Intermediate Bookkeeping Using Xero Software


Course Overview:
This comprehensive course is designed to provide participants with a deep understanding of core accounting principles, concepts, and bookkeeping processes, using Xero as the primary simulation tool. Ideal for aspiring accountants, small business owners, and finance professionals, this course takes participants through the entire accounting cycle, from recording transactions and maintaining ledger accounts to performing reconciliations and preparing financial statements—all within the Xero platform.
Through a hands-on, practical approach, participants will gain the skills to prepare journal entries, manage financial records, and account for more complex structures like partnerships. The course will also cover critical year-end processes, including adjustments and trial balance preparation, with a focus on identifying and correcting errors to ensure accurate financial reporting, all simulated within Xero.
Course Objectives:
By the end of the course, participants will be able to:
- Understand and apply key accounting principles, concepts, and characteristics.
- Describe and implement the basic bookkeeping process, ensuring accurate financial record-keeping.
- Prepare journal entries and general ledger accounts using real-world examples.
- Accurately record transactions and events in line with accounting standards.
- Perform bank reconciliations and ensure that financial records align with external financial data.
- Process year-end adjustments and prepare complete financial statements.
- Understand the key principles of accounting for partnerships.
Target Audience:
- Aspiring accountants and bookkeepers
- Business owners and entrepreneurs who want to better manage their finances
- Professionals looking to build foundational accounting skills.
- Finance students looking to reinforce their knowledge of practical accounting processes.
Course Structure:
- Accounting principles, concepts and characteristics
- The principles and process of basic bookkeeping
- The preparation of journals and general ledger accounts
- Recording transactions and events
- Reconciliations
- Preparing a trial balance and correcting errors
- Preparation of the financial statements, including incomplete records
- Partnerships accounting
Course Fee: GHS 2,500
Certificate will be awarded