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About This Course
Enjoy these Benefits and Start a New Career as a Bookkeeper Today!
  • Have an understanding of bookkeeping basic terms and build strong accounting foundations

  • Be able to recognize the different foundations bookkeeping methods, including accrual and cash accounting

  • Be able to keep a close eye on the health of your business by developing a familiarity with accounts payable and receivable

  • Be able to document financial business movements using a journal entry and general ledger

  • Read, understand and use a balance sheet

  • Recognize the different types of financial transactions and financial statements

  • Understand the importance of creating and monitoring a budget

  • Understand the principles of internal and external auditing


Study Basic Bookkeeping Course, Understand and Implement Basic Bookkeeping Principles

Our courses online make it simple for you to learn basic bookkeeping skills and all you need to run an accounting program. Learn the fundamentals of balancing your books and develop the skills to handle finances professionally without needing to get a degree in accounting or a bookkeeping diploma with the Courses for Success Basic Bookkeeping Course!

Whether you plan to work in medical billing as a pharmacy technician, you want to be an accounting coach to help others, you're interested in doing basic financial reports for your own business, or perhaps you just want to get out of credit card debt, Courses For Success is the career school for you.

Our Basic Bookkeeping course will give you all the skills required to record business transactions accurately, from accounting basics to business administration. More importantly, our course provides essential information that is easy to apply in real situations. So, our comprehensive certificate program gives you all the bookkeeping knowledge and accounting fundamentals needed to help you manage all important financial matters.

By studying our Basic Online Bookkeeping Course, you will learn how to handle financial matters clearly through easy-to-follow video training sessions and online modules. At Courses For Success, our training programs have been carefully developed by leading professionals and validated by industry experts to guarantee you are getting the most up-to-date experience. By enrolling in this online bookkeeping class, you can be confident you are getting the best education possible.  

Basic Bookkeeping Online Course - Requirements

The Basic Bookkeeping Online Certificate Course is delivered 100 percent online 24/7 and only takes 6 to 8 hours of study to complete, providing invaluable career training to future certified public bookkeepers and business owners in no time.

To successfully complete this course, a student must:
  • Have access to the internet and the necessary technical skills to navigate the online learning resources

  • Have access to any mobile device with internet connectivity (laptop, desktop, tablet)

  • Be a self-directed learner

  • Possess sound language and literacy skills

Quick Course Facts
  1. Course content is structured for easy comprehension

  2. Approximately 6 to 8 hours of study are needed to complete the course

  3. Registered students gain unrestricted lifetime access to the Basic Bookkeeping Online Certificate Course

  4. All course material is available online 24/7 and can be accessed using any device

  5. Study online from anywhere in your own time at your own pace

  6. All students who complete the course will be awarded a certificate of completion

Basic Bookkeeping Online Certificate Course - Outline

Module One – Introduction

Module Two – Basic Terminology (Part 1)The first section of the online bookkeeping certificate course introduces you to basic accounting and bookkeeping terminologies. Some of these terms may be familiar to people who already perform simple accounting tasks, manage a small business, or work in human resources and are a necessary starting point for those learning bookkeeping and hoping to embark on a career in bookkeeping. Balance Sheet

A balance sheet is a financial statement that gives you an overview of the assets, liabilities, and owner's equity at a specific point in time. An example balance sheet usually contains information on:

  • Monthly Payments

  • Assets

  • Liabilities

  • Equity

  • Income Statement

  • Revenue

  • Cost of Goods Sold

  • Expenses

  • Accounting Period

Module Three - Basic Terminology (Part 2)

In this section of your bookkeeping class, we take a look at some advanced accounting terms you need to know. This will give you a better understanding of the different processes involved in bookkeeping and online accounting.

  • Accounts Receivable

  • Accounts Payable

  • Depreciation

  • General Ledger

  • Interest

  • Inventory

  • Journals

  • Payroll

  • Trial Balance

Module Four - Accounting Methods

After getting an overview of the basic bookkeeping and accounting terminologies, you will now learn about different accounting methods and payment options for cash, debit and credit transactions. Whether our students want to go into financial accounting, become auditing clerks, or simply learn the ropes to enhance their business management, this is an essential part of bookkeeping training.

In this module, we will start with cash and accrual topics. This simple concept allows you to record the sale or purchase of an item even if you haven’t received payment.

Cash Method

This accounting method means that you will only record the money once you receive it. An example includes recording a cash deposit once the bank receives your cash.

Accrual Method

This method of accounting records income or expenses incurred, regardless of when the actual cash is received or paid. Workdays, for example, are recorded and considered earned income whether the worker has yet to receive the salary.

