Our Accounting Fundamentals microcredentials course is designed to build the in-demand skills Canadian employers are looking for. Once you complete this course, you will be able to:

• Understand and apply fundamental accounting concepts, including debits, credits, and the recording of business transactions.
• Execute and comprehend the accounting cycle, from journalizing and posting transactions to preparing worksheets, financial statements, and the trial balance.
• Perform closing entries and prepare a post-closing trial balance, understanding their significance in preparing for the next accounting period.
• Efficiently use special journals and subsidiary ledgers to streamline the recording process, focusing on sales, cash receipts, purchases, and cash payments journals.
• Complete the accounting cycle for a merchandising company, integrating knowledge from previous modules, and appreciate the differences and similarities in the accounting processes for service and merchandising
  companies.
• Apply banking procedures and cash control measures, understanding their impact on a company’s financial health.
• Understand payroll procedures from both the employee’s and the employer’s perspectives, including legal and ethical requirements of payroll administration.
• Account for bad debts, acknowledging their influence on a company’s financial position and profitability.
• Navigate special journals with taxes, understanding the importance of accurate tax accounting in financial management.