LRN0176 - Online Self-Paced Bookkeeping Digital Badge
Course Description
This Bookkeeping Digital Badge will provide you with the knowledge needed to measure, and manage, the financial health of your business. This program focuses on cash basis accounting. No one will care more about the financial health of your business than you! Even if you plan to outsource your bookkeeping needs, you should still understand how the process works.
This digital badge requires the completion of three courses: Understanding Debits and Credits, General Ledger and Month End Procedures, Closing Procedures and Financial Statements. These courses may also be taken individually.
Course Outline
How the Certificate Works
It is easy to participate in your online course. After you register, you will be given a web address to go to get into your online classroom. You will have a password and use your email address and password to gain access.
Once inside the online classroom, here’s what you can expect.
What You Will Do
For each Unit, you will:
Access the online readings
Listen to the audio presentation for the Unit and view the slides
Take a self-quiz to see how much you have learned
Engage in written online discussion with your instructor and other participants
For best learning, you should make one or more comments at 2-3 different times each week
The content (readings, audio lectures, slides) and self-quizzes are accessible for the entire course, so you can work ahead, or go back and review again, at your convenience.
Participate When You Want
You can participate any time of day or evening. The online classroom is open 24 hours a day, 7 days a week.
There are no live real-time requirements or meetings. You decide when you participate.
For the best learning, participants should log into the course on 2-3 different days of the week.
Discussion
The Discussion for each Unit lasts one week. All comments are made in writing and can be made at any time of the day or night.
Your instructor will log into the Discussion area at least once a day and answer questions, make comments, and respond to comments by you and the other participants.
We encourage you to make 2-3 comments each week to maximize your learning and enjoyment of the course.
Instructor
Sharon deFonteny has a degree in Business Education with a concentration in Accounting and spent many years in Corporate America working in Accounting and Finance. For the past 5 years, she has created and taught online Business courses for Bucks County Community College. Her experience in business, as well as experience in teaching, has allowed her to help people understand the Accounting and Finance process.
Learner Outcomes
Course Outcomes
Upon completion of the Certificate program, students will be able to:
· Create a chart of accounts based on the needs of their business
· Analyze and record financial transactions accurately and in a timely fashion using double entry bookkeeping
· Maintain and balance a general ledger monthly
· Perform monthly bank reconciliations
· Prepare a worksheet for completing year-end trial balances and gathering information for financial statements.
· Prepare financial statements
· Post closing entries and prepare the books for the new year
Notes
Course Objectives
Students will gain an understanding of the accounting equation and each of the five categories involved in every business.
· Students will learn the difference between cash basis accounting and accrual basis accounting.
· Students will learn how to complete each phase of the accounting cycle, from analyzing a financial transaction to preparing financial statements and closing the books.