MICRO-CREDENTIAL IN FUNDAMENTAL ACCOUNTING FOR SOLE PROPRIETORSHIP

About this Module

What you will learn

Basic accounting is essential for small businesses to manage resources, track performance, and ensure compliance with legal and tax obligations. Although it is not compulsory for small businesses, understanding fundamental accounting knowledge assists business owners in planning for smooth operations with limited resources. Micro credential is designed to provide a fundamental understanding of the basic accounting concepts, principles, and techniques of double entry systems and procedures for preparing financial statements for small business owners. With all this knowledge and skill in preparing financial statements, the business owner will understand the importance of consistently recording and updating books of accounts. They can also regularly review financial statements to monitor the business's future health and investment opportunities.

What skills you will gain

Prepare basic accounts

Total contents and assessments

15 videos, 50 learning activities, 5 contents, 2 assessments

Module Details

CLUSTER : Business & Management ( SP )
MODE/DURATION : Flexible
LENGTH : 2 days
EFFORT : 15
LEVEL : Beginner
LANGUAGE : English
CERTIFICATE : Yes
CPD POINT : 0
PRICE : Free

Associated Course (s) :
No Course

 Syllabus

The Concept of Sole Proprietorship
The Types of Business
Basic Accounting Concepts and Framework

Accounting Equation
Accounting Classifications

Principle of Double Entry
Journal Entries
Ledger
Trial Balance

Key Components of Income Statements
Structure of Income Statements
Prepare Income Statements

Prepare Statement of Financial Positions

Our Instructor

MARSHITA BT HASHIM

Course Instructor
UiTM Kampus Puncak Alam
4.3 (average sufo) instructor rating 12 course(s)

NOR HAYATI BINTI MD NOR

Course Instructor
UiTM Kampus Puncak Alam
4.3 (average sufo) instructor rating 9 course(s)

FATMAWATI BINTI JUSOH

Course Instructor
UiTM Kampus Puncak Alam
4.3 (average sufo) instructor rating 12 course(s)

SAFLINA BINTI AZIS

Course Instructor
UiTM Kampus Seremban 3
4.3 (average sufo) instructor rating 9 course(s)

MOHD AFIQ BIN AZERO

Course Instructor
UiTM Kampus Puncak Alam
4.3 (average sufo) instructor rating 17 course(s)