Bookkeepers and Accounting Specialists are highly respected and sought after. This course of instruction is to provide the student with the knowledge and skills to proficiently perform the functions of a bookkeeper/accountant. The student will be taught the fundamentals of accounting, the use of Excel spreadsheets, and the utilization of QuickBooks. The student will be able to knowledgeably transfer all monetary transactional information to the QuickBooks system. In this way, useful, timely, and reliable information will be readily available.
This is to be a 12-week course; five days a week, three 50-minute sessions and the fourth session of the day will be a full hour. The basic course will focus on GAAP and the methods used to gather and analyze financial, and to some extent, managerial information. The class will also include the basics of Excel; how to create, formulate and utilize Excel to aid in the analysis of information.
It is also the intention of this course to provide some exposure to accounting fundamentals and responsibilities. This will be accomplished by having the student consider a business that he/she would be interested in, excluding manufacturing. During this project, the student will progress from sole proprietorships/partnerships; record the addition of other partners and ultimately merge to form a single corporation. The student will create an initial accounting system and then evolve and expand that system to meet the growing needs of their business.
This Instructor led comprehensive course of instruction will introduce the fundamentals and responsibilities of the accounting professional. It is intended to provide the knowledge and skills to proficiently perform the functions of a bookkeeper and, to a certain degree, of an accountant. The student will learn the basics of Excel spreadsheets and during the last part of the course will also learn the basic utilization of QuickBooks. The Class topics will include: Definition of an Account, Concept Of “Debit” And “Credit”, Definitions of “Assets”, “Liabilities” and “Owner’s Equity”, The Accounting Equation and Bookkeeping Systems, Accounting Cycle, Accounting Period, Accounting Rules (GAAP), The Cash and Accrual Basis of Accounting, Chart of Accounts, General Journal, Transaction Analysis, Correcting Entries, General Ledger, Cash, Credit Card, Petty Cash, Cash Flow and Profit, Receivables, Allowance for Doubtful Accounts, Payables, Inventory Methods, Lower Of Cost Or Market, Depreciation, Payroll, Bank Reconciliation, Trial Balance, Ten Column Worksheet, Adjusting Entries, Financial Reports, Close Temporary Accounts, Post Closing Trial Balance. This course includes course book and 2 certification exams.
Intuit QuickBooks Online version: Exam Objectives
Intuit QuickBooks Desktop version: Exam Objectives