The Online Certified Bookkeeper (CB) Prep course
This course prepares you for the national certification exam in advanced bookkeeping. Each of the six parts of this course, shown below, is also available by itself.
You will be able to compute and record end-of-period adjustments, set up the trial balance, input your adjustments, set up the adjusted trial balance and see how it converts to the financial statements.
You will know how to find errors in accruals and deferrals . . . do the monthly bank rec, find and correct errors in it and record the corrections . . . find and correct errors in the trial balance and record the corrections in your books.
Do a basic payroll yourself from: paying hourly v. salaried employees to who does or does not get overtime pay and what hours to include v. exclude in OT. . . from how to process a W-4 and complete the 941, 940, W-2 and W-3 using actual forms to how and when to withhold and deposit federal various employment taxes.
You will comfortably depreciate assets ((buildings, machinery, equipment, cars, SUVs and other vehicles) under GAAP under the straight-line, declining balance, units of production and sum-of-the-year’s-digits depreciation methods—then depreciate these same assets, including cars, for tax purposes
You will master the techniques of recording merchandise inventory using the perpetual and periodic methods—and how to cost inventory using the weighted- and moving-average, FIFO, LIFO and lower of cost or net realizable value methods.
Show your company or client how to prevent—or spot—employee theft, customer check fraud, customer credit-card fraud, vendor fraud and computer and internet fraud.