Bookkeeping forms the backbone of every organization's need to carefully account for its financial activities. It accounts for sales, purchases, and payments that flow through an entity. Bookkeepers are crucial to every organization and certified bookkeepers are the elite of their profession. This 100% online course will prepare you for certification by the American Institute of Professional Bookkeepers (AIPB).

Course Objectives

- Prepare to take and pass the American Institute of Professional Bookkeepers (AIPB) certification exam

- Understand eligibility requirements, code of ethics, and maintenance requirements for bookkeeper certification

- Apply the concepts of accrual accounting to transactions that span fiscal periods and trace the effect of accrual and deferral transactions

- Record book and tax depreciation, using various methods of calculating depreciation

- Perform basic payroll duties, including paying wages, handling payroll deposits, and reporting taxes

- Know how to value inventory, record costs, make entries and report inventory on financial statements

- Use basic internal controls to prevent theft, embezzlement, or check and credit card fraud by employees, customers, or vendors