Introductory Bookkeeping Certificate

Our Introductory Bookkeeping Certificate (IBK) is a great foundation for you to build your bookkeeping and accounting career from. The basic bookkeeping course is 100% online and includes everything you need to get your IBK certificate - all for just £99. Once you have completed your certificate, you may want to take the next step and gain an accreditation like AAT or ACCA.

Following the completion of a focused bookkeeping and accounting course, you’ll get an exclusive 15% off your first AAT or ACCA booking, to help you progress your career. To get this discount on certification for bookkeeping, please speak to your course adviser after you have completed the IBK certification.

You'll get award-winning tuition in a bookkeeping certificate course that includes:

• A detailed study planner that allows you to plan your study time and complete necessary exercises to grasp topics.
• Categorised tuition videos that are grouped together for easy learning across any device.
• Application quizzes that test your knowledge and boost understanding.
• Discussion tasks that allow you to liaise with classmates and encourage group work. 
• A comprehensive study manual filled with examples and scenarios so you can gain a deeper understanding.
• A question bank to practise multiple questions that will challenge your strategic thinking and technical skills.
• A final computer-based examination that will test the syllabus.
• Once you have passed the exam, you'll be awarded an LSBF certificate to make your CV more attractive. 

Syllabus

Our IBK certificate covers 11 chapters to give you a solid foundation to progress from. The chapters cover the following content:

Introduction to accounting

Financial statements

Double entry bookkeeping

• The accounting equation
• Double entry accounting
• Balancing ledger accounts
• Trial balance

Inventory

• Inventory valuation
• First in first out
• Average cost - continuous method
• Average cost - period end method

Irrecoverable debts

• Credit sales
• Irrecoverable debts
• Allowance for receivables

Non-current assets

• Initial recognition
• Depreciation - Straight line
• Depreciation - Reducing balance basis
• Depreciation - Changes
• Revaluations
• Asset disposals
• Non-current asset register and disclosures
• Intangible non-current assets

Accruals and prepayments

• Accruals and prepayments
• Accrued and deferred income

Sales tax

• Sales tax

Books of prime entry

• The accounting system
• Accounting for sales and sales returns
• Accounting for purchases and purchase returns
• Accounting for discounts
• The cash book and the petty cash book

Bank reconciliation

• Bank reconciliations

Control accounts, errors and suspense accounts

• Control account reconciliations
• Errors which do not cause an imbalance
• Suspense accounts