Basic Bookkeeping E-Learning Certificate Workshop

Code: Entrepreneurs_Store
Price: $149.00
Shipping Weight: 0.05 pounds
Quantity in Basket: None

Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers.

Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you are ahead of the game. Welcome to Basic Bookkeeping!

Course Outline:


Module One: Getting Started

         Workshop Objectives


Module Two: Basic Terminology (I)

         Balance Sheet




         Income Statement


         Cost of Goods Sold


         Accounting Period



Module Three: Basic Terminology (II)

         Accounts Receivable

         Accounts Payable


         General Ledger





         Trial Balance



Module Four: Accounting Methods

         Cash Method

         Accrual Method

         Differences between Cash and Accrual

         Module Four: Review Questions


Module Five: Keeping Track of Your Business

         Accounts Payable

         Accounts Receivable

         The Journal

         The General Ledger

         Cash Management

         Module Five: Review Questions


Module Six: Understanding the Balance Sheet

         The Accounting Equation

         Double-Entry Accounting

         Types of Assets

         Types of Liabilities


         Module Six: Review Questions


Module Seven: Other Financial Statements

         Income Statement

         Cash Flow Statement

         Capital Statement

         Budget vs. Actual

         Module Seven: Review Questions


Module Eight: Payroll Accounting / Terminology

         Gross Wages

         Net Wages

         Employee Tax Withholdings

         Employer Tax Expenses

         Salary Deferrals

         Employee Payroll

         Employee Benefits

         Tracking Accrued Leave

         Government Payroll Returns/Reports



Module Nine: End of Period Procedures

         Depreciating Your Assets

         Reconciling Cash

         Reconciling Investments

         Working with the Trial Balance

         Bad Debt

         Posting Adjustments and Corrections

         Module Nine: Review Questions


Module Ten: Financial Planning, Budgeting and Control

         Reasons for Budgeting

         Creating a Budget

         Comparing Budget to Actual Expenses

         Module Ten: Review Questions


Module Eleven: Auditing

         What is an Audit?

         When and Why Would You Audit?



         Module Eleven: Review Questions


Module Twelve: Wrapping Up

         Words from the Wise