Time & Day: Wednesdays, 8:30 am – 12:30 pm
Start Date: Sept 28, 2022 End Date: Nov 30, 2022
Location: Online Course, Zoom
Instructor: Rick McMullen
Program Length: 10 weeks

Learning Outcomes:

• Understanding accounting definitions
• Identifying financial tools – deposit book, sales invoices, payment devices, online storage, log book, and online payroll calculator
• Knowing the role of the auditor and audit proofing
• Understanding the financial organization – controlling, protecting, organizing paper flow, and storage
• Identifying the components of basic bookkeeping – debits, credits, journal entries, and different options for accounting systems
• Reading, preparing and improving basic financial statements – income statement, trial balance, and balance sheet
• Completing government reporting – requirements and process of completing
• Understanding various tax issues and the process of filing taxes
• Understanding computerization options – Sage 50, QuickBooks, and mobile applications
• Pricing products and services
• Budgeting A-Z – personal requirements, budget for business, and excel spreadsheet introduction (prepared manually)
• Completing a cash flow projection
• Analyzing financial data – liquidity, solvency, turnovers and comparison to industry standards
• Reviewing all concepts of accounting activity