The School of Business Administration is dedicated to providing you with the practical knowledge and skills needed to excel in the business world. Whether you're an aspiring entrepreneur, a current business professional looking to enhance your expertise, or someone aiming to switch careers, our programs are tailored to meet your needs.
About the School of Business Administration
Course Overview
The "Comprehensive Bookkeeping Course" at Prosperity University Online is designed to provide participants with a thorough understanding of bookkeeping principles and practices. This course covers fundamental bookkeeping tasks, financial record-keeping, accounting software, and the preparation of financial statements. It aims to equip aspiring bookkeepers and small business owners with the skills necessary to maintain accurate financial records and ensure the financial health of a business.
What You'll Learn
Course Highlights
Introduction to Bookkeeping
Understanding Bookkeeping: Gain a foundational understanding of bookkeeping and its importance in business operations. Topics include the definition and purpose of bookkeeping, key bookkeeping terms and concepts, and the role of a bookkeeper in a business. The Accounting Cycle: Learn the steps involved in the accounting cycle, including recording transactions, posting to the general ledger, and preparing a trial balance.
Recording Financial Transactions
Double-Entry Bookkeeping: Understand the principles of double-entry bookkeeping and how to apply them. This includes basics of double-entry bookkeeping, debits and credits, and recording journal entries. Managing Accounts Receivable and Payable: Learn how to manage accounts receivable and accounts payable effectively. Topics cover invoicing and billing, managing payments and collections, and setting up systems for these processes.
Financial Statements and Reconciliation
Preparing Financial Statements: Understand how to prepare and interpret financial statements, including the income statement, balance sheet, and cash flow statement. Learn to analyze these statements for business insights. Bank Reconciliation: Learn how to perform bank reconciliations to ensure accuracy in financial records. This includes the importance of bank reconciliation, steps in the process, and resolving discrepancies.
Advanced Bookkeeping and Accounting Software
Payroll Management: Gain knowledge of payroll processes and compliance requirements. Topics include calculating wages, taxes, and deductions, and ensuring payroll compliance and reporting. Using Accounting Software: Learn how to use popular accounting software (e.g., QuickBooks, Xero) to streamline bookkeeping tasks. This covers setting up and managing accounts, and automating bookkeeping tasks.
Why Choose Our School of Business Administrations?
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Expert Instruction from Industry Professionals
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Interactive Learning Sessions
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Flexible Schedule
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Guaranteed Employment Opportunities
Attending the School of Business Administration at Prosperity University Online was a transformative experience for me. As a middle-aged professional looking to pivot into a new career, I found the comprehensive bookkeeping course incredibly valuable. The instructors were knowledgeable and supportive, and the curriculum was thorough and practical. I now have the confidence and skills to maintain accurate financial records for my business. I highly recommend this program to anyone looking to enhance their business administration skills." - Karen M., Graduate
Course Syllabus
Course Outline:
The "Comprehensive Bookkeeping Course" at Prosperity University Online is designed to provide participants with a thorough understanding of bookkeeping principles and practices. This 4-week course covers fundamental bookkeeping tasks, financial record-keeping, accounting software, and the preparation of financial statements.
Week 1: Introduction to Bookkeeping
Module 1: Understanding Bookkeeping
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Lecture Topics:
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Definition and purpose of bookkeeping
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Key bookkeeping terms and concepts
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The role of a bookkeeper in a business
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Activities:
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Interactive lecture with Q&A
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Group discussion on the importance of accurate bookkeeping
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Assignment: Write a short essay on the role of bookkeeping in business
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Module 2: The Accounting Cycle
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Lecture Topics:
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Introduction to the accounting cycle
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Recording transactions
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Posting to the general ledger
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Preparing a trial balance
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Activities:
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Workshop on the accounting cycle
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Hands-on practice recording sample transactions
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Assignment: Create a trial balance for a hypothetical business
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Comprehensive Bookkeeping
Master Business Administration
in 4 Weeks
Week 3: Financial Statements and Reconciliation
Module 5: Preparing Financial Statements
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Lecture Topics:
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Introduction to financial statements
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Income statement, balance sheet, and cash flow statement
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Analyzing financial statements
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Activities:
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Interactive lecture on financial statements
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Case study analysis of financial statements
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Assignment: Prepare financial statements for a hypothetical business
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Module 6: Bank Reconciliation
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Lecture Topics:
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Importance of bank reconciliation
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Steps in the bank reconciliation process
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Identifying and resolving discrepancies
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Activities:
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Hands-on practice with bank reconciliation
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Group discussion on common reconciliation issues
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Assignment: Complete a bank reconciliation for a hypothetical business
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Week 2: Recording Financial Transactions
Module 3: Double-Entry Bookkeeping
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Lecture Topics:
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Basics of double-entry bookkeeping
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Debits and credits
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Recording journal entries
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Activities:
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Interactive lecture on double-entry bookkeeping
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Practice exercises on recording journal entries
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Assignment: Record transactions using double-entry bookkeeping
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Module 4: Managing Accounts Receivable and Payable
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Lecture Topics:
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Introduction to accounts receivable and payable
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Invoicing and billing
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Managing payments and collections
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Activities:
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Workshop on accounts receivable and payable management
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Role-playing scenarios for invoicing and collections
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Assignment: Develop a system for managing accounts receivable and payable
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Week 4: Advanced Bookkeeping and Accounting Software
Module 7: Payroll Management
Lecture Topics:
Introduction to payroll management
Calculating wages, taxes, and deductions
Payroll compliance and reporting
Activities:
Workshop on payroll management
Practice exercises on payroll calculations
Assignment: Set up a payroll system for a hypothetical business
Module 8: Using Accounting Software
Lecture Topics:
Overview of popular accounting software (e.g., QuickBooks, Xero)
Setting up and managing accounts
Automating bookkeeping tasks
Activities:
Interactive tutorial on accounting software
Hands-on practice with software features
Assignment: Implement bookkeeping tasks using accounting software
Fall Course Duration: 4 weeks
Key Features of the School of Business Administration:
Practical Learning:
Our courses are designed to offer real-world, hands-on learning experiences. You won't just learn theories; you'll apply what you learn through interactive projects, case studies, and simulations.
Comprehensive Curriculum
Covering a broad range of essential business topics such as management principles, marketing strategies, financial management, human resources, operations, and strategic planning. Our curriculum is crafted to give you a well-rounded understanding of business operations.
Expert Instructors
Learn from industry experts who bring years of practical experience and knowledge to the classroom. Our instructors are dedicated to helping you succeed and providing mentorship throughout your learning journey.
Certification
Upon completing our programs, you will earn industry-recognized certifications that demonstrate your proficiency in business administration. These certifications enhance your credibility and can significantly boost your career prospects.
Flexible Learning Options
Our online platform allows you to learn at your own pace, with access to course materials anytime, anywhere. Participate in live interactive sessions, watch recorded lectures, and engage in discussions with peers and instructors.
Career Support
We offer comprehensive career support, including resume building, interview preparation, and job placement assistance. Our goal is to help you transition smoothly into the business world or advance in your current career.
Networking Opportunities
Join a community of like-minded individuals. Connect with peers, share insights, and collaborate on projects. Our network extends beyond the classroom, providing opportunities to build lasting professional relationships.