Principles of Bookkeeping Controls: AAT Level 2 Q2022 Study Guide (AAT Level 2 Q2022 Study Guides)

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We have a wealth of materials to help you revise for and pass your exams. All study options come with the following: The Study Manual’s organization and structure facilitate efficient learning, allowing learners to focus on specific areas of study. Whether used as a self-study resource or in conjunction with a bookkeeping course, it offers flexibility to accommodate individual learning preferences and schedules. It’s critical to record sales in an accurate and timely manner as it helps business owners determine how well their business is doing.

Principles of Bookkeeping Controls (POBC) - Study Manual Principles of Bookkeeping Controls (POBC) - Study Manual

The Sarbanes-Oxley Act is a piece of regulation drafted to ensure financial reporting avoids any fraudulent activity. Every module and topic has been through a detailed instructional design process, which means we‘ve considered how to best explain each area and cement your understanding of the subject. This includes a variety of concise learning formats such as bite-sized tutor-led lectures, and activities to help link topics together. Every module is scripted and links on screen animations with graphics found within your integrated workbook. This provides a high quality online learning experience, which is so much more than a live recorded tutor session or even a tutor narrating highlighted text book visuals.

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Equity includes the investment the business owner/s put in as well as the other investments the company made.

AAT Level 2 - Bookkeeping Controls Flashcards | Quizlet AAT Level 2 - Bookkeeping Controls Flashcards | Quizlet

This unit refers to value added tax or VAT. This is an indirect tax operating in the UK but this type of tax may also operate and be known by another name in other countries. The exam kit gives you plenty of exam style questions and answers to test your knowledge and practice.The three main areas of accounting controls are detective controls, preventive controls, and corrective controls.

Principles of Bookkeeping Controls – Learning Media

The first three basics of bookkeeping discussed above are what you’ll find in the Balance Sheet. To balance the books, you need to carefully monitor the assets, liabilities, and equity. RELATED: 9 Recommended Books To Read Before Starting A Bookkeeping Business 5. Double-Entry BookkeepingYou’ll be awarded a grade (pass, merit, or distinction) based on how you perform across the qualification. Individual units are not awarded grades, but the marks achieved in all assessments contribute to your overall grade for the qualification. Book an exam Exams Owners’ equity monitors the amount the owners and investors put into their business. 4. Single-Entry Bookkeeping MyKaplan is an online learning portal with practical resources to help you prepare for your exams. Online features