The Professional Bookkeeping course prepares learners for one of today’s most essential business roles. Every organization, large or small, depends on accurate financial records, and growing regulatory requirements have increased the demand for skilled, professional bookkeepers. This course provides comprehensive training in the day‑to‑day responsibilities of bookkeeping, equipping learners with practical knowledge to support sound financial management and compliance.
Module 1: Bookkeeping Fundamentals
Covers the role of the bookkeeper, differences between accounting and bookkeeping, the accounting cycle, accrual accounting, chart of accounts, journals, ledgers, trial balances, and closing the books.
Module 2: Financial Statements & Controls
Focuses on preparing and interpreting income statements, balance sheets, and cash flow statements, along with accounts payable and receivable, profit ratios, invoicing, cash processing, and bookkeeping controls.
Module 3: Inventory & Asset Management
Introduces inventory accounting methods, cost layering, fixed assets, depreciation, debt accounting, expense reporting, petty cash, and payables systems.
Module 4: Payroll Operations
Covers the payroll cycle, employee time tracking, gross pay calculations, benefits and deductions, payroll taxes, workers’ compensation, and payroll transaction accounting.
Module 5: Credit Management & Collections
Addresses credit policies, credit approvals, customer credit evaluation, collections strategies, billing processes, payment handling, deductions, returns, allowances for doubtful accounts, and legal considerations in collections.
Module 6: Accounts Payable Management
Explores invoice processing, payment methods, expense reimbursements, procurement cards, payables controls, policies, fraud prevention, vendor management, and government reporting.
Module 7: Taxes & Compliance
Covers payroll and employment taxes, tax remittances, deposit schedules, unemployment taxes, audits, sales and use tax overview, and compliance responsibilities for small businesses.
Module 8: Payroll Reporting & Recordkeeping
Focuses on payroll reports, record retention, controls, performance measurements, headcount ratios, and outsourcing considerations.
Upon successful completion of this program, learners will be able to:
Perform core bookkeeping functions required in modern businesses
Manage payroll, purchases, billing, and cash transactions accurately
Track and maintain records for fixed assets and inventory
Prepare and interpret essential financial statements
Apply bookkeeping practices that support financial accuracy and regulatory compliance
Demonstrate job‑ready skills suitable for professional bookkeeping roles
This program prepares learners to sit for the NACPB Bookkeeping Certification exam
This class is an independent-study course. Students will have all the resources needed to successfully complete the course within the online material. A student helpdesk is available for technical support during the course enrollment.