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Accounting and Payroll Program Outline

(Please note that programs may be changed or upgraded to meet the demands of industry without notice)

Course Outline

Bookkeeping & Financial Accounting—Level 1  

  • Analyzing and recording business transactions in the general journal
  • Posting to the general ledger accounts
  • Preparing trial balances
  • Recording adjusting and closing entries
  • Using Worksheets
  • Preparing Financial Statements  

Bookkeeping & Financial Accounting—Level 2

  • Using Special Journals and subsidiary ledgers
  • Recording entries for merchandise companies, accounting for cost of goods sold, sales and purchase discounts.
  • Assigning costs to Inventory LIFO, FIFO, Moving Weighted Average, Specific Identification
  • Petty Cash and Bank Reconciliations
  • Payroll accounting

Intermediate Accounting    

  • Accounting for Capital Assets and intangible assets and current liabilities
  • Partnership accounting, admission and withdrawals
  • Preparation of Cash Flow Statements
  • Ratio analysis   

Computerized Accounting with Simply by Sage Level 1

  • Accounting procedures using Simply Accounting
  • General ledger setup; accounts receivable setup; accounts payable setup
  • Recording of transactions; period end procedures

Computerized Accounting with Simply by Sage Level 2

  • Advanced accounting procedures using Simply Accounting
  • Set-ups:  payroll; inventory; projects
  • Month/year end procedures using Simply

Computerized Accounting with Sage ACCPAC Level 1

  • Accounting procedures using ACCPAC (general ledger module)
  • General ledger set-up; creating and posting transaction batches
  • General ledger reports and procedures; month/year end procedures using ACCPAC

Computerized Accounting with Sage ACCPAC Level 2  

  • Accounting procedures using ACCPAC (accounts receivable/payable modules)
  • Accounts receivable: set-up; reports; procedures
  • Invoicing; cash; adjustment batches
  • System and manual cheques
  • Month/year end procedures using ACCPAC

Quick Books

  • Accounting procedures using Quick Books
  • General ledger setup; accounts receivable setup; accounts payable setup
  • Recording of transactions; period end procedures
  • Payroll

Payroll Fundamentals  

  • Calculate regular individual net pay including allowances, expenses, and benefits
  • Calculate non-regular individual net pay including bonus and vacation payments
  • Calculate termination payments
  • Calculate commission payments
  • Complete a Record of Employment
  • Communicate all aspects of individual pay requirements to various stakeholders  

Human Resources  

  • A comprehensive overview of modern day personnel and human resource management
  • Explore the diverse components of human resource functions and its role in the workplace
  • Employee recruitment, development and evaluation
  • Employee rights, benefits, safety in both domestic and global environments
  • Working in a Unionized environment  

Effective Business Writing

  • Focuses on learning writing techniques that ensure effective business communication
  • Achieve an effective style by using precise verbs, concrete nouns and vivid adjectives
  • Write memorandums and email messages that deliver information and make requests
  • Write letters and memorandums that request information concisely and promote goodwill
  • Write letters of appreciation, congratulation, sympathy, recommendation and introduction
  • Write effective formal and informal reports
  • Write a formal report including data, using tables, charts and graphs

Computer Fundamentals with Keyboarding    

  • This course is designed to introduce the user to computer operations, operating system basics, disk structures and keyboarding
  • This module provides the foundation of all training in computer applications
  • Basic computer hardware operation; Windows graphical user interface features
  • Effective file management; information sharing and customization
  • Basic touch-typing techniques (alphanumeric keyboard)

Microsoft Word Level 1 and 2  

  • Process and edit text; use editing and writing tools; create and format tables
  • Create letters, envelopes and labels; use styles and templates
  • Use character, paragraph and page formatting features
  • Use page numbers, headers and footers, and sections
  • Insert, size and position a picture

Microsoft Excel Level 1 & 2

  • Students will work with typical office documents to practice spreadsheet skills with Microsoft Excel
  • Create, modify and print workbooks; create and format charts
  • Calculate with formulas and functions; work with ranges; sort data
  • Format worksheet text and values; add graphic elements

Microsoft Access  

  • Focuses on MS Access as an integral business database management tool
  • Students will learn how to enter and edit data in forms they have created
  • Develop the skills to build and run queries, run data comparisons using Wizard and Cue Cards  

Student Success Strategies (Orientation)   

  • Emphasis is places on thinking about achieving success from day one, and developing the non-technical skills to enhance personal, academic and career success
  • Goal setting; time management and planning; money management
  • Learning styles; memory techniques and note taking; tests and writing techniques

Career and Employment Strategies     

This module takes the students through the entire job search process including:

  • Where and how to look for a job
  • Effective resume preparation
  • Creating a cover letter tailored to the position
  • Interview preparation
  • Job search management
  • Self-confidence and self-esteem building
  • Mock interviews 
  • Follow up after the interview