Introduction to Business Accounting:

Chapter 01 - Professional Bookkeeper Introduction

• Professional Bookkeeper Job Functions
• Potential Careers
• Required Traits
• Employment Outlook

Chapter 02 - Introduction to Accounting and Business

• Defining a Business
• Role of Accounting
• Ethics in Accounting
• Generally Accepted Accounting Principles (GAAP)

Chapter 03 - The Accounting Equation

• Transactions
• Common Revenue and Expense Accounts
• Financial Statements

Chapter 04 - Analyzing Transactions

• Analyzing Transactions
• The Accounting Equation and Transactions
• Journalizing Transactions

Chapter 05 - Entering Information - Posting Entries

• Posting Entries
• The Trial Balance
• Finding Errors Using Horizontal Analysis

Chapter 06 - Adjusting Process

• Adjusting Process
• The Purpose of the Adjusting Process

Chapter 07 - Adjusting Entries

• Adjusting Entries
• Revenues/Expenses
• Journal Entry
• Posting Accounts

Chapter 08 - Adjustment Summary

• Adjusted Summary Review
• Financial Statement Accuracy

Chapter 09 - Preparing a Worksheet

• Preparing a Worksheet

Chapter 10 - Financial Statements

• The Income Statement
• The Statement of Retained Earnings
• The Balance Sheet

Chapter 11 - Completing the Accounting Cycle

• Completing the Accounting Cycle
• Temporary vs. Permanent Accounts
• Closing Entries

Chapter 12 - The Accounting Cycle Illustrated

• Accounting Cycle Illustrated

Chapter 13 - Fiscal Year

• Fiscal Year
• Additional Accounting Terms

Chapter 14 - Spreadsheet Exercise

• Spreadsheet Exercises

Effective Bookkeeping and Payroll:

Chapter 01 - Principles

• Principals
• Transactions

Chapter 02 - Overview of Internal Controls

• Overview of Internal Controls
• Principles of Internal Control
• Overview of Sarbanes Oxley Sections 302 and 404
• Audit Process and Conduct

Chapter 03 - Subsidiary Ledgers and Special Journals

• Subsidiary Ledgers
• Special Journals

Chapter 04 – Reconciliations

• Reconciliations
• Purpose
• Accounts To Be Reconciled
• Ownership and Accountability For Reconciliations
• Verifications of Account Balances

Chapter 05 - Correcting Entries

• The Wrong Amount
• The Wrong Account
• Reversing Entries

Chapter 06 - Sales Tax

• Calculations
• Recording Transactions
• Paying Collected Taxes
• Rules and Filing
• Sales Tax Rates
• Audits and Out of State Taxes

Chapter 07 – Budgeting

• Yearly Target Setting (Budgeting)
• Defining Objectives
• Types of Budgets
• Bookkeeper Role in Budgeting

Chapter 08 - Accounting for Merchandising

• Income Statements
• Revenue - Credits
• Discounts
• Net Sales
• Inventory System
• Merchandising Income Statement

Chapter 09 - Accounting for Cash

• Petty Cash
• Accounting for Cash Over or Short
• Cash Controls
• Bank Reconciliation
• Bank Statements
• Bank Errors
• Cash Book Errors

Chapter 10 – Payroll

• The Payroll Process
• Gross Pay
• Deductions
• Taxes
• Net Pay
• Recording
• Employer Expenses
• Accruals
• Internal Controls

Chapter 11 - Partnerships and Corporations

• Partnership Accounting
• Corporations
• Share Ownership
• Preferred Stock

Chapter 12 - Accounts Receivable and Bad Debts

• Accounts Receivable
• Bad Debt
• Accounts Receivable Entries

Chapter 13 - Interim Profit or Loss

• Interim Statement

Chapter 14 - Year End - Preparing to Close the Books

• Inventory
• Adjusting Entries
• Year End - The Worksheet
• The Spreadsheet

Chapter 15 - Year End - Closing the Books

• Closing the Books
• Accounting Information

Chapter 16 - Cash Flow

• Cash Flow
• Revenue and Receivables
• Expenses and Payables
• Inventory
• Capital / Investment