Module Five – Keeping Track of your Business

In this module, you will learn the importance of keeping track of your business and how it can be very valuable in both the short run and long run. By keeping track of your business, you will learn how to handle your customers, capital, and all the essential details that help to keep your business afloat. These are similar to the skills you might learn in an accounting course or bookkeeping bachelor's degree and include:

  • Accounts Payable

  • Account Receivable

  • The Journal

  • The General Ledger

  • Cash Management

You will also learn the most professional way to request info that is needed to complete your records.

Module Six - Understanding the Balance Sheet

In this part of the basic bookkeeping training class, we will discuss the accounting equation, double-entry accounting, types of assets, types of liabilities, and equity. You will also learn the importance of balance sheets and organization.

  • The Accounting Equation

  • Double-Entry Accounting

  • Types of Assets

  • Types of Liabilities

  • Equity

Module Seven - Other Financial Statements

This module introduces you to other bookkeeping and accounting concepts. These include income, cash flow, capital, and budget versus actual statements. After this part of the course, you will have a better understanding of how to use these methods to run your business more efficiently. Income Statement

An income statement summarizes the amounts of revenue earned and the expenses incurred by your business over a specific period of time. This gives you an overview of revenues and expenditures over a fiscal quarter of the year. Cash Flow Statement

The cash flow statement provides information on the source of the money and how the money was spent during a specific time period. This is critical since it allows you to track its origin, by indicating which types of transactions help create cash flow.

  • Operating cash flow

  • Outbound cash flow

  • Inbound cash flow

Capital Statement

The capital statement contains information on the items that are going to last for longer than one year, like the long term assets of the business. The capital statement keeps track of the owner's account prior, current, and ending balance.

Budget vs. Actual

Budgets are created to help businesses plan for the future and control the long term operations and spending of the company. Past financial statements, for example, can be used as a basis for determining which works and doesn't work.

Actuals refers to revenues or expenses incurred whether or not the cash for these have been received.

Module Eight – Payroll Accounting/Terminology

In this module, we will be discussing several accounting methods and terminologies used in reference to your employees. By completing this part of the course, you will be familiar with all the terms we will be discussing below and ready to hire new employees.

  • Gross Wages

  • Net Wages

  • Employee Tax Withholding

  • Employer Tax Expenses

  • Salary Deferrals

  • Employee Payroll

  • Employee Benefits

  • Tracking Accrued Leave

  • Government Payroll Returns / Reports

Module Nine – End of Period Procedures

In this module, you will be provided with some basic knowledge concerning depreciating your assets, reconciling cash, reconciling investment, working with the trial balance, bad debt, as well as posting adjustments and corrections.

  • Depreciating your Assets

  • Bank Reconciliation

  • Reconciling Cash

  • Reconciling Investments

  • Working with the Trial Balance

  • Bad Debt

  • Posting Adjustments and Corrections

Module Ten - Financial Planning, Budgeting, and Control

After learning all the important bookkeeping and accounting concepts, we now discuss the reasons for budgeting, creating a budget, and comparing budgets to actual expenses.

  • Reasons for Budgeting

  • Creating a Budget

  • Comparing Budget to Actual Expenses

Module Eleven – Auditing

In this module, we will be discussing what an audit is, when, and why you audit, including internal and external audits.

What is an Audit?

An audit refers to the examination and accumulation of financial records to determine if such records and financial statements are following rules of Generally Accepted Accounting Principles (GAAP).

When and Why Would You Audit?

Audits ensure that everybody is on the same page and in accordance with the proper rules and regulations of the GAAP.

Internal

Internal audits are performed by someone hired by a company or within the company. These people need not be a Certified Public Accountant (CPA).

External

External audits are done periodically by an independent entity or one outside of the company. This is to determine if accounts are accurate and complete. All audits are prepared in accordance with the regulations of the GAAP. It ensures that financial records have been done fairly and appropriately.

Module Twelve - Wrapping Up

Your introduction to bookkeeping will wrap up with an assessment, so you can test whether or not you’re ready to take a look at your business’s charts of accounts or go on to complete more advanced online bookkeeping courses. In advanced study, you will learn more about bookkeeping software, accounting software, and other bookkeeping programs such as QuickBooks online.

Upon completion of the Courses For Success Basic Bookkeeping Course, some of our students may even go on to pursue degree programs, careers diplomas, or courses hosted by the National Bookkeepers Association with their newly acquired foundational knowledge.

Recognition & Accreditation

Upon successful completion of this course and achieving a passing score for the assessment, you will be issued with an international continuing education credit (CEU) certificate. This will enable you to more efficiently manage your business finances and business accounts or to commence working as a certified bookkeeper.

