Accounting
Our programs help businesses expand that provide employees with innovative ways to keep motivation, improve productivity as well as growing professional skills.
The programs can help individual employees who need a professional training , so our students can enjoy greater job fulfillment and perform more effectively.
ACCOUNTING I
Our Career Training in Accounting 1 is an intensive training that introduces you from fundamental bookkeeping and payroll to intermediate financial accounting and computerized accounting. This training covers three major courses:
In this training, you will acquire not only the basic bookkeeping skills, but also enable you to make the adjusting entries and prepare the financial statements. You will also be able to apply Canadian payroll compliance knowledge to manage employee records and to effectively communicate all aspects of the individual pay calculation process to external and internal stakeholders. This training is designed for beginning students or for those wishing to upgrade their skills. As no prerequisites or applications are required, everyone is welcome to register.
Financial Accounting Level 1 (28 hours)
Course Description
This course is a beginning approach to manual accounting. You will lean the theory and practice of accounting; includes procedures in the accounting cycle from journalizing, posting, and the trial balance through the preparation of financial statements, adjusting and closing entries, and the post-closing trial balance. Application of principles is made to service and merchandising enterprises.
Prerequisite: None
Description of Modules
|
Chapter 1 |
Financial Statements and Business Decisions |
|
Chapter 2 |
Analyzing changes in Financial Position |
|
Chapter 3 |
Preparation of general journals and T-accounts |
|
Chapter 4 |
Preparation of account ledgers and trial balance |
|
Chapter 5 |
The Income Statement and Revenue, Expenses, and Drawings |
|
Chapter 6 |
Preparation of Worksheets |
|
Chapter 7 |
Adjusting Entries I |
|
Chapter 8 |
Adjusting Entries II |
|
Chapter 9 |
Completing the Accounting Cycle by using the worksheets |
|
Chapter 10 |
Preparation of classified Financial Statements |
Payroll Level I (24 hours)
Section Description
This course introduces you the Canadian payroll concepts and principles, tax responsibilities, and annual reporting. You will know the payroll compliance responsibilities that affect organizations, apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations.
Prerequisite: None
Description of Modules
|
Chapter 1 |
Introduction to Canadian Payroll |
|
Chapter 2 |
Labour and Employment Standards |
|
Chapter 3 |
Calculation of Gross Earnings |
|
Chapter 4 |
Pensionable, Insurable, and Taxable Earnings |
|
Chapter 5 |
Non-Statutory Withholdings From Payroll |
|
Chapter 6 |
Calculation of Net Pay |
|
Chapter 7 |
Employer Payroll Taxes and Premiums |
|
Chapter 8 |
Accounting for Payroll |
Computerized Accounting (Level 1)
Our computerized Accounting courses introduce you step by step to the integrated computerized accounting system using Sage 50, 2017, or QuickBooks, 2017, for Windows. Upon completion, you will be able to establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.
Sage 50 Accounting Level 1 (28 hours)
Course Description
This course introduces you how to perform daily accounting tasks using Sage 50 Accounting, which is used by many businesses in BC. Explore the home window and learn the core functionality while accessing the important modules containing the accounting journals used to enter business transactions, including the General Journal, Accounts Payable, Accounts Receivable, and Payroll modules.
Prerequisite
Please note this course is not intended as a bookkeeping course a basic knowledge of Windows & bookkeeping is recommended.
Required Materials:
Please bring your own laptop.
Description of Modules
|
Chapter 1 |
Getting Started: Introduction to Sage 50 |
|
Chapter 2 |
GST, HST and PST |
|
Chapter 3 |
General Journal |
|
Chapter 4 |
General ledger Setup |
|
Chapter 5 |
Accounts Payable |
|
Chapter 6 |
Accounts Receivable |
|
Chapter 7 |
Receivables & payables Setup |
|
Chapter 8 |
Payroll Journal |
|
Chapter 9 |
Payroll ledger Setup |
|
Chapter 10 |
Inventory |
QuickBooks Level 1 (26 hours)
Course Description
This course introduces you how to perform daily accounting tasks using QuickBooks including: working with the Customers Centre, the Employee Centre, and the Vendor Centre; writing cheques, transferring money between accounts, and reconciling accounts; working with asset, liability, and equity accounts; processing sales orders and recording customer payments; accounts payable and accounts receivable; entering and paying bills; and basic payroll functions. Students should be familiar with the following accounting terms: asset, liability, equity, balance sheet, trial balance, income statement, debit & credit, ledger & journal, accounts payable & accounts receivable, and federal government remittance process for GST/HST.
Prerequisite
Please note this course is not intended as a bookkeeping course a basic knowledge of Windows & bookkeeping is recommended.
Required Materials:
Please bring your own laptop.
Description of Modules
|
Chapter 1 |
Getting Started: Introduction to QuickBooks |
|
Chapter 2 |
GST, HST and PST |
|
Chapter 3 |
Cash Transactions |
|
Chapter 4 |
General Journal Transactions |
|
Chapter 5 |
Receivables & Payables Setup |
|
Chapter 6 |
Creating a New Company |
|
Chapter 7 |
Vendor Transactions |
|
Chapter 8 |
Customer Transaction |
|
Chapter 9 |
Discounts, Estimates, & Orders |
|
Chapter 10 |
Payroll Transaction |
Marking Scheme
This course has in-class exercises weights 25%, assignments weighs 50%, and one final project weigh 25% toward the final grade.
