Introduction to Accounting - Bookkeeping (Level 1)

LCCI Bookkeeping and Accounting (Level 1)

This certification is based on the needs of a modern accounting office. The accounting department plays a crucial role in any organization by providing essential financial performance and liquidity information. To ensure the organization’s long-term sustainability, it is vital to establish and maintain a skilled accounting team. This requires individuals within the organization to possess the necessary expertise in day-to-day operational tasks, fundamental accounting principles, and financial record-keeping.

Purpose of the course

This course aims to equip participants with the essential skills and knowledge in bookkeeping and accounting for the effective functioning of an organization’s accounting department to perform their tasks properly and professionally.

Who can participate

This qualification is suitable for those who work or intend to work in the finance industry, aiming to excel within their organization. It can also be pursued by individuals with no accounting background. Additionally, it is well-suited for administrative assistants and other business personnel in or related to accounting, including accountants, auditors, bookkeepers, accounting clerks, secretaries, and administrators.

Why choose the PS Institute of Accountancy

• The institute has many years of experience (over 30 years), in preparation of students for the LCCI examinations
• The institute is a recognized Educational Institution by the Cyprus Ministry of Education and Culture.
• Have an experienced and qualified teacher.
• Modern facilities and equipment.
• Each course includes a combination of lectures, questions and answers, practical classroom exercises, home study and quizzes
• Exam preparation with a personal approach that helps students develop their exam technique
• Also, the institute offers seminars that help continuous professional development.

Upon completion of the program, trainees will be able to:

• To understand the basic principles of accounting
• To record all business daily transactions
• To organize financial documents in an orderly and systematic manner
• To maintain the books of, and prepare final accounts for, sole traders.
• To track the goods and services acquired and provided by the business
• To ensure that all expenses are recorded and paid on time.
• To keep an accurate record of different suppliers and customers information
• To prepare bank reconciliations procedures
• To prepare a Statement of Profit or Loss and a Statement of Financial Position
• To analyze financial statements
• To check the accuracy of financial records

For more additional information please download our flyer and contact us at 22871287