This accounting certificate is applicable worldwide, which demonstrates your commitment to learning new skills. You can share the certificate with your friends, relatives, co-workers, and potential employers. Also, include it in your resume/CV, professional social media profiles and job applications. If you want to know more about CFS, view our frequently asked questions to find out more about any certification exam, financial aid or how to pay, and get set to launch your career.

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Units of Study

Module One - Introduction

Module Two - Basic Terminology (Part 1)

  • Balance Sheet
  • Assets
  • Liabilities
  • Equity
  • Income Statement
  • Revenue
  • Cost of Goods Sold
  • Expenses
  • Accounting Period

Module Three - Basic Terminology (Part 2)

  • Accounts Receivable
  • Accounts Payable
  • Depreciation
  • General Ledger
  • Interest
  • Inventory
  • Journals
  • Payroll
  • Trail Balance

Module Four - Accounting Methods

  • Cash Method
  • Accrual Method
  • Differences between Cash and Accrual

Module Five - Keeping Track of you Business

  • Accounts Payable
  • Account Receivable
  • The Journal
  • The General Ledger
  • Cash Management

Module Six - Understanding the Balance Sheet

  • The Accounting Equation
  • Double-Entry Accounting
  • Types of Assets
  • Types of Liabilities
  • Equity

Module Seven - Other Financial Statements

  • Income Statement
  • Cash Flow Statement
  • Capital Statement
  • Budget vs Actual

Module Eight - 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

Module Nine - End of Period Procedures

  • Depreciating your Assets
  • Reconciling Cash
  • Reconciling Investments
  • Working with the Trial Balance
  • Bad Debt
  • Posting Adjustments and Corrections

Module Ten - Financial Planning, Budgeting and Control

  • Reasons for Budgeting
  • Creating a Budget
  • Comparing Budget to Actual Expenses

Module Eleven - Auditing

  • What is an Audit?
  • When and Why would you Audit?
  • Internal
  • External

Module Twelve - Wrapping Up

 

Requirements

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:

Microsoft Windows XP, or laterModern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

OSX/iOS 6 or laterModern and up to date Browser (Firefox, Chrome, Safari)

All systems

Internet bandwidth of 1Mb or fasterFlash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

Requirements

Entry requirements:

Students must have basic literacy and numeracy skills.


Minimum education:

Open entry. Previous schooling and academic achievements are not required for entry into this course.


Device requirements:

Students will need access to a computer/any device and the internet.

FAQS

1.  Who are Courses For Success?

Courses For Success is a course platform that started in 2008
with 5 courses, since then we have grown to over 10,000 online courses.

Our courses span across the following categories:

•Animal    

•Beauty    

•Business    

•Health & Fitness     

•Finance

•Lifestyle    

•IT & Software    

•Personal Development

•Teaching & Academics

2.  Is there a refund/cancellation policy?

Yes, we have a 7-day money-back refund policy.

3.  What is the FREE Personal Success Training Program?

The Personal Success Training Program
was developed by Courses For Success to help our customers achieve
success. Currently, we are offering this program for FREE with every
course or bundle purchase this month. This is a limited time offer!

4.  Are there any requirements to study this course?

No,
anyone who has an interest in learning more about this subject matter
is encouraged to take our course. There are no entry requirements to
take this course.

5.  Do I require to have finished high school to complete this course?

No,
you do not require a High School Diploma or to have finished school to
study this course, this course is open to anyone who would like to take
this course.

6.  What if English is not my first language?

This
course is provided in English, however, due to the digital nature of
our training, you can take your time studying the material and make use
of tools such as google translate and Grammarly.

7.  Is this course online or conducted in person?

All our courses are accessible online on any device. You may complete them at your own pace and at your own time.

8.  How do I receive my course?

After
you have completed the payment, you will receive a confirmation email
and tax receipt. You will also receive an email containing your course
login details (username and password), as well as instructions on how to
access and log in to your course via the internet with any device,
please check your junk/spam folder in the event that you do not receive
the email.

9.  When does this course start?

Providing
you have internet access you can start this course whenever you like,
just go to the login page and insert your username and password and you
can access the online material.

10.  What is online learning like?

Online learning is easy, if not easier than a traditional academic situation.
By studying an online course, the usual boundaries caused by location and time constraints are eliminated, meaning you are free to study where and when you want at your own pace.

Of course, you will need to be able to self-manage your time and be organized, but with our help, you’ll soon find yourself settling into a comfortable rhythm of study.

11.  What computer skills do I need for my course?

You
don't need to be a computer expert to succeed with our online training,
but you should be comfortable typing, using the internet and be capable
of using common software (such as Microsoft word).

12.  How long will you have access to the online course?

The majority of our courses have unlimited lifetime access, meaning you can access this course whenever you want.

Please also check the course summary, as a small selection of courses have limited access.

