting ratios: purposes, formulae, meanings

Module 9 - Accounting for Goodwill and Discounts   

• Goodwill as an asset: how it arises, valuation, bookkeeping treatment   
• Trade discount, quantity discount is offered 
• Cash discount, regular custom discount, prompt payment discount 
• Discounts allowed and/or received  

Module 10 - Accounting for Credit  

• Bank and other loans, loan repayments and interest payments 
• Bank overdrafts, reconciliations, dishonour of cheques 
• Hire purchase, hire purchase sales and purchases, hire purchase agreements 
• Bills of exchange, foreign currencies, exchange rates, import and export 
• Deposit and savings accounts

Module 11 - Basic Cost Accounting; Departmental and Branch Accounts       

• Principles of costing, terminology 
• Costing systems, allocation of overheads, standard costing, variances 
• Departmental accounting, apportionment of expenses 
• Centralised branch accounting and self-accounting branches 
• Branch and head office accounts; consolidated profit & loss account and balance sheet

Module 12 - Computers in Bookkeeping and Accounting    

• Advantages and characteristics of computers, limitations 
• Business accounting applications, manual and computerised accounts operations 
• Computers: input, storage, processing, output, hardware, software, programs, databases 
• Converting from manual to computerised systems; accounting packages, parallel run, going live

WHAT IS INCLUDED IN THE MODEST CIC FEE

 Your CIC Fee includes:-

• Your enrolment/registration with Cambridge International College, and your own high-quality, professionally produced and illustrated comprehensive International CIC Study & Training Publications.
• A detailed, professional ‘Study & Training Guide’ with full instructions on how to study to achieve success and gain top results.  The Guide includes detailed advice on how to answer Self-Assessment Tests, Training Tests and Examinations.
• Self-Assessment Tests and Recommended Answers for them, and a Progress Chart.
• Two Progress/Training Tests (which can be used as ‘Past Papers/Questions’) with an optional Tutorial Support Service.
• The Final Examination** sat under Invigilation/Supervision in your own area - full details, guidance and explanation of how your Examination will be arranged and how Invigilation is conducted will be provided when you register.  Note, CIC arranges Examinations in over a hundred countries worldwide for thousands of Members every year; it is a flexible, straightforward process and will be arranged when YOU are ready to write your Examination.  **An Assignment Option is available instead of an Exam for the ‘Covid-19’ (Corona) virus period.  
• The prestigious Cambridge International College Diploma on successful completion of your Study & Training and on passing the Final Examination.
• Your personal page on CIC’s Member Services website with access to results, despatch details, advice and guidance, and more: www.cambridgeinternationalcollege.co.uk
• Regular information and news including: Newsletters with details of special offers and new Programs and much more; and Competition Forms; by email and post.

Everything needed for your Study & Training success is included in the CIC Fee.

Additionally:

• Further Study and Training Advice, and Assistance is available before, during and after CIC Study & Training; Members may ask CIC’s team of experienced Consultants for advice on further study and Programmes to improve career prospects and advancement. 
• CIC’s experienced and helpful staff can assist with numerous special requests, such as reference/recommendation letters and transcripts, and more, by post and

• Accounting & Finance in Business & Management Diploma 12 months (flexible)
• Cost Accounting Diploma 12 months (flexible)
• Credit Management & Control Diploma 12 months (flexible)
• Financial Management Diploma 12 months (flexible)

Bookkeeping and accounting is an excellent foundation for anybody getting on to the employment ladder; it opens the door to many job opportunities in a huge variety of enterprises, and provides knowledge which is essential for anybody wishing to become a manager, executive or business-owner.  Every successful organisation has at least one person with bookkeeping and accounting knowledge and ability, and larger organisations often employ many hundreds of accounts personnel; whatever the size of the organisation, good bookkeepers are valued and well paid. 

This course is a great step in achieving career success and access to higher studies if needed, in accounting and other managerial fields as well.

There is a wide range of options for further study - see the "Related Courses" section for suggestions - which include Honours Diplomas, ABA & Baccalaureate Programmes, and the 'Double Award' EBA & BBA Bachelor degree Programme.  You are welcome to ask the College for advice, and of course you can see details of these Programmes on this website.