Bookkeeping And Accounting In A Week

Roger Mason is a Chartered Certified Accountant and has many years practical experience as Financial Director of various British companies. He now lectures on financial and business topics. In addition he has edited a financial publication and written many books.

Sunday: Understand the principles of bookkeeping so that you can prepare and understand financial records. Monday: Learn about the different types of account and ledgers so that your understanding is taken a stage further. Tuesday: Study still more aspects of bookkeeping in order to further extend your expertise. Wednesday: Discover the vital preparatory steps before accounts are prepared so that you know exactly what must be done. Thursday: Find out how a profit and loss account is prepared and laid out, so that you can understand and use the figures. Friday: Understand the concept of a balance sheet so that you know the net worth of the business and how assets and liabilities are summarised. Saturday: Study what must be disclosed in published accounts so that you can obtain key information about almost any company.