Professional Bookkeeping w/ QuickBooks Pro

Are you well organized? Do you like working with official papers and enjoy seeing a set of figures add up properly? If so, Our Professional Bookkeeping Specialist program could be the just what you are looking for! Our program teaches you QuickBooks, bookkeeping, and the most recent Microsoft Office products.

Professional Bookkeeping
Professional Bookkeeping Module 1
Setting Up Your Accounting System

Bookkeeping and Accounting Basics
Chart of Accounts
Debits vs. Credits
Double-Entry Accounting
Using Journal Entries and Ledgers
Choosing an Accounting Method
Cash and Accrual Basis
Professional Bookkeeping Module 2
Recording Accounting Transactions

Business Transactions
Managing Bookkeeping and Accounting System
End-of-Period Procedures
Tracking Purchases
Tracking Inventory
Collecting on Cash Sales
Processing Employee Payroll and Benefits
Taxing Payrolls
Professional Bookkeeping Module 3
Adjusting and Closing Entries

Depreciating Your Assets
Paying and Collecting Interest
Proving Out the Cash
Closing Cash Journals
Reconciling Accounts and Closing Journal Entries
Checking Your Accuracy
Working with Trial Balance
Developing a Financial Statement Worksheet
Adjusting the Books
Professional Bookkeeping Module 4
Preparing Income Statements and Balance Sheets

Origins of Accounting Standards
Understanding the Nature of Profit
Preparing Income Statements Related to Profit
Assessing the Balance Sheet’s Asset Section
Accounting for Liabilities
Keeping Current Liabilities Under Control
Capital Stock
Coupling the Income Statement and Balance Sheet
Professional Bookkeeping Module 5
Reporting on Financial Statements

Clarifying the Values of Assets in Balance Sheets
Introducing Business Valuation
Cash Flows and Changes in Equity
Difference Between Cash and Profit
Analyzing Financial Statements
Explanatory Notes and Disclosures
Reports to Shareholders
Professional Bookkeeping Module 6
Planning and Budgeting for Business

Incorporating Your Business
Choosing a Legal Structure for a Business
Outlining a Basic Business Plan
Budgeting Basics
Budgeting with Cash or Accrual Accounting
Long-Term Obligations
Professional Bookkeeping Module 7
Business Decisions

Estimating Costs with Job Costing
Performing Activity-Based Costing
Examining Contribution Margins
Accounting for Change with Variance Analysis
Smart Pricing Decisions
Financial Formulas
Professional Bookkeeping Module 8
Cash and Purchasing

Identifying Costs and Matching Costs with Revenue
Satisfying the Matching Principle
Inventory Cost Flow Assumptions
Inventory Types
Incremental and Opportunity Costs
Interpreting Financial Results
Reviewing Profit and Earnings
Maximizing Business Value
Professional Bookkeeping Module 9
Auditing and Detecting Financial Fraud

Sarbanes-Oxley Regulation
Preventing Cash Losses from Embezzlement and Fraud
Assessing Audit Risk
Collecting and Documenting Audit Evidence
Auditing a Client’s Internal Controls
Five Components of Internal Controls
Common Fraud Schemes
Financial Statement Fraud
**Outlines are subject to change, as courses and materials are updated.**

QuickBooks® Pro
QuickBooks Pro Module 1
An Accounting Primer

Principles of Accounting
Double-Entry Bookkeeping
Accounts Receivable
Inventory Accounting
Recording Accounts Payable Transactions
Accounting for Fixed Assets
Recognizing Liabilities
Closing Out Revenue and Expense Accounts
QuickBooks Pro Module 2
Setting Up QuickBooks

Planning Your New System
Installing QuickBooks
QuickBooks Setup Wizard
Identifying the Starting Trial Balance
Loading the Master File Lists
Setting Up QuickBooks Preferences
Specifying Reports and Graphs
QuickBooks Pro Module 3
Bookkeeping Basics

Invoicing Customers
Recording Sales Receipts and Credit Memos
Paying Vendors
Paying Bills
Tracking Inventory and Items
Managing Cash and Bank Accounts
Reconciling Bank Accounts
Setting Up Payroll
Paying Employees
QuickBooks Pro Module 4
Accounting Chores

Working with QuickBooks Journal Entries
Reviewing the Accountant and Tax Reports
Preparing Financial Statements and Reports
Preparing a Budget
Using Activity-Based Costing
Setting Up Project and Job Costing Systems
QuickBooks Pro Module 5
Financial Management

Ratio Analysis
Liquidity and Leverage Ratios
Activity and Profitability Ratios
Economic Value-Added Analysis
Capital Budgeting
Measuring Liquidity
Thinking About Risk
QuickBooks Pro Module 6
Business Plans

Profit-Volume-Cost Analysis
Calculating Break-Event Points
Creating a Business Forecast
Reviewing Financial Statements and Ratios
Using the Business Plan Workbook
Writing a Business Plan
Strategic Plans
QuickBooks Pro Module 7
Administering QuickBooks and Protecting Data

Keeping Data Confidential
Using Audit Trails
Simultaneous Multiuser Access
Backing Up the QuickBooks Data File
Restoring a QuickBooks Data File
Condensing the QuickBooks Company Files
Troubleshooting
**Outlines are subject to change, as courses and materials are updated.**

All required reference materials are provided with this program. Technical requirements:

Internet Connection
• Broadband or High-Speed (DSL, Cable, Wireless)
Hardware Requirements
• Processor - 2GHz Processor or Higher
• Memory - 1 GB RAM Minimum Recommended

Software Requirements
• Operating Systems - Windows 7, 8 or 10; Mac OS x 10 or higher
• Microsoft Office 2007, 2010 or 2013 or a Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx)
• Internet Browsers - Google Chrome is highly recommended
• Cookies MUST be enabled
• Pop-ups MUST be allowed (Pop-up Blocker disabled)
• Adobe PDF Reader

Upon successful completion of our Professional Bookkeeping course, students will be prepared, in part, to sit for the American Institute of Professional Bookkeeper's (AIPB) Certified Bookkeeper exam. Candidates must also submit proof of at least two years of full time or 3,000 hours of part-time work experience before or after taking the exam. Candidates have 3 years from the exam date to fulfill this requirement.

Note: This course is not affiliated with, nor has it been endorsed by the American Institute of Professional Bookkeepers

This course provides students with qualified support professionals to guide them through their learning experience. The student support team is available to answer any questions a learner may have including questions on course content, course material, certifications, and registration or enrollment questions. Support advisers also monitor the progress of learners to ensure training retention and program advancement.