Bookkeeping in a Digital World

This introductory course is ideal for professionals in the bookkeeping tax and financial services who wish to train their own administrative staff to prepare company books, or train staff to prepare books for others. It is an excellent course for bookkeepers who may know how to operate the software, but have not taken a theoretical accounting course.

Students will gain a sound working knowledge of how to set up a CRA-compliant bookkeeping system for a small business; how to analyze transactions and report these within the accounting cycle in a double-entry bookkeeping system using accounting software, and then present financial statements to the accountant for tax preparation and review. Learners will also gain an understanding and appreciation for the professional and ethical requirements of a bookkeeper.

As well, learners will acquire the ability to analyze and report transactions that require knowledge of GAAP; an expert understanding of the accounting equation, T accounts, and debits and credits. Students will also have a basic understanding of the tax structure imposed on businesses and achieve a sound ethical compass, expert organizational skill, the ability to seek out and correct accounting errors and inconsistencies, expert data entry skills, and a sound understanding of financial statements.