Bookkeeping

Canada College
Montreal, Quebec, Canada

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' Performance Objectives:
Upon completion of the course, the student will be able to do the following:
�Describe the benefits, eligibility requirements, code of ethics, and maintenance requirements for the Certified Bookkeeper.
�Apply the concepts of accrual accounting to transactions that span fiscal periods.
�Trace the effect of accrual and deferral transactions to financial statements.
�Apply accounting concepts and the basic tools of financial analysis in identifying and correcting errors.
�Apply accounting principles in reconciling bank accounts.
�Apply accounting concepts in preparing payroll transactions, from paying wages to depositing and reporting taxes.
�Apply accounting concepts to depreciation transactions including various methods of calculating depreciation for book and tax purposes.
�Apply accounting concepts to valuing inventory, recording costs, making entries and reporting inventory on financial statements.

Course Outline:
I. Certified Bookkeeper Program
A. Eligibility requirements
B. Testing program
C. Code of ethics
D. Maintenance of certification

II. Accruals, Deferrals, and the Adjusted Trial Balance.
A. Why accruals, deferrals, and other adjustments are made
B. Accruing revenues and expenses
C. Recognizing revenues collected in advance
D. Recognizing expenses after a prepayment
E. Other adjusting entries
F. Unadjusted trial balance through the adjusted trial balance

III. Correction of Accounting Errors and the Bank Reconciliation
A. When and where accounting errors occur and how they are found
B. Performing the bank reconciliation
C. Finding and correcting errors on the unadjusted trial balance
D. Correcting current-period accrual and deferral errors

IV. Payroll
A. How to pay different kinds of employees
B. Federal and state wage-hour law
C. Paying employees under federal law
D. Employment records and payroll recordkeeping
E. Form W-4 and comparable state forms
F. Withholding and depositing federal taxes
G. Federal employment reporting forms and due dates
H. When wages become taxable
I. Other reporting rules
J. Payroll register and journal entries

V. Depreciation
A. The difference between book and tax depreciation
B. Depreciation under GAAP
C. Computing and allocating depreciation
D. Depreciation under federal tax depreciation rules
E. Tax depreciation of vehicles

VI. Inventory
A. General concepts of accounting for inventory
B. The perpetual method
C. The periodic method
D. Weighted-average and moving-average methods
E. First-in, first-out (FIFO) method
F. Last-in, last-out (LIFO) method
G. Lower of Cost or market (LCM) rule

...''

Phone:514-868-6262

School Address:

1118 Sainte Catherine West #403 Montreal, Quebec, H3B 1H5 Canada

Jobs & Resumes: Montreal
Houses & Roommates: Montreal

Judicial Secretary
Windows VISTA
Word 2007
Excel 2007
Microsoft Access 2007
Microsoft Publisher 2007
Microsoft FrontPage 2007
Microsoft Outlook 2007
Microsoft PowerPoint 2007
Dreamweaver �Web Site Design
Medical Secretary
Multimedia
MCSE
Homecare
Early Childhood Education Certificate
Quality Control
Marketing Certificate
Dynamic Selling
Small Business Essentials

Notice: The course description on this page was captured from the Internet as historical reference or submitted by visitors. It was archived statically and not updated from day to day.
 

Tips: You do not need to register before you can use most of our services. You will get a code for each posting ever made on this website. It is the key for you to remove the posting anytime by yourself.