Introduction to Bookkeeping

Course map

This document outlines the course structure

Introduction and course orientation

Lesson 1: Welcome Lesson 3: How do I study this course?

Unit 1: Welcome to ACCA-X Unit 1: How to use edX
Unit 2: Study tips Unit 2: Features and activities
Unit 3: Course structure
Lesson 2: Getting your diploma Unit 4: Using the discussion forums
Unit 1: About the course Unit 5: Staying safe online
Unit 2: ACCA Qualification Unit 6: problems?
Unit 3: Prior knowledge
INTRODUCTION TO BOOKKEEPING
COURSE MAP

Section 1
Introduction to bookkeeping and sales on credit

Welcome Lesson 3: Books of prime entry – sales day book and sales
returns day book
Lesson 1: Introduction to business and recording Unit 1: Introduction to books of prime entry and the sales
transactions day book
Unit 1: The bigger picture Unit 2: Entering sales invoices with settlement discounts in
Unit 2: Introduction to sales and purchases the sales day book
Unit 3: Introduction to financial documents Unit 3: Sales returns day book
Unit 4: Assets Summary
Unit 5: Liabilities and capital Apply your learning
Unit 6: Income and expenditure
Unit 7: Document retention, computerised systems and risks Section summary
to data
Additional material
Summary
Apply your learning Section 1 optional exam questions
Lesson 2: Introduction to sales on credit Section 1 graded exam questions
Unit 1: Introduction to invoicing and sales tax
Unit 2: How to calculate sales tax Section 1 further optional exam questions
Unit 3: Sales invoices and trade discounts
Unit 4: How to prepare a sales invoice with settlement
discount
Unit 5: How to prepare a credit note
Unit 6: Customer account statements
Unit 7: Coding
Summary
Apply your learning
INTRODUCTION TO BOOKKEEPING
COURSE MAP

Section 2
Books of prime entry and making and receiving payments

Welcome Lesson 3: Cash book

Unit 1: Cash books
Lesson 1: Books of prime entry – Purchase day books Unit 2: Three column cash book
and purchase returns day books Unit 3: Analysed column cash book
Unit 1: Introduction to purchase invoices Summary
Unit 2: Coding purchase invoices and credit notes received Apply your learning
Unit 3: Purchase day book
Unit 4: Purchase returns day book and credit notes Section summary
Summary
Additional material
Apply your learning
Section 2 optional exam questions
Lesson 2: Banking – Receiving and making payments
Unit 2: Payment methods – Cash Section 2 graded exam questions
Unit 3: Payment methods – Cheques
Unit 4: Payment methods – EFTPOS Section 2 further optional exam questions
Unit 5: Direct debit, standing order and BACS
Unit 6: Checking payments received from customers
Unit 7: Supplier reconciliation statements
Unit 8: Prepare a remittance advice
Summary
Apply your learning
INTRODUCTION TO BOOKKEEPING
COURSE MAP

Section 3
The cash book and introduction to double entry

Welcome Lesson 3: Accounting for payables

Unit 1: Accounting for payables – Purchases
Lesson 1: Introduction to double entry Unit 2: Accounting for purchase returns
Unit 1: Introduction to double-entry bookkeeping Unit 3: Accounting for making payments
Unit 2: Double entry and T-accounts Unit 4: Accounting for making payments and recording
Unit 3: Introduction to the general ledger settlement discounts
Unit 4: Double-entry practice Unit 5: Balancing and closing off ledger accounts
Unit 5: Transferring from a three column cash book Summary
Unit 6: Transferring from an analysed column cash book – Apply your learning
Receipts
Unit 7: Transferring from an analysed column cash book – Section summary
Payments side
Additional material
Summary
Apply your learning Section 3 optional exam questions
Lesson 2: Accounting for receivables Section 3 graded exam questions
Unit 1: Memorandum ledgers
Unit 2: Accounting for receivables Section 3 further optional exam questions
Unit 3: Accounting for sales returns
Unit 4: Accounting for receiving payments
Unit 5: Accounting for receiving payments with settlement
discounts
Unit 6: Irrecoverable debts
Summary
Apply your learning
INTRODUCTION TO BOOKKEEPING
COURSE MAP

