Description
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.
Basic Bookkeeping!
Basic Bookkeeping Course Outline: Module One: Getting Started
Module Two: Basic Terminology (I)
Balance Sheet
Assets
Liabilities
Equity
Income Statement
Revenue
Cost of Goods Sold
Expenses
Accounting Period
Review
Module Three: Basic Terminology (II)
Accounts Receivable
Accounts Payable
Depreciation
General Ledger
Interest
Inventory
Journals
Payroll
Trial Balance
Review
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
Equity
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 Withholding"s
Employer Tax Expenses
Salary Deferrals
Employee Payroll
Employee Benefits
Tracking Accrued Leave
Government Payroll Returns/Reports
Review
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?
Internal
External
Module Eleven: Review Questions
