Introduction to Bookkeeping and Accounting

The Accounting Basics for Small Business Certificate allows students to obtain a basic understanding of the accounting cycle and thereby enable entry-level job sufficiency. This is the first step in opening up advancement opportunities.

Skills

What Courses or Activities it takes to earn this badge

  1. Intro to Accounting Basics 1 | ACTV NC101 | Learn the basics of accounting for a small business, including financial reporting, analyzing and recording financial transactions. Understand the concept of keeping the accounting equation in balance with a double-entry system using debits and credits. Discuss accounts receivable, accounts payable and the accounting cycle.

  2. Introduction To Accounting Basics 2 | ACTV NC102 | Discuss and apply the accounting fundamentals learned from Accounting Basics 1 and how they apply to cost of goods sold and sales tax. Prepare bank, credit card and loan statement reconciliations. Discuss petty cash and implement payroll integration.