Explore key concepts, bookkeeping practices, and terminology that will help you better utilize bookkeeping software. Learn about the accounting cycle, starting with an introduction of basic accounting terms and record keeping rules. Practice double-entry accounting; cash versus accrual accounting; chart of accounts and ledgers; and accounts receivable and accounts payable accounting. Review financial statements (profit and loss, and balance sheet), how to avoid fraud and embezzlement, and business entity types. Bring a notepad and pen.
"The most valuable aspect of the class was that the instructor was willing to explain all problems that students asked. The instructor gave very detailed examples."