13.  How long will my course take?

Course duration, is listed under Course Summary

14.  Do I need to buy textbooks?

All the required material for your course is included in the online system, you do not need to buy anything else.

15.  Is the course interactive?

Yes, all our courses are interactive.

16.  Is there an assessment or exam?

Yes,
you will be required to complete a multiple-choice test online at the
end of your course, you can do this test as many times as you require.

17.  What type of certificate will I receive?

You
will receive a Certificate of Completion that is applicable worldwide,
which demonstrates your commitment to learning new skills. You can share
the certificate with your friends, relatives, co-workers and employers.
Also, include it in your resume/CV, professional social media profiles
and job applications.

Wendy Sue Hunt - 5 STAR REVIEW
"If you are considering taking any “Courses for Success”, I would highly recommend it. I have always been a firm believer it’s important to always sharpen your skills. You are never too old to learn more. I found the courses very helpful, interesting and easy to understand.
The term “Courses for Success” helped me in my current position to succeed. After completing the courses, I gave my manager the completion certificates. Recently I received a promotion too."

Valencia Marie Aviles - 5 STAR REVIEW
"I
had a very good experience with my course. It has helped me to get
multiple jobs and prepared me for almost everything I would need to
know. The course was very informative and easy to understand and broken
up perfectly to be done in a short amount of time while still learning a
good amount! I would recommend Courses for Success to anyone trying to
get abs certifications for job advancements, it is well worth it!"

ELENA GRIFFIN - 5 STAR REVIEW
"I have absolutely enjoyed the materials from Courses for Success. The materials are easy to understand which makes learning enjoyable. Courses for Success have great topics of interest which make you come back for
more.
Thank you Courses for Success for being part of my learning journey and making education affordable!"

Our
completion certificates are very valuable and will help you progress in
your work environment and show employers how committed you are to learn
new skills, you might even get a promotion.

18.  Will this course be credited by universities?

No, it is not equivalent to a college or university credit.

19.  Am I guaranteed to get a job with this certificate?

This course will give you the skills you need to help you obtain employment, but it’s up to you if you get the job or not.

20.  How will this course assist me with my career?

Studying
and completing this course will show employers that you have the
knowledge in this field, additionally you will gain more confidence in
this area of expertise.

21.  How long is the certificate valid for?

The Certificates are valid for life and do not need renewing. 

22.  Can I take more than one course at a time?

Courses
are studied online at your own pace and you are free to study as many
or as few courses as you wish, we also offer online course bundles that
allow you to save on additional courses so that you may get all the
topics related to your training goals in one go.

23.  What are the Payment Methods available? Is there a payment plan?

We accept payments via PayPal, Credit Card and Bank Transfer.

Payment Plans: We have partnered with Partial.ly, to offer our own in house payment plan. Everyone is Pre-Approved, providing the initial deposit is paid in full.

To pay via bank transfer contact us info@coursesforsuccess.com

24.  Can I purchase for multiple people?

Yes, you can do this by purchasing individually via website or send us a request via email at info@coursesforsuccess.com

25.  Can I request for an invoice before purchase?

Yes, you can request for an invoice via email at info@coursesforsuccess.com

26.  Purchase for a gift?

Yes, you can purchase this course as a gift, simply send an email to info@coursesforsuccess.com, with the course details and we can accommodate this.

27.  Can I create my own course bundle?

Yes,
you can customize your own bundle. Please send us the complete list
with the exact course link of the courses you'd like to bundle up via
email info@coursesforsuccess.com and we will create them for you. *Each course access, time of completion and certification varies depending on the course type.

28.  How will I contact Courses For Success if I have any questions?

You can contact our support team, at any time through live chat on our website, or email at info@coursesforsuccess.com, or by calling one of our phone numbers depending on which country you are in.  

Free Personal Success Training Course

The Personal Success Training Program Helps You Stay Focused To Achieve Your Goals!

Today, we are providing it for Free with all Course Purchases, as a special offer!

Benefits:

• How to layout a Success Plan.

• Get where you want to be in life.

• How to unclutter your mind to succeed.

• Achieve your dreams using your imagination.

• How to have faith in yourself.

Features:

• Life time access

• Complement your individual course purchase.

• Click here Personal Success Training Program to see thousands of positive reviews,

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Course Bundles

Looking for specific training for yourself or employees. Choose from our Course Bundles below or build you own Bundle, by adding more courses to your cart. Choose different courses or the same course for multiple staff members and receive volume discounts at checkout.

Course Bundles

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Bookkeeping Online Certificate Course

Save 50% Save 50%
Original price USD $399
Original price $399 - Original price $399
Original price USD $399
Current price USD $199
USD $199 - USD $199
Current price USD $199

"I really enjoyed learning the fundamentals of Bookkeeping as I got further into the course it gave me a better understanding of the terminology and how various reports are used." - Stacey S. Verified Buyer. 

