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University of the Witwatersrand Course

Basic Business Accounting


15 Jul, 2024

Course overview

Accounting savvy is vital to ensure a business is on-track to being profitable, with important money milestones being set and met. Whether you’re a business owner, bookkeeper, financial clerk, in the finance department or a manager with growing exposure to your business’s books, the Basic Business Accounting online short course is ideal for anyone who wants a boost in money management skills. At the end of 10 weeks, you’ll be in love with ledgers, a master of the accounting equation, and aptly able to construct and apply financial statements.

Course curriculum

  • Module 1: Introduction to business accounting
  • Module 2: The cash book
  • Module 3: The debtor’s ledger
  • Module 4: The creditor’s ledger
  • Module 5: Other ledgers.
  • Module 6: Application of the accounting equation
  • Module 7: Practical construction of financial statements
  • Module 8: Application of financial statements

Course outcomes

  • Master accounting terms and principles as well as role-players and business entities
  • Understand cash book receipts, payments tax and bank reconciliations, and debtors and creditors ledger and reconciliations
  • Apply the accounting equation to the formulation of trial balances and statements
  • Interpret and extract valuable information from financial reports and business accounting statements


John Borthwick

Course summary

Format: Wits certified online short course
Certification: Wits University certificate of competence
Duration: 10 weeks
Breakdown: 8 weeks consecutive online lectures, one exam in week 10
Hours per week: 5 to 7
Language: English

Learn more about our Credly qualification badges here


Students. Accomplished

Paul Motibane


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