Don’t let numbers scare you! Learn the world of finance straight from the experts and bravely face your finances.
Do you wish you had a better grasp on accounting?
Everyone, whether you wish to become an accountant or just know more about your personal and business finances, can benefit from a better understanding of accounting and bookkeeping.
The IOA Accounting & Bookkeeping course is designed to give you the basics you need to familiarize yourself with accounting and bookkeeping, to prepare yourself to begin a career in the field, and/or to become a better asset to your business. Wouldn’t you like to:
Understand the financial side of your business better
Get a head start on your career in accounting or bookkeeping
Better understand how to plan for and prepare taxes
Our Accounting & Bookkeeping offers you the opportunity to learn more about accounting and bookkeeping and expand your horizons on your own time. Get through coursework anytime, anywhere. The IOA Accounting & Bookkeeping course will prepare you for better business practices and/or a career in the field.
COURSE BREAKDOWN
Module 1: Beginning Accounting
History of accounting
Why is accounting important?
Decisions you must make
Jargon, or how to speak like an accountant
Module 2: Types Of Accounting
Financial accounting
Management accounting
Tax accounting
Module 3: Making Sense Of Your Accounts
Organization The accounting cycle
Using computers for accounting
How does computerized accounting work?
Module 4: Keeping Inventory And Tracking Sales
Purpose of inventory
Keeping up with inventory
Keeping track of sales
Balancing cash
Module 5: Controlling And Managing Expenses
How to control expenses
Balancing your payroll
Long-term asset acquisitions
Financial liabilities
Module 6: Avoiding Illegal Accounting
Improper accounting procedures
Avoiding shortcuts
Famous accounting scandals
Module 7: Introduction Into Bookkeeping
Importance of bookkeeping
Single-entry bookkeeping
Double-entry bookkeeping
Module 8: Proper Bookkeeping
Balancing and testing your book
How to adjust entries
Financial statement preparation
Profit analysis
Liquidity, and how to test it
Why is internal control important?
Module 9: Tracking & Reporting Taxes
What are business taxes?
How to report year-end numbers to the government
Finishing and closing your books
Module 10: Handling An Audit
External auditor
Internal auditor
Cost auditor
Performance audit
Quality audits