Expands on the learner's ability to set up and manage a company chart of accounts, record purchases and process sales in QuickBooks Online. Learners will manage customer, vendor and employee records. Learners will expand upon their base knowledge of QuickBooks Online by performing investing and financing activities, payroll, budgets and banking activities. The learner will enter adjusting entries, produce financial statements and other year-end reports to close the books at year-end. Through a simulation project, the learner will check for reporting accuracy and correct common mistakes to ensure accurate financial reporting through the use of an Accounting Information System.
Introduces basic accounting concepts, set up and management of QuickBooks Online company files. The learner will navigate through the software by setting up users, entering beginning balances, and creating inventory items. Introduces customers and vendors by entering and paying bills, writing checks, creating invoices and sales receipts. Demonstrates achievement by producing financial reports.
Introduces the learner with the various skills necessary to be successful in the accounting program. Learners will develop tools to assist with readiness for learning concepts of accounting, success skills for employment readiness, and technological skills necessary for using various industry software.
Introduces various payroll laws, payroll accounting systems, and procedures. Emphasizes applying payroll laws and regulations, computing wages, salaries, and payroll tax liabilities, preparing payroll reports and maintaining payroll records. Learners prepare, W-2s, W-3s, Form 941, and Form 940. Explores state tax laws.
Provides the learner with pre-professional and practical business experiences through mentorship and networking. Incorporates the learner with activities that include, but not limited to; accepting responsibility, decision making, community awareness, personalized learning experiences, and developing a professional network. Additional skills such as recognizing international business practices, engaging in collaborative cross functional work, attaining job search skills, determining the importance of soft skills, and professional growth will be developed.
Examines the basic accounting principles and procedures for those individuals who will work with accounting information, accountants, and in a business related setting. The learner will identify the accounting cycles, prepaid expenses, accruals, merchandise inventory, uncollectible accounts, and depreciation. The course is not intended as an in-depth study of accounting.
Introduces the Federal and Wisconsin Income Tax laws by preparing tax returns and researching tax issues related to personal and business returns. Explores taxable and non-taxable income, filing status, dependent/exemptions deductions, adjustments to income, and various credits that can offset taxes due.
Expands on the accounting concepts presented in Accounting 1. Introduces the learner to fixed assets, intangible assets, current and payroll liabilities, Partnerships, Corporations, bonds, the Statement of Cash Flows, and financial statement analysis. Demonstrate achievement by completion of various projects.
Prepares the learner to analyze financial performance from a managerial perspective. Learners will examine capital budget investments, compare capital structures, prepare a master budget, prepare standard costs, develop a working capital management strategy, and explore implementing sustainability into business practices.
Prepares the learner to compare the cost accounting environment with other accounting environments, identify production costs, analyze production components of accounting reports, analyze production flows, classify production costs as direct, indirect and fixed, variable, or mixed, apply cost assignment methods, process production costs using job order costing and process costing, allocate departmental overhead.
Introduces accounting concepts and financial statements for sole proprietorships. Learners analyze and record routine transactions, adjusting entries, and closing entries. Learners prepare the Income Statement, Statement of Owner's Equity, and the Balance Sheet from the financial records they create for service and merchandising businesses. Covers accounting for sales, inventory, cash, and receivables.
Expands upon the accounting cycle and special topics, arranged in balance sheet order including cash, receivables, inventories and noncurrent assets such as acquisition, utilization and retirement. The learner will compare domestic with international accounting standards. The learner will prepare adjusting entries, financial statements and disclosure notes.
Introduces accounting systems, including procedures and methods to capture data and report financial information. Learners explore specific topics to include flowcharting, internal controls and transaction work in both manual and computerized environments. This course provides learners hands-on experience with database software as well as provides an introduction to data analytics within the field. .
Introduces the learner to industry certifications that will enhance employability. Learners will be given the opportunity to review for and earn the Certified Bookkeeper Designation. This certification provides verification that a bookkeeper has the proven skills and knowledge needed to perform key accounting functions, including basic payroll, through the adjusted trial balance. Learners will continue to build their employment readiness through soft skill development.