Basic English Language Comprehension Proficiency of CEFR A2 Level

Recording every financial transaction a business makes is called bookkeeping. Every financial transaction conducted during normal business operations must be noted, categorised, and organised by bookkeepers. Accounting is different from bookkeeping. The bookkeeper's records are used by the accounting process to create the year-end accounting statements and accounts. Very small firms could opt for a straightforward bookkeeping setup that records each financial transaction just like a chequebook would. Usually, businesses with more complicated financial transactions choose for the double-entry accounting method. Do you know what are the basic bookkeeping concepts and definitions that you should know? Hesitate that bookkeeping is hard? Are you worried if your flow of bookkeeping are wrong? Or you're willing to learn but you have no proper guidance to follow through?

At the end of this session, you will be able to: 1. Summarise the business transaction on daily, monthly and yearly activity into reports that shows how the business is doing. 2. Provide strategic advice financially 3. Perform wider tasks such as invoicing, paying bills, preparing tax returns and monitoring key performance indicators (KPI).