Cash Basis Accounting Qualification

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International Students can apply

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Cash Basis Accounting Qualification

Overview

The Cash Basis Accounting Qualification is designed for individuals seeking to understand the fundamentals of financial management using cash-based accounting methods. This course is ideal for small business owners, freelancers, and individuals looking to gain practical skills in managing their finances. Learn how to track income and expenses, create financial reports, and make informed financial decisions. With this qualification, you will be equipped with the knowledge and skills needed to effectively manage your finances and improve your financial literacy. Take the first step towards financial empowerment and enroll in the Cash Basis Accounting Qualification today!

Looking to enhance your financial skills? The Cash Basis Accounting Qualification is the perfect course for you. Gain expertise in managing finances using the cash basis method, a crucial skill for businesses of all sizes. This qualification opens doors to various career opportunities in accounting, finance, and auditing. Learn how to accurately record transactions, create financial statements, and analyze cash flow. With hands-on training and industry-relevant curriculum, you'll be well-equipped to excel in the competitive job market. Take the first step towards a successful career in accounting with this comprehensive qualification. Enroll now and secure your future in finance. (26)

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Introduction to Cash Basis Accounting
• Cash Receipts and Cash Payments
• Recording Transactions
• Bank Reconciliation
• Petty Cash Management
• Financial Statements Preparation
• Cash Flow Analysis
• Budgeting and Forecasting
• Internal Controls and Fraud Prevention
• Tax Implications of Cash Basis Accounting

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

6 months: GBP £1250
9 months: GBP £950
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

6 months - GBP £1250

9 months - GBP £950

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Accreditation

 Awarded by an OfQual regulated awarding body

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Opportunity Description
Accounting Clerk Assist with basic accounting tasks such as data entry, reconciliations, and preparing financial reports.
Bookkeeper Maintain financial records, process payroll, and manage accounts payable and receivable for small businesses.
Tax Preparer Prepare and file tax returns for individuals and businesses based on cash basis accounting principles.
Financial Analyst Analyze financial data, create forecasts, and provide insights to help businesses make informed decisions.
Auditor Review financial records, ensure compliance with regulations, and identify areas for improvement in financial processes.

Key facts about Cash Basis Accounting Qualification

Cash Basis Accounting Qualification is a specialized course designed to provide individuals with the necessary skills and knowledge to effectively manage financial transactions using the cash basis accounting method. The learning outcomes of this qualification include understanding the principles of cash basis accounting, recording cash transactions accurately, preparing financial statements, and analyzing financial data to make informed business decisions.
The duration of the Cash Basis Accounting Qualification typically ranges from a few weeks to a few months, depending on the institution or program offering the course. Students can expect to cover topics such as cash receipts and disbursements, cash flow statements, bank reconciliations, and budgeting techniques during the course.
This qualification is highly relevant to individuals seeking careers in accounting, finance, bookkeeping, or small business management. It provides a solid foundation in cash basis accounting principles, which are commonly used by small businesses, non-profit organizations, and individuals. Graduates of this program can pursue roles such as accounting clerk, bookkeeper, financial analyst, or small business owner.
Overall, the Cash Basis Accounting Qualification equips individuals with the necessary skills to effectively manage financial transactions using the cash basis accounting method, making them valuable assets in various industries that rely on accurate financial record-keeping and reporting.

Why this course?

Cash Basis Accounting Qualification is becoming increasingly significant in today's market, especially in the UK where small businesses make up a significant portion of the economy. According to recent statistics, there are over 5.9 million small businesses in the UK, accounting for 99.9% of all businesses in the country. These small businesses often opt for cash basis accounting due to its simplicity and ease of use. Having a Cash Basis Accounting Qualification can greatly enhance one's career prospects in the financial sector, as more and more businesses are recognizing the importance of this method of accounting. In fact, a recent survey found that 67% of small businesses in the UK prefer cash basis accounting over other methods. With the rise of freelancers, sole traders, and small businesses in the UK, the demand for professionals with expertise in cash basis accounting is only expected to grow. By obtaining a Cash Basis Accounting Qualification, individuals can position themselves as valuable assets in the job market, with the skills and knowledge needed to help businesses effectively manage their finances.

Who should enrol in Cash Basis Accounting Qualification?

The ideal audience for the Cash Basis Accounting Qualification is individuals looking to enhance their financial skills and advance their career in accounting.
This qualification is perfect for aspiring accountants, finance professionals, small business owners, and anyone interested in understanding the fundamentals of cash basis accounting.
In the UK, 2.5 million small businesses operate, making this qualification particularly relevant for those seeking to work in this sector.