How to pay different types of employees federal and state wage-hour law When and where accounting errors occur and how they are discovered finding and correcting errors on the unadjusted trial balance Why accruals, deferrals and other adjustments are made recognizing revenues collected in advance and expenses after a prepaymentĬORRECTION OF ACCOUNTING ERRORS AND THE BANK RECONCILIATION CurriculumĮligibility requirements, code of ethics and certification maintenanceĪCCRUALS, DEFERRALS AND THE ADJUSTED TRIAL BALANCE This course is designed for experienced bookkeepers with at least two years of work experience in bookkeeping or accounting. Know how to value inventory, record costs, make entries and report inventory on financial statements.Perform basic payroll duties, including paying wages, handling payroll deposits and reporting taxes.Record book and tax depreciation, using various methods of calculating depreciation.Apply the concepts of accrual accounting to transactions that span fiscal periods and trace the effect of accrual and deferral transactions.Understand eligibility requirements, code of ethics, and maintenance requirements for bookkeeper certification.Prepare to take and pass the Microsoft Office Specialist Expert exam for Excel 2019 (MO-201).Prepare to take and pass the Certified Bookkeeper (CB) exam, offered by the American Institute of Professional Bookkeeper.IS BOOKKEEPING A GOOD OPTION FOR REMOTE WORK?īecause bookkeeping relies heavily on technology and can be done almost entirely using digital tools, it is considered an excellent prospect for remote, contract and work-at-home career opportunities. To earn your AIPB Certified Bookkeeper designation, you must pass the AIPB certification exam and be able to submit proof of at least two years of full-time or 3,000 hours of part-time experience. Certified bookkeepers meet the AIPB’s highest standards for financial accounting, business practices and ethical conduct. IS CERTIFICATION IMPORTANT FOR BOOKKEEPERS?Ĭertification in any profession signals to employers, colleagues and clients that a professional is committed to the highest standards of excellence and accountability. However, the organization, reporting and use of financial data still rely heavily on human input and processing. Programs like Microsoft Excel have widely replaced the manual entry functions of traditional bookkeeping. However, the bookkeeper's underlying organizational skills and precise attention to detail are as valuable as ever to their employers and clients. Technology has had a huge impact on the bookkeeping field. Using reporting tools and systems, bookkeepers help individuals and operational managers stay aware of and improve an entity's financial status and performance. Strong bookkeepers set up, deploy and manage systems that record the flow of funds into and out of an entity's coffers. Mastery of bookkeeping software applications is the key to matching bookkeeping skills with expanding requirements for analysis, visual data presentation and reporting that provides value-added to the traditional bookkeeper's duties.īookkeepers serve on the front lines of a person, company or organization's financial health.
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