This online certificate course will give you the foundations you need to understand bookkeeping basics and build strong accounting knowledge. Learn to recognize the different methods of bookkeeping, including cash and accrual accounting. Get the skills to help you excel in your career.

Bundle Up & Save - Learn More and Save More when you Upgrade to one of our Course Bundles below - Save Up To 98%

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Course Summary

  • Delivery: Online
  • Access: Unlimited Lifetime
  • Time: Study at your own pace
  • Duration: 6-8 Hours
  • Assessments: Yes
  • Qualification: Certificate
About This Course
Enjoy these Benefits and Start a New Career as a Bookkeeper Today!
  • Have an understanding of bookkeeping basic terms and build strong accounting foundations

  • Be able to recognize the different foundations bookkeeping methods, including accrual and cash accounting

  • Be able to keep a close eye on the health of your business by developing a familiarity with accounts payable and receivable

  • Be able to document financial business movements using a journal entry and general ledger

  • Read, understand and use a balance sheet

  • Recognize the different types of financial transactions and financial statements

  • Understand the importance of creating and monitoring a budget

  • Understand the principles of internal and external auditing


Study Basic Bookkeeping Course, Understand and Implement Basic Bookkeeping Principles

Our courses online make it simple for you to learn basic bookkeeping skills and all you need to run an accounting program. Learn the fundamentals of balancing your books and develop the skills to handle finances professionally without needing to get a degree in accounting or a bookkeeping diploma with the Courses for Success Basic Bookkeeping Course!

Whether you plan to work in medical billing as a pharmacy technician, you want to be an accounting coach to help others, you're interested in doing basic financial reports for your own business, or perhaps you just want to get out of credit card debt, Courses For Success is the career school for you.

Our Basic Bookkeeping course will give you all the skills required to record business transactions accurately, from accounting basics to business administration. More importantly, our course provides essential information that is easy to apply in real situations. So, our comprehensive certificate program gives you all the bookkeeping knowledge and accounting fundamentals needed to help you manage all important financial matters.

By studying our Basic Online Bookkeeping Course, you will learn how to handle financial matters clearly through easy-to-follow video training sessions and online modules. At Courses For Success, our training programs have been carefully developed by leading professionals and validated by industry experts to guarantee you are getting the most up-to-date experience. By enrolling in this online bookkeeping class, you can be confident you are getting the best education possible.  

Basic Bookkeeping Online Course - Requirements

The Basic Bookkeeping Online Certificate Course is delivered 100 percent online 24/7 and only takes 6 to 8 hours of study to complete, providing invaluable career training to future certified public bookkeepers and business owners in no time.

To successfully complete this course, a student must:
  • Have access to the internet and the necessary technical skills to navigate the online learning resources

  • Have access to any mobile device with internet connectivity (laptop, desktop, tablet)

  • Be a self-directed learner

  • Possess sound language and literacy skills

Quick Course Facts
  1. Course content is structured for easy comprehension

  2. Approximately 6 to 8 hours of study are needed to complete the course

  3. Registered students gain unrestricted lifetime access to the Basic Bookkeeping Online Certificate Course

  4. All course material is available online 24/7 and can be accessed using any device

  5. Study online from anywhere in your own time at your own pace

  6. All students who complete the course will be awarded a certificate of completion

Basic Bookkeeping Online Certificate Course - Outline

Module One – Introduction

Module Two – Basic Terminology (Part 1)The first section of the online bookkeeping certificate course introduces you to basic accounting and bookkeeping terminologies. Some of these terms may be familiar to people who already perform simple accounting tasks, manage a small business, or work in human resources and are a necessary starting point for those learning bookkeeping and hoping to embark on a career in bookkeeping. Balance Sheet

A balance sheet is a financial statement that gives you an overview of the assets, liabilities, and owner's equity at a specific point in time. An example balance sheet usually contains information on:

  • Monthly Payments

  • Assets

  • Liabilities

  • Equity

  • Income Statement

  • Revenue

  • Cost of Goods Sold

  • Expenses

  • Accounting Period

Module Three - Basic Terminology (Part 2)

In this section of your bookkeeping class, we take a look at some advanced accounting terms you need to know. This will give you a better understanding of the different processes involved in bookkeeping and online accounting.

  • Accounts Receivable

  • Accounts Payable

  • Depreciation

  • General Ledger

  • Interest

  • Inventory

  • Journals

  • Payroll

  • Trial Balance

Module Four - Accounting Methods

After getting an overview of the basic bookkeeping and accounting terminologies, you will now learn about different accounting methods and payment options for cash, debit and credit transactions. Whether our students want to go into financial accounting, become auditing clerks, or simply learn the ropes to enhance their business management, this is an essential part of bookkeeping training.

