Build strong financial knowledge with Accounting Essentials and UK Taxation. Learn bookkeeping basics, financial statements, UK tax rules, self-assessment guidance, and practical accounting concepts to support confident career growth.
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Intermediate 
47 Students 
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Accounting Essentials and UK Taxation provides a practical foundation in Financial Accounting, Bookkeeping, and Tax Accounting. Explore income statements, balance sheets, trial balances, fixed assets, stock movements, and double-entry accounting while developing essential skills for accurate Financial Reporting and effective financial management.
Build practical knowledge of UK Taxation, including Income Tax, National Insurance, VAT, Corporation Tax, payroll, and Self-Assessment tax returns. The course explains the UK tax system and administration, helping learners understand Tax Compliance, taxation for individuals and businesses, and key responsibilities involved in managing tax affairs.
Develop valuable skills in Tax Planning, tax administration, payroll and wages, VAT, and financial record-keeping. With dedicated modules covering UK taxation and a career as a tax accountant, this course is ideal for learners seeking practical Accounting Essentials knowledge and a strong foundation for careers in accounting, bookkeeping, and tax.
Learners can complete a mock exam to practice and assess their understanding before taking the final exam. The final multiple-choice exam is automatically marked, and learners must achieve at least 60% to pass. Successful learners receive a CPD-certified certificate.
After completing the Accounting Essentials and UK Taxation course assessment, you will be eligible to receive a CPD-accredited certificate worth £9 from One Education to demonstrate your achievement.
The certificate is also available as a printed hard copy delivered by post for £15.
Accounting Essentials and UK Taxation provide a strong foundation for understanding financial records, bookkeeping, and UK tax responsibilities. This course helps learners explore Accounting Essentials, UK Taxation, Financial Accounting, Bookkeeping, Tax Accounting, Tax Compliance, VAT, Income Tax, Financial Reporting, and Tax Planning.
Studying accounting and UK taxation can strengthen practical financial and tax-related skills. Learners can understand financial statements, maintain accurate bookkeeping records, explore VAT and Income Tax, support Tax Compliance, prepare financial information, and develop confidence applying essential Tax Planning and Financial Reporting principles in UK business environments.
The Accounting Essentials and UK Taxation course has a total study time of 5 hours, 14 minutes. Learners can work through the programme at a flexible pace, developing practical skills in Accounting Essentials, UK Taxation, Financial Accounting, Bookkeeping, Tax Accounting, Tax Compliance, VAT, Income Tax, Financial Reporting, and Tax Planning.
The Accounting Essentials and UK Taxation course has no formal entry requirements, making it suitable for beginners and aspiring accounting or finance professionals. An interest in accounting, bookkeeping, financial accounting, UK taxation, tax accounting, tax compliance, VAT, Income Tax, financial reporting, and tax planning is beneficial. Good English, basic numeracy and computer skills, and reliable internet access are recommended for effective online learning.
What is the Accounting Essentials and UK Taxation course?
The Accounting Essentials and UK Taxation course provides a practical foundation in accounting principles and UK taxation. It covers Accounting Essentials, UK Taxation, Financial Accounting, Bookkeeping, Tax Accounting, Tax Compliance, VAT, Income Tax, Financial Reporting, and Tax Planning.
Who is the Accounting Essentials and UK Taxation course suitable for?
The course is suitable for beginners, accounting students, bookkeepers, finance professionals, business owners, administrators, and anyone who wants to develop practical knowledge of Financial Accounting, Bookkeeping, and essential UK Taxation principles.
What will I learn from this Accounting and Taxation course?
You will explore Introduction to Accounting, Income Statement and Balance Sheet, and further topics covering accounting and taxation principles. The course helps develop knowledge of Financial Reporting, Tax Accounting, VAT, Income Tax, Tax Compliance, and Tax Planning.
What is Financial Accounting?
Financial Accounting involves recording, classifying, summarising, and reporting financial transactions. It helps businesses understand their financial performance and position through structured Financial Reporting and accounting information.
What are VAT and Income Tax?
VAT is a consumption tax applied to eligible goods and services in the UK, while Income Tax is generally charged on taxable income. Understanding both is an important part of developing knowledge of UK Taxation and Tax Compliance.
What are the benefits of studying Accounting Essentials and UK Taxation?
The course can strengthen your knowledge of Accounting Essentials, UK Taxation, Financial Accounting, Bookkeeping, Tax Accounting, Tax Compliance, VAT, Income Tax, Financial Reporting, and Tax Planning, providing a useful foundation for accounting and tax-related responsibilities.
| Accounting Essentials and UK Taxation | |||
| Module 01: Introduction to Accounting | |||
| Introduction | 00:03:00 | ||
| First Transactions | 00:05:00 | ||
| T Accounts introduction | 00:03:00 | ||
| T-Accounts conclusion | 00:03:00 | ||
| Trial Balance | 00:02:00 | ||
| Income Statement | 00:03:00 | ||
| Balance Sheet | 00:03:00 | ||
| Module 02: Income Statement and Balance Sheet | |||
| Balance Sheet Variations | 00:03:00 | ||
| Accounts in practise | 00:05:00 | ||
| Balance Sheets what are they | 00:05:00 | ||
| Balance Sheet Level 2 | 00:03:00 | ||
| Income Statement Introduction | 00:06:00 | ||
| Are they Expenses or Assets | 00:03:00 | ||
| Accunting Jargon | 00:02:00 | ||
| Module 03: Trial Balance, Fixed Assets and Stock Movements | |||
| Accruals Accounting is Fundemental | 00:03:00 | ||
| Trial Balance 3 days ago More | 00:04:00 | ||
| Fixed Assets and how it is shown in the Income Statement | 00:03:00 | ||
| Stock movements and how this affects the financials | 00:03:00 | ||
| Accounts Receivable | 00:03:00 | ||
| How to calculate the Return on Capital Employed | 00:05:00 | ||
| Transfer Pricing – International Rules | 00:02:00 | ||
| Module 04: Tax System and Administration in the UK | |||
| Module 04: Tax System and Administration in the UK | 00:27:00 | ||
| Module 05: Tax on Individuals | |||
| Module 05: Tax on Individuals | 00:25:00 | ||
| Module 06: National Insurance | |||
| Module 06: National Insurance | 00:15:00 | ||
| Module 07: How to Submit a Self-Assessment Tax Return | |||
| Module 07: How to Submit a Self-Assessment Tax Return | 00:15:00 | ||
| Module 08: Fundamentals of Income Tax | |||
| Module 08: Fundamentals of Income Tax | 00:25:00 | ||
| Module 09: Payee, Payroll and Wages | |||
| Module 09: Payee, Payroll and Wages | 00:21:00 | ||
| Module 10: Value Added Tax | |||
| Module 10: Value Added Tax | 00:21:00 | ||
| Module 11: Corporation Tax | |||
| Module 11: Corporation Tax | 00:20:00 | ||
| Module 12: Double Entry Accounting | |||
| Module 12: Double Entry Accounting | 00:14:00 | ||
| Module 13: Career as a Tax Accountant in the UK | |||
| Module 13: Career as a Tax Accountant in the UK | 00:19:00 | ||
| Mock Exam | |||
| Mock Exam – Accounting Essentials and UK Taxation | 00:20:00 | ||
| Final Exam | |||
| Final Exam – Accounting Essentials and UK Taxation | 00:20:00 | ||
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