A short, concentrated course which is intended for owners, prospective
owners or bookkeepers who currently operate or plan to start a small
business and need to understand accounting and business principles. Your
hands-on course will provide you with practice working through an actual
set of books. Daily, monthly and yearly transactions will show you the
accounting cycle for a year at a glance. Due to the quick pace of your
course, you should plan to commit yourself to all sessions in order to get
the full benefit. Please bring a pen, pencil (mechanical preferred) ruler,
calculator and notebook to your class. The topics covered are; the essentials of opening for business; the set-up and recording of transactions in a journal; posting to a ledger; categorizing assets, liabilities, capital, income and expenses; payroll, petty cash, accounts receivable and payable; bank reconciliation and depreciation; worksheet, income statement and balance sheet; year-end adjustments and closing entries; government forms: GST, E&H Tax, Worker’s Compensation & T-4’s.
M-Th course runs M-Th for the first week and M-W for the second week. Sa-Su course classes are each Sa and Su for two weekends.
(GST and materials included), 28 hours/2 weeks
Recordkeeping for Small Businesses