In this module, we will start with cash and accrual topics. This simple concept allows you to record the sale or purchase of an item even if you haven’t received payment.

Cash Method

This accounting method means that you will only record the money once you receive it. An example includes recording a cash deposit once the bank receives your cash.

Accrual Method

This method of accounting records income or expenses incurred, regardless of when the actual cash is received or paid. Workdays, for example, are recorded and considered earned income whether the worker has yet to receive the salary.

Module Five – Keeping Track of your Business

In this module, you will learn the importance of keeping track of your business and how it can be very valuable in both the short run and long run. By keeping track of your business, you will learn how to handle your customers, capital, and all the essential details that help to keep your business afloat. These are similar to the skills you might learn in an accounting course or bookkeeping bachelor's degree and include:

  • Accounts Payable

  • Account Receivable

  • The Journal

  • The General Ledger

  • Cash Management

You will also learn the most professional way to request info that is needed to complete your records.

Module Six - Understanding the Balance Sheet

In this part of the basic bookkeeping training class, we will discuss the accounting equation, double-entry accounting, types of assets, types of liabilities, and equity. You will also learn the importance of balance sheets and organization.

  • The Accounting Equation

  • Double-Entry Accounting

  • Types of Assets

  • Types of Liabilities

  • Equity

Module Seven - Other Financial Statements

This module introduces you to other bookkeeping and accounting concepts. These include income, cash flow, capital, and budget versus actual statements. After this part of the course, you will have a better understanding of how to use these methods to run your business more efficiently. Income Statement

An income statement summarizes the amounts of revenue earned and the expenses incurred by your business over a specific period of time. This gives you an overview of revenues and expenditures over a fiscal quarter of the year. Cash Flow Statement

The cash flow statement provides information on the source of the money and how the money was spent during a specific time period. This is critical since it allows you to track its origin, by indicating which types of transactions help create cash flow.

  • Operating cash flow

  • Outbound cash flow

  • Inbound cash flow

Capital Statement

The capital statement contains information on the items that are going to last for longer than one year, like the long term assets of the business. The capital statement keeps track of the owner's account prior, current, and ending balance.

Budget vs. Actual

Budgets are created to help businesses plan for the future and control the long term operations and spending of the company. Past financial statements, for example, can be used as a basis for determining which works and doesn't work.

Actuals refers to revenues or expenses incurred whether or not the cash for these have been received.

Module Eight – Payroll Accounting/Terminology

In this module, we will be discussing several accounting methods and terminologies used in reference to your employees. By completing this part of the course, you will be familiar with all the terms we will be discussing below and ready to hire new employees.

  • Gross Wages

  • Net Wages

  • Employee Tax Withholding

  • Employer Tax Expenses

  • Salary Deferrals

  • Employee Payroll

  • Employee Benefits

  • Tracking Accrued Leave

  • Government Payroll Returns / Reports

Module Nine – End of Period Procedures

In this module, you will be provided with some basic knowledge concerning depreciating your assets, reconciling cash, reconciling investment, working with the trial balance, bad debt, as well as posting adjustments and corrections.

  • Depreciating your Assets

  • Bank Reconciliation

  • Reconciling Cash

  • Reconciling Investments

  • Working with the Trial Balance

  • Bad Debt

  • Posting Adjustments and Corrections

Module Ten - Financial Planning, Budgeting, and Control

After learning all the important bookkeeping and accounting concepts, we now discuss the reasons for budgeting, creating a budget, and comparing budgets to actual expenses.

  • Reasons for Budgeting

  • Creating a Budget

  • Comparing Budget to Actual Expenses

Module Eleven – Auditing

In this module, we will be discussing what an audit is, when, and why you audit, including internal and external audits.

What is an Audit?

An audit refers to the examination and accumulation of financial records to determine if such records and financial statements are following rules of Generally Accepted Accounting Principles (GAAP).

When and Why Would You Audit?

Audits ensure that everybody is on the same page and in accordance with the proper rules and regulations of the GAAP.

Internal

Internal audits are performed by someone hired by a company or within the company. These people need not be a Certified Public Accountant (CPA).

External

External audits are done periodically by an independent entity or one outside of the company. This is to determine if accounts are accurate and complete. All audits are prepared in accordance with the regulations of the GAAP. It ensures that financial records have been done fairly and appropriately.

Module Twelve - Wrapping Up

Your introduction to bookkeeping will wrap up with an assessment, so you can test whether or not you’re ready to take a look at your business’s charts of accounts or go on to complete more advanced online bookkeeping courses. In advanced study, you will learn more about bookkeeping software, accounting software, and other bookkeeping programs such as QuickBooks online.

