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 rec ord 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 (16 hours)
- The Accounting Equation and Categories
- Debits and Credits
- Assets, Liabilities, and Owner’s Equity
- Revenue and Expenses
General Ledger and Month End Procedures (16 hours)
- The General Ledger
- The Unadjusted Trial Balance
- Correcting Entries and Adjusting Entries
- The Adjusted Trial Balance
Closing Procedures and Financial Statements (16 hours)
- Prepare a Worksheet
- The Income Statement
- The Balance Sheet
- Closing Entries and Statement of Changes in Owner’s Equity