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 ?
Upon Completion, Students Will be able to
*This program does not require approval under the Ontario Career Colleges Act, 2005.