Demonstrate an understanding of basic accounting practice

Course templates

Demonstrate an understanding of basic accounting practice

Demonstrate an understanding of basic accounting practice

Description

PURPOSE OF THE UNIT STANDARD 

 

A candidate credited with this general competence will be able to: demonstrate an understanding of basic accounting skills. 


Course Content

  • no activity
  • FileExplain the cycle of recording transactions and relevant terminology
  • URLRecording transactions and relevant terminology
  • FileUnderstanding source documents
  • URLUnderstanding source documents
  • FileExplain the purpose of each subsidiary journal
  • URLPurpose of each subsidiary journal
  • FilePrepare subsidiary journals
  • URLSubsidiary journal
  • FilePost subsidiary journals to the general ledger
  • URLPost subsidiary journals to the general ledger
  • FilePrepare the final statements
  • URLPrepare the final statements
  • FileLearner Assessment
  • no activity