Deploying Microsoft® Office Professional Plus 2007 Training Course


Microsoft Official Curriculum Course Number: 5058
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A truly hands on experience! This workshop is perfect for those who want a better understanding of what basic bookeeping entails. There will be real life bookeeping simulations and activities to ensure that participants have a fun, but educational real life bookkeeping experience!

By the end of this workshop, participants will be able to:

·       Understand basic accounting terminology.

·       Identify the differences between the cash and accrual accounting methods.

·       Keep track of your business by becoming familiar with accounts payable and accounts receivable.

·       Use a journal and general ledger to document business financials.

·       Utilize the balance sheet.

·       Identify different types of financial statements.

·       Uncover the reasons for and actually create a budget.

            ·    Be familiar with internal and external auditing.

Module One: Introduction.

Workshop Objectives.

Module Two: Basic Terminology (I)

Balance Sheet

Assets.

Liabilities.

Equity.

Income Statement

Revenue.

Cost of Goods Sold.

Expenses.

Accounting Period.

Module Three: Basic Terminology (II)

Accounts Receivable.

Accounts Payable.

Depreciation.

General Ledger.

Interest

Inventory.

Journals.

Payroll

Trial Balance.

Module Four: Accounting Methods.

Cash Method.

Accrual Method.

Differences between Cash and Accrual

Module Five: Keeping Track of Your Business.

Accounts Payable.

Accounts Receivable.

The Journal

The General Ledger.

Cash Management

Module Six: Understanding the Balance Sheet.

The Accounting Equation.

Double-Entry Accounting.

Types of Assets.

Types of Liabilities.

Equity.

Module Seven: Other Financial Statements.

Income Statement

Cash Flow Statement

Capital Statement

Budget vs. Actual

Module Eight: Putting It All Together.

     Hands on Application of Concepts learned.  Participants will particpate in a real life bookkeeping simulation in which they will record transactions, and prepare financial statements for a business using actual source documents provided.

Module Nine: Wrapping Up.

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Please complete the form below and a TrainUp.com support specialist will send you information on the course you've selected. Our staff typically responds to your requests within 30 minutes or less. You can also reach us toll-free at 1-866-540-9677

Request Training Assistance

Please complete the form below and a TrainUp.com support specialist will send you information on the course you've selected. Our staff typically responds to your requests within 30 minutes or less. You can also reach us toll-free at 1-866-540-9677

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