Finance & The Role of Bookkeeping

Everyone knows how important bookkeepers are for business success. Without bookkeeping, it would be impossible to work out budgets, do accounts, or produce financial reports. And when you need to make financial decisions, you want to be sure that the information you’re working with is reliable.

With a better understanding of the role of bookkeeping, you can be more confident that the financial information you’re using is accurate. Bookkeeping is a key part of finance management. It forms the basis of other financial operations, such as analyzing business performance. And there are bookkeeping best practices that can influence business success.

By the end of this course, you’ll be able to:

• Recognize the importance of bookkeeping in supporting finance management
• Demonstrate awareness of common bookkeeping mistakes
• Explain how to increase the reliability of bookkeeping through best practices

Why take this course?

Bookkeeping helps with making financial decisions, so this course is perfect for business leaders, team leaders, or managers. You’ll learn how bookkeeping fits into finance management and the advantages bookkeeping brings to business. This course will also explore common bookkeeping mistakes, and best practices to improve reliability.

10 mins | SCORM | Workbook