peaksphere_academy

Bookkeeping Essentials

This course introduces the fundamentals of bookkeeping, the backbone of financial record-keeping for any business or organization. It explains how to systematically record, organize, and track financial transactions, ensuring accuracy and compliance. Learners will gain the practical skills needed to maintain books of accounts and support sound financial management

What You'll Learn

Purpose and importance of bookkeeping in business & non-profits
Difference between bookkeeping and accounting
Understanding source documents (invoices, receipts, vouchers)
Double-entry bookkeeping system: debits and credits
Recording transactions in journals and ledgers
Preparing and balancing trial balance
Common errors and how to correct them
Basics of cash book, petty cash, and bank reconciliation
Introduction to financial reporting basics

Course Curriculum

Module 1
Introduction to Bookkeeping – Role, scope, and difference from accounting 2 hours
Source Documents – Invoices, receipts, vouchers, credit notes 3 hours
The Double-Entry System – Debits, credits, and balancing accounts 4 hours
Journals & Ledgers – Recording and posting transactions 5 hours
Trial Balance Preparation – Ensuring accuracy in records 6 hours
Module 2
Cash Book & Petty Cash – Managing daily transactions 2 hours
Bank Reconciliation – Matching books with bank statements 3 hours
Error Identification & Rectification 4 hours
Introduction to Financial Statements – How bookkeeping supports reporting 5 hours

Who Should Enroll

  • Students pursuing commerce, finance, or business studies
  • Small business owners and entrepreneurs
  • NGO managers handling donor/project funds
  • Office administrators and support staff managing records
  • Anyone aspiring to start a career in accounting or finance

Frequently Asked Questions

What are the prerequisites for this course?

Basic knowledge of Excel and fundamental accounting concepts is recommended. We provide introductory materials for those who need a refresher before the course begins.

Will I receive a certificate upon completion?

Yes, students who complete all coursework and projects will receive a Certified Financial Analyst certificate from Peaksphere Academy, recognized by our industry partners.

What Our Students Say

"Joining the Diploma in Corporate Finance gave me much more than classroom learning. The case-based approach helped me apply concepts to real business problems. During my MBA placements, I could confidently handle finance-related questions — and I credit this program for that edge"

Student
Priya Sharma

MBA Student, Delhi

"I had the basics of accounting from college, but I struggled in my first job. The Integrated Accounts Learning Program bridged that gap. With the practice sessions in Tally ERP and GST filing, I can now manage client accounts independently. My manager has already noticed the improvement."

Student
Ravi Kumar

Junior Accountant, Bengaluru