Section 4
Petty cash, the journal and payroll

Welcome Lesson 3: Journals

Unit 1: The accounting process and journals
Lesson 1: Introduction to petty cash Unit 2: When are journals used?
Unit 1: What is petty cash? Unit 3: The journal
Unit 2: Petty cash procedures (1) Summary
Unit 3: Petty cash procedures (2) Apply your learning
Unit 4: Petty cash vouchers and sales tax
Summary Lesson 4: Payroll
Apply your learning Unit 1: What is payroll?
Unit 2: Payment methods in a payroll system
Lesson 2: Accounting for petty cash Unit 3: Types of gross pay
Unit 1: Petty cash book Unit 4: Calculation of gross pay
Unit 2: Recording petty cash vouchers in the petty cash Unit 5: Deductions from gross pay and the payslip
book Unit 6: Payroll journals and payroll accounting entries
Unit 3: Closing off the petty cash book Unit 7: Payroll accounts in the general ledger
Unit 4: Reconciliation between petty cash book and cash in Summary
hand Apply your learning
Unit 5: Reimbursing petty cash in imprest and non-imprest
systems Section summary
Unit 6: Recording the petty cash book in the ledger
Additional material
accounts
Summary Section 4 optional exam questions
Apply your learning
Section 4 graded exam questions

Section 4 further optional exam questions

INTRODUCTION TO BOOKKEEPING
COURSE MAP

Section 5
Control accounts, the trial balance and the correction of errors

Welcome Lesson 3: Correction of errors not disclosed by a trial

balance
Lesson 1: Control accounts Unit 1: Errors which are not disclosed by the trial balance
Unit 1: Purpose and use of control accounts Unit 2: Preparing journals for errors not disclosed by the
Unit 2: Receivables control account trial balance
Unit 3: Reconciling receivables control account with Unit 3: Transferring the journals to the ledger accounts and
receivables ledger balances – Introduction redrafting the trial balance
Unit 4: Reconciling the receivables control account with Summary
the receivables ledger balances – Practice Apply your learning
Unit 5: Payables control account
Unit 6: Reconciling payables control account with payables Lesson 4: Correction of errors disclosed by a trial
ledger balances – Introduction balance
Unit 7: Reconciling the payables control account with the Unit 1: Errors disclosed by a trial balance – The suspense
payables ledger balances – Practice account
Unit 8: Bank reconciliation introduction Unit 2: Clearing the suspense account
Unit 9: Completing a bank reconciliation Unit 3: Correcting errors – Practice scenario
Summary Unit 4: A final word
Apply your learning Summary
Apply your learning
Lesson 2: Trial balances
Unit 1: What is a trial balance? Section summary
Unit 2: Preparing the initial trial balance
Additional material
Unit 3: What happens if the trial balance does not balance?
Unit 4: Preparing a trial balance Section 5 optional exam questions
Summary
Apply your learning Section 5 graded exam questions

Section 5 further optional exam questions

Revision section

Lesson 1: Summing up
Unit 1: Suming up
Unit 2: Revision strategy

Lesson 2: FA1 optional practice test

Lesson 3: Revision tests

Revision test 1: Bookkeeping and sales on credit
Revision test 2: Books of prime entry and making and receiving payments
Revision test 3: The cash book and double entry
Revision test 4: Petty cash, the journal and payroll
Revision test 5: Control accounts, the trial balance and the correction of errors
Revision test 6: Mixed questions

Lesson 4: FA1 graded practice test

Lesson 5: What next?

Unit 1: The exam
Unit 2: What comes next?
Unit 3: End of course survey