Accounting For Business Owners

Teacher

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.

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