Accounting For Business Owners

Accounting For Business Owners
Program Overview:
This program is geared towards Business Owners who are starting their business or would like to know about how the Accounting system in Canada works.
Accounting Course Outline.
Part 1: Preview (1 hour)
Start a business
Different form of business
Business stakeholder
Business transaction
Accounting as business language
Part 2: Accounting Process (2 hours)
Accounting Element
Transaction analysis
Accounting equation
Accounting process
Accounting report (financial statement)
CRA and tax
Part 3: Accounting System (2 hours)
Journal ledger
General ledger
Summarizing and trail balance
Part 4: Revenue and expense process (3 hours)
Revenue accounting
Expense accounting
GST & HST
Income statement
Statement of owner's equity
Balance sheet
Part 5: Yearend process (2 hours)
Reconciliation
Correcting
Adjusting
Closing
Part 6: Merchandize Accounting (2 hours)
Purchasing
Selling
Return and Allowance
Discount
Freight cost
Cost of goods sold
Part 7: Payroll accounting (1 hours)
Time sheet
Payroll calculation
Source deduction
WBIS
Journal entry
Part 8: Tax planning (2 hours)
GST & HST registration
GST & HST report
Filling Tax return
Capital Gain
Dividend and salary
Different Incomes
Tax deduction
Tax credit
RRSP
Class Description:
-This is an One-One-One Class with the instructor.
-In order to complete this programs, you are required to take 15 hours of lessons. You will receive a Certificate of Completion at the end of the training.
-Program will be conducted on Zoom.
Program Day & Time:
Individual program will be scheduled as per instructor’s and client’s availability. Please contact us to schedule the class.
Class Duration & Fee:
Listed fee is for 15 hours to complete the program.
Meet The Instructor:
Meet The Program Instructor:
EmpoweredProfessionals are a Team of Professionals who are Specialists and Leaders in their disciplines of work.
At EmpoweredProfessionals our Professional Team assist fellow professionals and organizations, by transferring their in-depth knowledge and creating innovative functions and platforms to empower and build skills and confidence to accomplish a fast-track route to career and professional advancement.
Click To Connect to EmpoweredProfessionals Website For Instructor Details
Please Fill In The Form To Get Started:
Questions:
Please contact our Admin team at: info@studentscholarscentre.com or 905-604-7740
Course Features
- Lectures 0
- Quizzes 0
- Duration School Year
- Skill level All levels
- Language English
- Students 0
- Assessments Self