Accounting & Bookkeeping

IOA 066
50 Online Study HoursFully Accredited by ICOES
Free PDF Certificate14 Day Money Back Guarantee

About the Program

Do you wish you had a better grasp on accounting?

Everyone, whether you wish to become an accountant or just know more about your personal and business finances, can benefit from a better understanding of accounting and bookkeeping.

The IOA Accounting & Bookkeeping course is designed to give you the basics you need to familiarize yourself with accounting and bookkeeping, to prepare yourself to begin a career in the field, and/or to become a better asset to your business. Wouldn’t you like to:

  • Understand the financial side of your business better
  • Get a head start on your career in accounting or bookkeeping
  • Better understand how to plan for and prepare taxes

Our Accounting & Bookkeeping offers you the opportunity to learn more about accounting and bookkeeping and expand your horizons on your own time. Get through coursework anytime, anywhere. The IOA Accounting & Bookkeeping course will prepare you for better business practices and/or a career in the field.

Who Is This Course for?

This is an ideal course for those who:

  • Want to work in the finance and accounting industries
  • Own their own business and want to ensure all accounting and bookkeeping is done correctly
  • Already do accounting and bookkeeping and wish to update their skills
  • Are interested in the world of accounting and bookkeeping and wish to explore the various tasks that accountants are expected to do 
  • Wish to add value to their current job by bringing more skills to the table
  • Are planning on opening a small business and want to increase their knowledge of accounting.

What You Will Learn

The IOA Accounting & Bookkeeping course is specially designed to make this seemingly insurmountable topic accessible and easy. Our focused and specialized course modules will walk you through accounting and bookkeeping step-by-step, making sure you leave this course confident and ready to tackle the financial world. This course will focus on:

  • The importance of basic accounting practices
  • Keeping and balancing a business payroll
  • Tracking business inventory and making sure everything adds up
  • Keeping track of cash and balancing currency
  • Proper bookkeeping practices
  • Profit analysis and shareholder equity
  • Reporting taxes and preparing your business for an audit (whether internal or external)

Get an IOA education on your own time

Career Path

After completion of this course, you could:

  • Take the next step to a career in accounting and bookkeeping
  • Current employees in the accounting industry could earn a promotion or raise by increasing their skills and knowledge
  • Confidently do the books and accounting for your own business, home, or other interests
  • Increase profitability in your own business through an increased understanding of accounting and bookkeeping


International Open Academy courses are designed for anyone with an interest in learning. No formal qualifications are required to study with us. Our courses are suitable if you want to learn new skills, start a new career, or if you’re already working in a particular industry and wish to upgrade your talents and enhance your resume.

Exam & Certification

To receive certification, you must:

  • Complete every page of the course
  • Pass the exams with a minimum score of 55% for each (each module includes a test based on key learning objectives in that study topic)

If you meet this criteria, your certificate of successful completion will be emailed to you immediately after you finish the course

You will also have the option to order a hard copy certificate directly from ICOES. (


Module 1: Beginning accounting
  • History of accounting
  • Why is accounting important?
  • Decisions you must make
  • Jargon, or how to speak like an accountant
Module 2: Types of accounting
  • Financial accounting
  • Management accounting
  • Tax accounting
Module 3: Making sense of your accounts
  • Organization The accounting cycle
  • Using computers for accounting
  • How does computerized accounting work?
Module 4: Keeping inventory and tracking sales
  • Purpose of inventory
  • Keeping up with inventory
  • Keeping track of sales
  • Balancing cash
Module 5: Controlling and managing expenses
  • How to control expenses
  • Balancing your payroll
  • Long-term asset acquisitions
  • Financial liabilities
Module 6: Avoiding illegal accounting
  • Improper accounting procedures
  • Avoiding shortcuts
  • Famous accounting scandals
Module 7: Introduction into bookkeeping
  • Importance of bookkeeping
  • Single-entry bookkeeping
  • Double-entry bookkeeping
Module 8: Proper bookkeeping
  • Balancing and testing your book
  • How to adjust entries
  • Financial statement preparation
  • Profit analysis
  • Liquidity, and how to test it
  • Why is internal control important?
Module 9: Tracking & reporting taxes
  • What are business taxes?
  • How to report year-end numbers to the government
  • Finishing and closing your books
Module 10: Handling an audit
  • External auditor
  • Internal auditor
  • Cost auditor
  • Performance audit
  • Quality audits
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