Upon completion of the Courses For Success Basic Bookkeeping Course, some of our students may even go on to pursue degree programs, careers diplomas, or courses hosted by the National Bookkeepers Association with their newly acquired foundational knowledge.

Recognition & Accreditation

Upon successful completion of this course and achieving a passing score for the assessment, you will be issued with an international continuing education credit (CEU) certificate. This will enable you to more efficiently manage your business finances and business accounts or to commence working as a certified bookkeeper.

This accounting certificate is applicable worldwide, which demonstrates your commitment to learning new skills. You can share the certificate with your friends, relatives, co-workers, and potential employers. Also, include it in your resume/CV, professional social media profiles and job applications. If you want to know more about CFS, view our frequently asked questions to find out more about any certification exam, financial aid or how to pay, and get set to launch your career.

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Units of Study

Module One - Introduction

Module Two - Basic Terminology (Part 1)

  • Balance Sheet
  • Assets
  • Liabilities
  • Equity
  • Income Statement
  • Revenue
  • Cost of Goods Sold
  • Expenses
  • Accounting Period

Module Three - Basic Terminology (Part 2)

  • Accounts Receivable
  • Accounts Payable
  • Depreciation
  • General Ledger
  • Interest
  • Inventory
  • Journals
  • Payroll
  • Trail Balance

Module Four - Accounting Methods

  • Cash Method
  • Accrual Method
  • Differences between Cash and Accrual

Module Five - Keeping Track of you Business

  • Accounts Payable
  • Account Receivable
  • The Journal
  • The General Ledger
  • Cash Management

Module Six - Understanding the Balance Sheet

  • The Accounting Equation
  • Double-Entry Accounting
  • Types of Assets
  • Types of Liabilities
  • Equity

Module Seven - Other Financial Statements

  • Income Statement
  • Cash Flow Statement
  • Capital Statement
  • Budget vs Actual

Module Eight - 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

Module Nine - End of Period Procedures

  • Depreciating your Assets
  • Reconciling Cash
  • Reconciling Investments
  • Working with the Trial Balance
  • Bad Debt
  • Posting Adjustments and Corrections

Module Ten - Financial Planning, Budgeting and Control

  • Reasons for Budgeting
  • Creating a Budget
  • Comparing Budget to Actual Expenses

Module Eleven - Auditing

  • What is an Audit?
  • When and Why would you Audit?
  • Internal
  • External

Module Twelve - Wrapping Up

 

Requirements

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:

Microsoft Windows XP, or laterModern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

OSX/iOS 6 or laterModern and up to date Browser (Firefox, Chrome, Safari)

All systems

Internet bandwidth of 1Mb or fasterFlash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

Requirements

Entry requirements:

Students must have basic literacy and numeracy skills.


Minimum education:

Open entry. Previous schooling and academic achievements are not required for entry into this course.


Device requirements:

Students will need access to a computer/any device and the internet.

FAQS

1.  Who are Courses For Success?

Courses For Success is a course platform that started in 2008
with 5 courses, since then we have grown to over 10,000 online courses.

Our courses span across the following categories:

•Animal    

•Beauty    

•Business    

•Health & Fitness     

•Finance

•Lifestyle    

•IT & Software    

•Personal Development

•Teaching & Academics

2.  Is there a refund/cancellation policy?

Yes, we have a 7-day money-back refund policy.

3.  What is the FREE Personal Success Training Program?

The Personal Success Training Program
was developed by Courses For Success to help our customers achieve
success. Currently, we are offering this program for FREE with every
course or bundle purchase this month. This is a limited time offer!

4.  Are there any requirements to study this course?

No,
anyone who has an interest in learning more about this subject matter
is encouraged to take our course. There are no entry requirements to
take this course.

5.  Do I require to have finished high school to complete this course?

No,
you do not require a High School Diploma or to have finished school to
study this course, this course is open to anyone who would like to take
this course.

6.  What if English is not my first language?

This
course is provided in English, however, due to the digital nature of
our training, you can take your time studying the material and make use
of tools such as google translate and Grammarly.

7.  Is this course online or conducted in person?

All our courses are accessible online on any device. You may complete them at your own pace and at your own time.

8.  How do I receive my course?

After
you have completed the payment, you will receive a confirmation email
and tax receipt. You will also receive an email containing your course
login details (username and password), as well as instructions on how to
access and log in to your course via the internet with any device,
please check your junk/spam folder in the event that you do not receive
the email.

9.  When does this course start?

Providing
you have internet access you can start this course whenever you like,
just go to the login page and insert your username and password and you
can access the online material.