Instructors have the discretion to make changes to the marking scheme deemed necessary. For details, please refer to individual class syllabus.
Grading scale:
|
A |
94 – 100% |
C+ |
75 – 79% |
|
A- |
90 – 93% |
C |
70 – 74% |
|
B+ |
86 – 89% |
D |
60 – 69% |
|
B |
83 – 85% |
F |
0 – 59% |
|
B- |
80 – 82% |
|
|
Total Training Hours: 80 hours
Training Frequency: 3 hours at one time; twice a week; schedule with trainers
Training Duration: 14 weeks
Delivery Method: On-Campus or On-Sit (send trainers to participants’ workplace)
ACCOUNTING II
Our Career Training in Accounting II is an intensive training that introduces you to an advance level of payroll and financial accounting. This training covers three major courses:
After this training, you will not only upgrade your accounting skills, but also enable you to setup a computerized accounting system for your organization, and interpret and analyze financial information for business decision making. You will also be able to calculate and report the government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. The training is designed for students who have basic accounting background and wishing to upgrade their skills.
Financial Accounting Level II (28 hours)
Course Description
Accounting Level II is an advance approach to manual accounting. This course is designed to provide you with additional knowledge in common accounting systems including sales, purchases, taxes, inventory, and analyzing financial statements. The concepts will be presented in the context of a merchandising business. You will also be introduced to specialized journals, combined journals, year-end procedures, HST/GST/PST, bad debts, and merchandise inventory. You will be preparing detailed financial statements, including a classified balance sheet and an income statement with a cost of goods sold section.
Prerequisite:
Accounting Level I or equivalent.
Description of Modules
|
Chapter 1 |
Review the basic accounting functions and financial statements |
|
Chapter 2 |
Reporting and Interpreting Sales Revenue, Receivable, and Cash |
|
Chapter 3 |
Reporting and Interpreting Cost of Goods Sold |
|
Chapter 4 |
Inventory I |
|
Chapter 5 |
Inventory II |
|
Chapter 6 |
Reporting and Interpreting Liabilities |
|
Chapter 7 |
Reporting and interpreting Long-Term Debt |
|
Chapter 8 |
Reporting and Interpreting Owners’ Equity |
|
Chapter 9 |
Reporting and Interpreting Cash Flows |
|
Chapter 10 |
Analyzing Financial Statements |
Payroll Level II (24 hours)
Course Description
This course introduces you the advance Canadian payroll concepts and principles, tax responsibilities, and annual reporting. You will know the payroll compliance responsibilities that affect organizations, apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations. Graduates of this course will be able to calculate and report the government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. They will also be able to effectively communicate these organizational processes and requirements to internal and external stakeholders.
Prerequisite:
Payroll Level I or equivalent.
Description of Modules
|
Chapter 1 |
Review Canadian Payroll |
|
Chapter 2 |
Case study on Labour and Employment Standards |
|
Chapter 3 |
Payroll for employee or self-employed |
|
Chapter 4 |
Accounting for Payroll |
|
Chapter 5 |
Payroll Information Systems |
|
Chapter 6 |
Payroll Remittances |
|
Chapter 7 |
Termination of Employment |
|
Chapter 8 |
Prepare ROE |
|
Chapter 9 |
Year-End Payroll Reporting |
|
Chapter 10 |
Prepare and filling T4 and T4 Summary |
Computerized Accounting (Level 2)
Our computerized Accounting courses introduce you step by step to the integrated computerized accounting system using Sage 50, 2017, or QuickBooks, 2017, for Windows. Upon completion, you will be able to establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.
Sage 50 Accounting Level 2 (28 hours)
Course Description
Builds on Sage 50 Accounting Level 1, this course introduces you how to set up company data files, add users and use passwords, set up levels of security, activate and set up budgets, set up an account for bank reconciliation, use the banking and credit card features, set up and record foreign currencies, use the advanced payroll features, and learn more about projects or departments.
Prerequisite:
Sage 50 Accounting Level 1 or equivalent.
Required Materials:
Please bring your own laptop.
Marking Scheme
This course has in-class exercises weights 25%, assignments weighs 50%, and one final project weigh 25% toward the final grade.
Instructors have the discretion to make changes to the marking scheme deemed necessary. For details, please refer to individual class syllabus.
Total Training Hours: 80 hours
Training Frequency: 3 hours at one time; twice a week; schedule with trainers
Training Duration: 14 weeks
Delivery Method: On-Campus or On-Sit (send trainers to participants’ workplace)
Accounting I
Our Career Training in Accounting 1 is an intensive training that introduces you from fundamental bookkeeping and payroll to intermediate financial accounting and computerized accounting. This trainin...Read More
Accounting II
Our Career Training in Accounting II is an intensive training that introduces you to an advance level of payroll and financial accounting. This training covers three major courses: 1. Financial Accoun...Read More
Business Communication
BUSINESS COMMUNICATION Our programs help businesses expand that provide employees with innovative ways to keep motivation, improveproductivity as well as growing professional skills. The programs can ...Read More
