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BECS

Basic Bookkeeping

Basic Bookkeeping

Regular price $199.00 USD
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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

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