Without competent bookkeepers, companies would be easy targets for fraud, employee theft, and other scandals. This unit expands on bookkeeping, the foundation of all business.
Now Studying: Bookkeeping
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Multiple Choice Activity
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Listening Comprehension Activity
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Spelling and Recognition
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Vocabulary Builder Activity
Students will learn the following key terms and phrases:
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Reading Activity: Bookkeeping
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Bookkeeping is the foundation of accounting and is just as, if not even more important than some of the more 'glamorous' accounting work. So why are bookkeepers seen as being less important to the success of an accounting department than accountants? Well to get the answer to this, it is important to understand what exactly bookkeeping is.
Bookkeeping within a business is basically the recording…
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Reading Comprehension Quiz
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Speaking Practice Activity
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You should remember that each T-account should balance. If it doesn't, there must be a mistake somewhere.
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As Bob wasn't very good at maths he used single entry bookkeeping to keep track of his daily transactions.
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When James had finished the clients' tax return he gave it to his supervisor to check before sending to the Inland Revenue.
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Writing Practice Activity
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- Have you ever done any bookkeeping?
- Why do you think bookkeepers are not as respected as chartered / certified accountants?