Curriculum

Online Bookkeeping Training Curriculum

Penn Foster’s online Bookkeeping Training curriculum is designed to prepare employees for success in your organization’s accounting department. Workers will learn fundamental skills like payroll accounting, proper financial documentation, and how to use industry-standard software such as QuickBooks.

Bookkeeping

Career Diploma

Accredited

Full Program Overview

8 courses
27.1 continuing education units (CEUs)
17 exams
3 submitted projects

Estimated completion time:

Fast track = 6 months
Average time = 12 months

The estimated completion times are based on completion times for consumer learners enrolled in this program from May 2021 - April 2022, excluding withdrawals. Enterprise Solution rates may be higher but are highly dependent upon implementation choices.

In this course, your learners will develop the necessary skills to ensure their success in the program. They will learn how to improve their study skills and be able to use a number of tools that will help them be successful. Your learners will then learn the basics of bookkeeping and the roles of a bookkeeper.

By the end of this course, your learners will be able to:
- Identify skills needed to be a confident and independent online learner
- Analyze the purpose and importance of balance sheet, bookkeeping, and their components in accounting
In this course, your learners begin to learn the basics of bookkeeping. They will learn what books are kept to track how an individual or business earns and spends money. They will also learn about the three major components of bookkeeping: assets, liabilities, and owner’s equity.

By the end of this course, your learners will be able to:
- Identify the various functions of journal and ledger entries in accounting
- Analyze the reporting procedures of various transactions in the general ledger
In this course, your learners start by discovering how to set up revenue, expenses, and trial balances on standard bookkeeping forms. Then, they will learn how to create various financial reports, including financial statements, ending balance sheets, and closing entries.

By the end of this course, your learners will be able to:
- Analyze the importance of revenue, expenses, and trial balance in the accounting equation
- Identify the elements and strategies associated with financial reports
In this course, your learners will gain an understanding of accounting for cash and payroll accounting, accrual accounting and inventory, and wholesale accounting.

By the end of this course, your learners will be able to:
- Analyze the various accounting transactions of cash, banks, and employee payroll
- Show the calculations of accrual accounting, cash sales, and the recording of merchandise inventory
- Categorize the components of wholesale accounting and the methods used in evaluating them
This course begins with a look at company assets, and then covers end-of-month and end-of-year accounting procedures. Then, your learners will discover how to operate and utilize Windows programs, which they will use throughout their Bookkeeping career to keep electronic forms and records.

By the end of this course, your learners will be able to:
- Distinguish between the various accounting activities and procedures used in maintaining ledgers and worksheets
Microsoft® Office 2019 allows people to create documents, spreadsheets, presentations, and databases. This course will cover how to use MS Excel®. In this course, your learners will study how to use MS Excel® to organize and format data, including charts, formulas, and more complex tables. To end the course, your learners will complete a computer applications graded project, which will test the skills acquired in Excel®.

By the end of this course, your learners will be able to:
- Identify how to create various Microsoft® Excel® documents
- Produce a thorough Microsoft® Excel® 2019 spreadsheet
This course is designed to help your learners develop an understanding of computerized accounting in conjunction with the QuickBooks software. Throughout this course, they will work with QuickBooks, inputting data and transactions, viewing financial reports and statements, and more.

By the end of this course, your learners will be able to:
- Explain the basic functions of QBO
- Describe how to enter and track banking and business transactions
- Summarize how to perform accounting for payroll and inventory in QBO
- Prepare financial reports using QBO reporting processes
This course will apply everything your learners have studied in their Bookkeeping program. The graded project in this course will require your learners to call upon all of the skills they have learned to this point to complete a financial record. They will be encouraged to revisit previous courses as needed to make sure they are prepared for this project.

By the end of this course, your learners will be able to:
- Complete bookkeeping activities based on the knowledge learned throughout your program