Accounting Technician Course

Lesson 1 • Financial Documents and Business Transactions

Identifies source documents and explains how transactions are initiated and recorded. Builds document literacy essential for data entry and verification.

Lesson 2 • The Accounting Profession and Its Role

Defines accounting, its purpose in business, and the technician's responsibilities. Connects professional context to daily accounting tasks.

Lesson 3 • The Accounting Cycle Overview

Maps the full cycle from transaction identification to financial reporting. Gives students a roadmap for all processes covered in later chapters.

Lesson 1 • Correcting Bookkeeping Errors

Identifies the six types of bookkeeping errors and demonstrates correction using journal entries. Reinforces accuracy and audit-readiness.

Lesson 2 • Recording Transactions in the General Journal

Demonstrates how to write journal entries with correct accounts, amounts, and narrations. Directly prepares students for ledger posting.

Lesson 3 • Preparing and Checking the Trial Balance

Guides students through extracting balances and verifying arithmetic equality of debits and credits. Introduces error detection as a quality-control skill.

Lesson 4 • Debits, Credits, and Account Types

Explains the debit-credit rule across asset, liability, equity, income, and expense accounts. Forms the mechanical foundation for all journal entries.

Lesson 1 • Internal Controls Over Cash

Introduces segregation of duties, authorisation limits, and physical safeguards for cash. Establishes control awareness as a professional responsibility.

Lesson 2 • Bank Reconciliation Statement Preparation

Teaches the step-by-step construction of a bank reconciliation statement. Connects reconciliation to internal control and fraud prevention.

Lesson 3 • The Cash Book and Petty Cash

Explains the dual function of the cash book as both a journal and a ledger account. Covers petty cash management using the imprest system.

Lesson 1 • Discounts and Settlement Terms

Distinguishes trade discounts from settlement discounts and records each correctly. Reinforces accurate revenue and expense recognition.

Lesson 2 • Credit Sales and the Sales Ledger

Records credit sales transactions and maintains individual customer accounts in the sales ledger. Establishes the link between subsidiary and general ledger.

Lesson 3 • Allowances for Doubtful Debts

Covers specific and general allowances for receivables that may not be collected. Applies the prudence principle to receivables valuation.

Lesson 4 • Credit Purchases and the Purchases Ledger

Records credit purchases and manages supplier accounts within the purchases ledger. Mirrors the receivables process on the payables side.

Lesson 1 • Inventory Classification and Importance

Defines inventory types and explains their significance to profitability and the balance sheet. Sets the context for valuation method selection.

Lesson 2 • Net Realisable Value and Write-Downs

Applies the lower-of-cost-or-net-realisable-value rule to inventory reporting. Reinforces prudence and accurate asset presentation.

Lesson 3 • Inventory Valuation Methods

Applies FIFO and weighted average cost methods to calculate closing inventory and cost of sales. Compares profit and balance sheet outcomes of each method.

Lesson 1 • The Balance Sheet

Builds a classified balance sheet showing assets, liabilities, and equity in standard format. Reinforces the accounting equation in a reporting context.

Lesson 2 • Financial Statements for Partnerships and Companies

Adapts statement preparation for partnership appropriation accounts and limited company formats. Extends sole-trader knowledge to more complex entity structures.

Lesson 3 • Depreciation of Non-Current Assets

Applies straight-line and reducing-balance depreciation methods to fixed assets. Connects asset valuation to both the profit and loss account and balance sheet.

Lesson 4 • The Profit and Loss Account

Constructs a multi-step profit and loss account from gross profit through to net profit. Teaches correct classification of revenue, cost of sales, and expenses.

Lesson 1 • Payroll Fundamentals and Employee Records

Defines payroll components and the employee data required for accurate processing. Establishes the administrative foundation for payroll compliance.

Lesson 2 • Employer Payroll Costs and Accounting Entries

Calculates total employer costs including employer contributions and records payroll journal entries. Links payroll processing to the general ledger.

Lesson 3 • Statutory Deductions and Net Pay

Applies income tax withholding, social insurance, and other mandatory deductions to arrive at net pay. Reinforces compliance with statutory obligations.

Lesson 1 • Tax Record-Keeping and Compliance

Specifies the records businesses must retain, retention periods, and audit-readiness standards. Reinforces the technician's role in maintaining compliant documentation.

Lesson 2 • Indirect Tax Principles and Registration

Explains the structure of value-added and sales tax systems and registration thresholds. Provides the conceptual basis for tax collection and remittance.

Lesson 3 • Calculating and Recording Indirect Tax

Demonstrates output tax, input tax, and net tax payable calculations with journal entries. Directly applies tax mechanics to bookkeeping practice.

Lesson 4 • Completing Tax Returns and Remittance

Guides students through populating a standard indirect tax return and submitting payment. Builds compliance skills and deadline awareness.