You may register online below, or for further assistance please email ce@greenriver.edu or call 253-333-6030.
Get the knowledge you need to measure and manage the financial health of your business. Whether you are an entrepreneur, running a family business, or just looking to advance your career, this program will help you understand how the bookkeeping process works and how to complete the accounting cycle accurately and in a timely fashion. This program focuses on cash basis accounting.
Upon completion of the Certificate, you will be able to:
- Create a chart of accounts based on the needs of your business
- Analyze and record financial transactions accurately and in a timely fashion using double entry bookkeeping
- Maintain and balance a general ledger monthly
- Perform monthly bank reconciliations
- Prepare a worksheet for completing year-end trial balances and gather information for financial statements.
- Prepare financial statements
- Post closing entries and prepare the books for the new year
THE PROGRAM
The Bookkeeping Certificate is offered through our partner, Learning Resources Network, Inc. (aka UGotClass). It is composed of three, month-long courses:
Understanding Debits and Credits - 1 month
The Accounting Equation and Categories
- The Accounting Equation
- The Five Accounting Categories
- The Chart of Accounts
- Account Placement
- Activity - Categorizing Accounts
- Cash Basis Accounting vs. Accrual Basis Accounting
Debits and Credits
- T-Accounts
- Debits and Credits
- Double Entry Bookkeeping
- Analyze Financial Activities (Transactions)
Assets, Liabilities, and Owner’s Equity
- Recording Transactions for Assets
- Recording Transactions for Liabilities
- Recording Transactions for Owner’s Equity
Revenue and Expenses
- Recording Transactions for Revenue
- Recording Transactions for Expenses
- Activity - Recording Transactions
General Ledger and Month End Procedures - 1 month
The General Ledger
- What is the General Ledger?
- Why Must the General Ledger Balance?
- Posting to the General Ledger
- Activity - Posting to The General Ledger
The Unadjusted Trial Balance
- What is the Unadjusted Trial Balance?
- Verify Debit and Credit Balances
- Finding Errors
- Activity - Find the Errors
Correcting Entries and Adjusting Entries
- Determine Correcting Entries
- Adjusting Entries and how to Prepare Them
- Posting Correcting Entries and Adjusting Entries to the General Ledger
- Activity - Preparing Entries and Posting to General Ledger
The Adjusted Trial Balance
- Verify the Accuracy of the Adjusted Trial Balance
- Prepare Monthly Bank Reconciliations
- Activity - Prepare a Bank Reconciliation
Closing Procedures and Financial Statements - 1 month
Prepare a Worksheet
- What is a Worksheet?
- Columns Included in the Worksheet
- Completing each Column
The Income Statement
- Review the Worksheet Columns for the Income Statement
- Prepare the Income Statement
- Determine a Profit or Loss
The Balance Sheet
- Review the Worksheet Columns for the Balance Sheet
- Prepare the Balance Sheet
Closing Entries and Statement of Changes in Owner’s Equity
- Prepare Post-closing Entries for Revenue and Expense Accounts
- Prepare a Statement of Changes in Owner’s Equity
- Applying Year-end Steps Monthly or Quarterly
HOW IT WORKS
An invitation into the online classroom will be emailed to you the Wednesday before the class begins. The subject of the email invitation will be "Lern – Classroom Invitation". Please click to accept the invitation, and from there you will create a password and will be able to access the classroom. If you haven't received an invitation by the Thursday before the course begins, please forward your confirmation email to info@ugotclass.org, and a staff member will resend your invitation.
Once inside the online classroom, here's what you can expect:
Participate When You Want
The online classroom is open 24 hours a day, seven days a week. There are no live real-time requirements or meetings. For the best learning, participants should log into the course on 2-3 different days of the week.
What You Will Do
Each course is composed of several units. For each unit, you will:
- Access the online readings
- Listen to the audio presentation for the unit and view the slides
- Take a self-quiz to see how much you have learned
- Engage in written online discussion with your instructor and other participants
The content (readings, audio lectures, slides) and self-quizzes are accessible for the entire course, so you can work ahead, or go back and review again, at your convenience.
Discussion
The discussion for each unit lasts one week. All comments are made in writing and can be made at any time, day or night. Your instructor will log into the discussion area at least once a day and answer questions, make comments, and respond to comments by you and the other participants. We encourage you to make 2-3 comments each day to maximize your learning and enjoyment of the course.
COMPLETION REQUIREMENTS
1. Make at least one comment every week in the discussion.
- The comment should show thought and be more substantive than just “Yes, I agree.” There is no length required for comments.
- Replies to other comments and responses to other participants count as comments (in most cases your instructor values replies and responses as comments).
- Questions and online discussion facilitative comments also count as long as there is some thought to them.
2. Take the self-quiz at the end of every unit.
- You must score 80% or higher.
- You may retake any self-quiz as often as you need to get to the 80% score.
COMPLETION TIMELINE
- The requirements should be completed by the last day of the course.
- Individual instructors may extend the deadline upon request.
- If, for any reason, you are not able to complete the requirements during the course, UGotClass will provide you with their Course Transfer Option. The course Transfer Option allows you to retake any or all of the same UGotClass online course at a future offering within the next 12 months at no extra cost.
RECOGNITION
A pdf Certificate of Completion is issued by Learning Resources Network, Inc. and will list Green River College as its partner organization.
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