Bookkeeping 2 - Accounting Essentials

Course Description

Through the application of knowledge acquired in Bookkeeping 1 - Basics, learn how to do month-ends and year-ends by learning the accounting cycle. Learn how adjusting, closing and reversing entries accomplish the continuous recording of business transactions. Every Balance Sheet and Income Statement account is reviewed to match the revenue and expenses at a cut-off date. Emphasis is given to recording entries for petty cash, receivables, bad debts, inventories, fixed assets, depreciation, accruals, partnership and corporation entries. Gain the knowledge to reduce the use of professional accounting services. This is a valid course for Canadian Payroll Association certification. This is a concentrated and robust learning experience complete with extensive in-class exercises. See Course Outline. Read Course Reviews.

Required Prerequisites

Bookkeeping 1 - Basics

It is the responsibility of the student to ensure that prerequisites are met. For more information, contact us at 403-777-7550 or email us at chinookconted@cbe.ab.ca.

This Course is Part of the Following Certificate(s) and/or Course Series:

• Bookkeeping Boot Camp

• Bookkeeping Principles & QuickBooks

Certificate programs at Chinook are available in a variety of disciplines and formats and can be completed in a short period of time. Certificate courses can be taken individually, and some courses can be applied towards more than one certificate. Participants are required to Register to receive a certificate. Course Series let you bundle, save time and money.