BOOK CE02 - Bookkeeping Fundamentals Level 2

(formally ACCT 004)

Building on foundational bookkeeping knowledge, the Bookkeeping Fundamentals Level 2 course is designed for students seeking to deepen their knowledge of financial record-keeping and reporting. This course provides advanced skills necessary for accurate and efficient bookkeeping, focusing on both theoretical understanding and practical application. This course is ideal for those who have completed Bookkeeping Fundamentals Level 1 (ACCT 003 or BOOK CE01). Upon completion, students will be well-prepared to handle more advanced bookkeeping tasks and contribute effectively to financial management and decision-making processes within an organization or business.

Who should enroll

This course is ideal for:

  • Current and new bookkeepers and accounting professionals
  • Small business owners and entrepreneurs
  • Non-profit organization leaders
  • Anyone interested in pursuing a career in bookkeeping or accounting
Learning outcomes

By the end of the course, participants will be able to:

  • Format and complete a trial balance
  • Describe an appropriate internal control procedure
  • Record adjusting entries
  • Prepare a bank reconciliation
  • Calculate depreciation using the straight-line & double-declining method
  • Calculate employer and employee payroll taxes
  • Prepare an income statement & balance sheet
  • Record journal entries for payroll
  • Prepare a statement of retained earnings
  • Calculate sales tax and record necessary journal entries
  • Identify the sections of a statement of cashflow
  • Calculate sales tax and record necessary journal entries
  • Record closing entries
 
Duration and format

Duration 15 hours

Format Face-to-face, synchronous

Prerequisite(s)

Completion of Bookkeeping Fundamentals Level 1 (ACCT 003 or BOOK CE01)

FAQs and additional information

Note: For this course, accounting software is not used.

Textbook is included in cost and received on the first day of the course.

 
Withdrawals and refunds
NON-CREDIT COURSE REFUND POLICY


Withdrawal 7 days prior to course start time: Full Refund
Withdrawal after 7 days: No Refund

Please refer to the Tuition Refund policy.

This policy applies to all students taking credit courses at Yukon University and all noncredit students taking courses through the Continuing Studies division with Yukon University.

BOOK CE02
This course has no upcoming sessions scheduled