Module 1

• Basic Terminology (I)
• Balance Sheet
• Assets
• Liabilities
• Equity
• Income Statement
• Revenue
• Cost of Goods Sold
• Expenses
• Accounting Period
• Review

Module 2

• Basic Terminology (II)
• Accounts Receivable
• Accounts Payable
• Depreciation
• General Ledger
• Interest
• Inventory
• Journals
• Payroll
• Trial Balance
• Review

Module 3

• Accounting Methods
• Cash Method
• Accrual Method
• Differences Between Cash and Accrual
• Knowledge Check

Module 4

• Keeping Track of Your Business
• Accounts Payable
• Accounts Receivable
• The Journal
• The General Ledger
• Cash Management
• Knowledge Check

Module 5

• Understanding the Balance Sheet
• The Accounting Equation
• Double-Entry Accounting
• Types of Assets
• Types of Liabilities
• Equity
• Knowledge Check

Module 6

• Other Financial Statements
• Income Statement
• Cash Flow Statement
• Capital Statement
• Budget Vs. Actual
• Knowledge Check

Module 7

• Payroll Accounting / Terminology
• Gross Wages
• Net Wages
• Employee Tax Withholding’s
• Employer Tax Expenses
• Salary Deferrals
• Employee Payroll
• Employee Benefits
• Tracking Accrued Leave
• Government Payroll Returns/Reports
• Review

Module 8

• End of Period Procedures
• Depreciating Your Assets
• Reconciling Cash
• Reconciling Investments
• Working with the Trial Balance
• Bad Debt
• Posting Adjustments and Corrections
• Knowledge Check

Module 9

• Financial Planning, Budgeting and Control
• Reasons for Budgeting
• Creating a Budget
• Comparing Budget to Actual Expenses
• Knowledge Check

Module 10

• Auditing
• What is an Audit?
• When and Why Would You Audit?
• Internal
• External
• Knowledge Check

Assessment

• Post-Test