Online Accounting Training Program

The Accounting Certificate program provides students with new job skills or refines existing accounting knowledge to advance in a current position, improve performance in a current business or prepare for further training.

Upon completion of the program, students will be able to:

• Recognize the opportunities in the accounting field; identify types of business organizations
• Outline the procedures involved in journalizing, posting and preparing the basic financial statements of an enterprise. Recognize the differences between categories of documents
• Recognize the elements of planning, organizing, leading, and controlling as they pertain to business and management
• Demonstrate effective quantitative skills in basic mathematical operations pertaining to the business environment
• Outline the accounting methods for depreciation computation, and stock and bond transactions. Recognize the procedures for computing gains or losses on trade-ins and sales of long term assets. Differentiate among the criteria used in accounting partnerships
• Demonstrate an understanding of how to compose and revise professional business correspondence, such as memos, letters, emails, and forms

Opportunities in accounting; types of business organizations; the nature of accounting.

Transactions and their effect on financial reports; determining the profitability of operations; analyzing the owner's interest in a business; the statement of cash flows; recording transactions; journal entries and posting to accounts; periodic adjustments; closing the accounts; the work sheet; a comprehensive review of the accounting cycle for a service business; accounts and procedures for a merchandising business; preparation of work sheet, financial statements, and closing entries; special journals; payroll accounting; payroll taxes on the employer.

Supplement: Bookkeeping and Accounting in Canada

Definition of management; history of management; planning and leadership; organization and control; future of management.

Textbook: A Real World Approach

Basic operations and business basics; applications.

Textbook: Mathematics for Business

Accounting for cash; accounting for receivables; notes receivables; accounting for short-term investments; accounting for inventories; accounting for the acquisition and depreciation of property, plant, and equipment; accounting for natural resources and long-lived intangible assets; accounting for long-term investments; accounting for current liabilities; accounting for long-term liabilities; accounting principles and concepts; accounting for partnerships; division of partnership earnings; terminating a partnership; accounting for corporations; retained earnings; consolidated statements; accounting cycle for a firm operating as a corporation; instructions for handling accounting transactions.

Supplement: Internal Control

A description of the parts of a sentence; how to use the parts of speech to write effectively; subject-verb agreement; use of the active voice; effective use of modifiers; producing correct, polished writing for business; common grammatical problems; descriptions of punctuation marks and the purpose of each; using punctuation to properly document research sources; rules of capitalization; writing complete, correctly structured sentences and unified, coherent paragraphs; sentence length and variety; avoiding run-ons and fragments; constructing organized paragraphs; using particular patterns of organization, content, and language to most effectively convey a specific idea to a specific audience; revising, editing, and proofreading; composing clear, courteous, and complete messages; formatting and etiquette for letters, email, memos, and forms.

Reference: Introduction to Writing