Language: English
Short Description: This online accounting and bookkeeping course is designed specifically for people who have zero experience in this field, or for those who wish to improve their knowledge of accounting and bookkeeping.
Through this multimedia-rich and highly interactive course, you’ll learn:
• Basic accounting terminology
• The fundamental principles of accounting and the accounting cycle
• Payroll expense, taxes, liabilities, laws, forms, and regulations
• Several different payroll functions
• The fundamentals of the budgeting process
• How to record transactions in chronological order with the use of journals
• How to categorize those transactions by account using ledgers
With the training from this course, you’ll be able to secure an employment position in which you’ll conduct budgeting processes for various companies.
Our goal is also to teach you how to interpret financial statements so that you can accurately determine a company’s profitability.
Throughout this accounting and bookkeeping course, we want our students to learn how to apply the theoretical knowledge they’ve gained in their professional lives. As a result, you’ll be in a better position to improve your career options.
Value Proposition: This interactive course equips beginners with essential accounting, bookkeeping, payroll, budgeting, and financial statement analysis skills, preparing them for entry-level employment and stronger career opportunities in accounting and finance.
Instructor Description: Though this program is a self-paced program it is supported by an educational mentor. Educational mentors are subject matter experts who have years of experience in their field as well as the necessary educational training and credentials to work as an expert. The mentor is available to answer any questions a learner may have including questions on course content, course material, certifications, and even industry questions. Mentors also monitor the progress of learners to ensure training retention and program advancement. In eLearning, motivation is a key tool to success. Because of this, mentors provide encouraging comments, feedback, and coaching to motivate learners throughout the duration of the program to support completion and success!
Requirements
Internet Connection
• Broadband or High-Speed (DSL, Cable, Wireless)
Hardware Requirements
• Processor - 2GHz Processor or Higher
• Memory - 1 GB RAM Minimum Recommended
Software Requirements
• Operating Systems - Windows 7, 8 or 10; Mac OS x 10 or higher
• Internet Browsers - Google Chrome is highly recommended
• Cookies MUST be enabled
• Pop-ups MUST be allowed (Pop-up Blocker disabled)
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Lesson 1
Module 1: Bookkeeping Fundamentals
Covers the role of the bookkeeper, differences between accounting and bookkeeping, the accounting cycle, accrual accounting, chart of accounts, journals, ledgers, trial balances, and closing the books.
Module 2: Financial Statements & Controls
Focuses on preparing and interpreting income statements, balance sheets, and cash flow statements, along with accounts payable and receivable, profit ratios, invoicing, cash processing, and bookkeeping controls.
Module 3: Inventory & Asset Management
Introduces inventory accounting methods, cost layering, fixed assets, depreciation, debt accounting, expense reporting, petty cash, and payables systems.
Module 4: Payroll Operations
Covers the payroll cycle, employee time tracking, gross pay calculations, benefits and deductions, payroll taxes, workers’ compensation, and payroll transaction accounting.
Module 5: Credit Management & Collections
Addresses credit policies, credit approvals, customer credit evaluation, collections strategies, billing processes, payment handling, deductions, returns, allowances for doubtful accounts, and legal considerations in collections.
Module 6: Accounts Payable Management
Explores invoice processing, payment methods, expense reimbursements, procurement cards, payables controls, policies, fraud prevention, vendor management, and government reporting.
Module 7: Taxes & Compliance
Covers payroll and employment taxes, tax remittances, deposit schedules, unemployment taxes, audits, sales and use tax overview, and compliance responsibilities for small businesses.
Module 8: Payroll Reporting & Recordkeeping
Focuses on payroll reports, record retention, controls, performance measurements, headcount ratios, and outsourcing considerations.
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