LCCI Book-Keeping Elementary
Course
Overview
The aims of the examination are to test the candidate's:
1. Understanding of the basic principles underlying the recording of business transactions
2. Ability to maintain the books of, and prepare final accounts for, sole traders and
non-trading organisations
Course Outline
1. The Accounting Equation and the basis of double-entry book-keeping
2. Recording transactions through double entry
3. Balancing accounts
4. Purchases/Sales/Returns
5. The Ledger: its subdivision
6. Day Books
7. Bank facilities/methods of payment or receipt of money
8. Cash Book and cash discount
9. Bank reconciliation
10. Petty Cash Book and the Imprest System
11. Trial Balance
12. Adjusting for accruals and prepayments
13. Depreciation of fixed assets
14. Bad debts and provision for doubtful debts
15. The Journal
16. Capital and revenue expenditure
17. Errors in the accounts
18. Effect of Profit (or Loss) and drawings upon capital
19. Trading and Profit and Loss Accounts
20. The Balance Sheet
21. Club and Society Accounts
Course Fees
$394.50 ( inclusive of $20.00 registration fee and 7% GST )
Course Materials
LCCI - How to Pass Book-Keeping Elementary book ($32.00 per copy)
Course Duration
50 hours (2.5 hours per session)
