Bookkeeping & Financial Accounting

Bookkeeping and Financial Accounting Level 1 introduces students to Generally Accepted Accounting Principles (GAAP), recording business transactions using the rules of double-entry bookkeeping...
0
0 reviews
  • Description
  • Curriculum
  • Reviews
certified-network-associate

Bookkeeping and Financial Accounting Level 1 and 2

Program Overview

AIMS College offers 2 short courses in Bookkeeping and Financial Accounting, divided into 2 extrapolating levels, each of 60 hours.

Bookkeeping and Financial Accounting Level 1 introduces students to Generally Accepted Accounting Principles (GAAP), recording business transactions using the rules of double-entry bookkeeping. In addition, students will learn how to prepare to adjust journal entries and prepare basic financial statements.

Bookkeeping and Financial Accounting Level 2 builds on the Level 1 foundation that includes Using Special Journals and Subsidiary Ledgers, recording entries for Merchandise companies, assigning Costs to Inventory, LIFO, FIFO, Moving Weighted Average, Specific Identification, Petty Cash & Bank Reconciliations and Payroll Accounting.

Who Should Attend ?

  • For candidates looking to branch out their existing portfolios in Accounting, Bookkeeping
  • Gain knowledge about fundamentals of Accounting and Bookkeeping with our shortest Accounting course

Upon Completion, Students Will be able to

  • Establish company records;
  • Maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, account reconciliation and payroll features; and Create financial statements.
  • Create financial statements.

*This program does not require approval under the Ontario Career Colleges Act, 2005.

Facilities

  • QuickBooks Certified Academy
  • Quality Instructors led hands-on training
  • Periodic in-house interactive sessions with industry professionals
  • State-of-the-art facilities
  • PC to student ratio is 1:1
  • Flexible Payment option is also available

Program Schedule

There are no upcoming events.

Highlights

  • Gain knowledge about fundamentals of Accounting and Bookkeeping with our shortest Accounting course
  • Ideal for candidates looking to branch out their existing portfolios in Accounting, Bookkeeping

Course Outline

Bookkeeping and Financial Accounting Level 1

  • Accounting Transactions
  • Analyzing and Recording Transactions
  • Adjusting Accounts for Financial Statements
  • Accounting Cycles and Classifying Accounts

Bookkeeping and Financial Accounting Level 2

  • Merchandise Inventories and Cost of Sales
  • Accounting Information Systems
  • Internal Control and Cash
  • Calculating and Recording Payroll
  • Accounting for Receivables and Bad Debts
  • Accounting for Merchandising Activities
Course details
Duration 20 Hours

CONTACT US

+1 (905) 625-6400