Basic Bookkeeping
This module introduces the basics of bookkeeping, such as managing invoices, tracking expenses, and understanding financial reports.
By the end of this course, participants will be able to:
- Understand basic accounting terminology.
- Identify the differences between the cash and accrual accounting methods.
- Keep track of your business by becoming familiar with accounts payable and accounts receivable.
- Use a journal and general ledger to document business financials.
- Utilize the balance sheet.
- Identify different types of financial statements.
- Uncover the reasons for and actually create a budget.
Be familiar with internal and external auditing.
SHRM CE/PDCs: 12
Intended Audience: All
Basic Bookkeeping
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