Professional Diploma In Accounting & Bookkeeping Essentials

Master real-world accounting & bookkeeping skills to manage business finances with confidence—no experience needed.

What you'll learn

Understand the fundamentals of accounting and bookkeeping

Learn how to record and organize financial transactions step by step

Understand how the accounting equation and double-entry system really work

Master how to read and prepare balance sheets, income statements, and cash flow reports

Discover how to manage invoices, bills, payroll, and taxes with accuracy

Learn how to use tools like QuickBooks or Xero to streamline your bookkeeping

Avoid common mistakes and keep your records clean, clear, and audit-ready

Gain confidence to handle real-world bookkeeping or start your own small business system

Requirements

No prior accounting or bookkeeping experience needed

Willingness to learn, stay organized, and apply practical steps

A basic understanding of business concepts is helpful but not required

Description

Want to take control of your business finances? Thinking about becoming a bookkeeper? Or simply tired of feeling lost when it comes to numbers?The Professional Diploma in Accounting & Bookkeeping Essentials is your complete, step-by-step guide to understanding how money really moves in business—without the confusing jargon or outdated theories.This practical course is designed for beginners, small business owners, admin professionals, and aspiring bookkeepers who want to learn real-world accounting skills. You’ll get a solid foundation in everything from recording transactions and creating financial reports to using popular tools like QuickBooks, reconciling bank statements, managing payroll, and staying tax compliant.You’ll learn how to:Understand the accounting equation and double-entry bookkeepingRecord transactions with accuracy and confidenceCreate and read balance sheets, income statements, and cash flow reportsUse accounting software like QuickBooks, Xero, or WaveSet up a simple bookkeeping system for any type of businessTrack invoices, bills, payroll, and taxes the right wayStay organized with monthly, quarterly, and year-end checklistsAvoid common bookkeeping mistakes and stay audit-readyUnderstand VAT, GST, and financial compliance responsibilitiesLaunch your career or support your business with professional-level bookkeepingThis course focuses on practical skills, not theory. Everything is broken down in simple terms with examples, tips, and templates you can use immediately.By the end of the course, you’ll have the confidence to manage your own books or even help others with theirs—whether you're running a business, starting a freelance service, or preparing for a finance role.No previous experience is required. Just bring your motivation—and we’ll guide you the rest of the way.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 What Is Accounting? What Is Bookkeeping?

Lecture 3 The Role of Accounting in Business Success

Lecture 4 Key Accounting Terminology – Understand the Language of Finance

Section 2: Core Accounting Principles & Concepts

Lecture 5 The Accounting Equation – Assets = Liabilities + Equity

Lecture 6 Accrual vs. Cash Accounting – What’s the Difference?

Lecture 7 Understanding Debits and Credits – Made Simple

Lecture 8 The Double-Entry System – Why It’s the Backbone of Accounting

Section 3: Essential Bookkeeping Skills

Lecture 9 Chart of Accounts – Organizing Your Finances

Lecture 10 Recording Transactions – Journals & Ledgers Explained

Lecture 11 Posting to the General Ledger – Step-by-Step

Lecture 12 Trial Balance – What It Is and Why It Matters

Section 4: Financial Statements & Reporting

Lecture 13 The Balance Sheet – What Your Business Owns and Owes

Lecture 14 Income Statement – Tracking Revenue and Expenses

Lecture 15 Cash Flow Statement – Managing Inflows and Outflows

Lecture 16 How to Read and Interpret Financial Statements

Section 5: Tools, Systems & Real-World Applications

Lecture 17 Accounting Software 101 – QuickBooks, Xero, and More

Lecture 18 How to Set Up a Simple Bookkeeping System

Lecture 19 Reconciling Bank Statements – Detecting Errors Early

Lecture 20 Managing Accounts Receivable and Accounts Payable

Section 6: Taxes, Compliance & Best Practices

Lecture 21 Basics of Business Taxation & VAT/GST

Lecture 22 Payroll Accounting – Wages, Taxes & Deductions

Lecture 23 Financial Compliance – What Every Bookkeeper Should Know

Lecture 24 Bookkeeping Tips to Stay Organized & Error-Free

Section 7: Career Skills, Templates & Final Takeaways

Lecture 25 Monthly, Quarterly, and Year-End Bookkeeping Checklists

Lecture 26 Real-Life Scenarios: How to Handle Common Accounting Issues

Lecture 27 Mistakes to Avoid in Small Business Accounting

Lecture 28 From Bookkeeper to Accountant – Career Growth Tips

Lecture 29 Final Review – Bringing It All Together

Lecture 30 Congratulations – You’re Ready to Apply What You’ve Learned

Small business owners who want to manage their own finances,Aspiring bookkeepers or accounting assistants starting from scratch,Freelancers and self-employed professionals who need simple bookkeeping skills,Admin or office staff looking to add valuable financial knowledge,Anyone who wants to understand accounting without complicated jargon