10.  What is online learning like?

Online learning is easy, if not easier than a traditional academic situation.
By studying an online course, the usual boundaries caused by location and time constraints are eliminated, meaning you are free to study where and when you want at your own pace.

Of course, you will need to be able to self-manage your time and be organized, but with our help, you’ll soon find yourself settling into a comfortable rhythm of study.

11.  What computer skills do I need for my course?

You
don't need to be a computer expert to succeed with our online training,
but you should be comfortable typing, using the internet and be capable
of using common software (such as Microsoft word).

12.  How long will you have access to the online course?

The majority of our courses have unlimited lifetime access, meaning you can access this course whenever you want.

Please also check the course summary, as a small selection of courses have limited access.

13.  How long will my course take?

Course duration, is listed under Course Summary

14.  Do I need to buy textbooks?

All the required material for your course is included in the online system, you do not need to buy anything else.

15.  Is the course interactive?

Yes, all our courses are interactive.

16.  Is there an assessment or exam?

Yes,
you will be required to complete a multiple-choice test online at the
end of your course, you can do this test as many times as you require.

17.  What type of certificate will I receive?

You
will receive a Certificate of Completion that is applicable worldwide,
which demonstrates your commitment to learning new skills. You can share
the certificate with your friends, relatives, co-workers and employers.
Also, include it in your resume/CV, professional social media profiles
and job applications.

Wendy Sue Hunt - 5 STAR REVIEW
"If you are considering taking any “Courses for Success”, I would highly recommend it. I have always been a firm believer it’s important to always sharpen your skills. You are never too old to learn more. I found the courses very helpful, interesting and easy to understand.
The term “Courses for Success” helped me in my current position to succeed. After completing the courses, I gave my manager the completion certificates. Recently I received a promotion too."

Valencia Marie Aviles - 5 STAR REVIEW
"I
had a very good experience with my course. It has helped me to get
multiple jobs and prepared me for almost everything I would need to
know. The course was very informative and easy to understand and broken
up perfectly to be done in a short amount of time while still learning a
good amount! I would recommend Courses for Success to anyone trying to
get abs certifications for job advancements, it is well worth it!"

ELENA GRIFFIN - 5 STAR REVIEW
"I have absolutely enjoyed the materials from Courses for Success. The materials are easy to understand which makes learning enjoyable. Courses for Success have great topics of interest which make you come back for
more.
Thank you Courses for Success for being part of my learning journey and making education affordable!"

Our
completion certificates are very valuable and will help you progress in
your work environment and show employers how committed you are to learn
new skills, you might even get a promotion.

18.  Will this course be credited by universities?

No, it is not equivalent to a college or university credit.

19.  Am I guaranteed to get a job with this certificate?

This course will give you the skills you need to help you obtain employment, but it’s up to you if you get the job or not.

20.  How will this course assist me with my career?

Studying
and completing this course will show employers that you have the
knowledge in this field, additionally you will gain more confidence in
this area of expertise.

21.  How long is the certificate valid for?

The Certificates are valid for life and do not need renewing. 

22.  Can I take more than one course at a time?

Courses
are studied online at your own pace and you are free to study as many
or as few courses as you wish, we also offer online course bundles that
allow you to save on additional courses so that you may get all the
topics related to your training goals in one go.

23.  What are the Payment Methods available? Is there a payment plan?

We accept payments via PayPal, Credit Card and Bank Transfer.

Payment Plans: We have partnered with Partial.ly, to offer our own in house payment plan. Everyone is Pre-Approved, providing the initial deposit is paid in full.

To pay via bank transfer contact us info@coursesforsuccess.com

24.  Can I purchase for multiple people?

Yes, you can do this by purchasing individually via website or send us a request via email at info@coursesforsuccess.com

25.  Can I request for an invoice before purchase?

Yes, you can request for an invoice via email at info@coursesforsuccess.com

26.  Purchase for a gift?

Yes, you can purchase this course as a gift, simply send an email to info@coursesforsuccess.com, with the course details and we can accommodate this.

27.  Can I create my own course bundle?

Yes,
you can customize your own bundle. Please send us the complete list
with the exact course link of the courses you'd like to bundle up via
email info@coursesforsuccess.com and we will create them for you. *Each course access, time of completion and certification varies depending on the course type.

28.  How will I contact Courses For Success if I have any questions?

You can contact our support team, at any time through live chat on our website, or email at info@coursesforsuccess.com, or by calling one of our phone numbers depending on which country you are in.  

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Course Bundles

Looking for specific training for yourself or employees. Choose from our Course Bundles below or build you own Bundle, by adding more courses to your cart. Choose different courses or the same course for multiple staff members and receive volume discounts at checkout.

Course Bundles