ACCA Bookkeeping Fundamentals

This module covers the various types of business transactions and the documentation associated with them. Students will learn to identify and categorize different business transactions and understand the importance of proper documentation in bookkeeping.

This module introduces the concept of duality in transactions and the double entry bookkeeping system. Students will learn how every transaction affects at least two accounts and how to record transactions using the double entry method.

This module focuses on banking processes and transactions in bookkeeping. Students will learn about different types of bank transactions, how to record them, and understand the importance of bank reconciliation in maintaining accurate financial records.

This module covers the basics of payroll accounting. Students will learn about the components of payroll, how to calculate employee wages and deductions, and how to record payroll transactions in the bookkeeping system.

This module focuses on ledger accounts, which are the backbone of the bookkeeping system. Students will learn how to create, maintain, and use various ledger accounts to track different types of financial transactions and balances.

This module covers credit transactions related to sales and purchases. Students will learn how to record credit sales and purchases, manage accounts receivable and payable, and understand the impact of credit transactions on cash flow.

This module focuses on the reconciliation process in bookkeeping. Students will learn how to compare and match financial records from different sources, identify discrepancies, and make necessary adjustments to ensure accuracy in financial reporting.

This module covers the creation and use of a trial balance in bookkeeping. Students will learn how to prepare a trial balance, understand its purpose in detecting errors, and use it as a basis for creating financial statements.