This class is designed to enhance the knowledge of people presently employed in a bookkeeping or finance position, or interested in pursuing a career in a bookkeeping position.
This 3-day course looks at the theory and the steps involved in preparing books for a business or organization in the NWT. Using an accounting simulation consisting of actual source documents from a fictitious business, students will enter one month of financial transactions for a small company using the five-journal system. This course will show students who use a computerized software program what is actually happening behind the entry screens on their computer and will give them a better overall understanding of the accounting process.
After completing this course, you will be able to:
Better understand the accounting process used in the 5 Journal manual accounting system
- Be familiar with the steps involved in the annual accounting cycle
- Understand the five account categories used in accounting
- Understand Debits & Credits