Helping Canadians get back to work.

Bookkeeping & Financial Accounting

Bookkeeping and Financial Accounting Level 1 and 2

Program Overview

AIMS College offers 2 short courses in Bookkeeping and Financial Accounting, divided into 2 extrapolating levels, each of 60 hours.

Bookkeeping and Financial Accounting Level 1 introduces students to Generally Accepted Accounting Principles (GAAP), recording business transactions using the rules of double-entry bookkeeping. In addition, students will learn how to prepare to adjust journal entries and prepare basic financial statements.

Bookkeeping and Financial Accounting Level 2 builds on the Level 1 foundation that includes Using Special Journals and Subsidiary Ledgers, recording entries for Merchandise companies, assigning Costs to Inventory, LIFO, FIFO, Moving Weighted Average, Specific Identification, Petty Cash & Bank Reconciliations and Payroll Accounting.

Who Should Attend ?

  • For candidates looking to branch out their existing portfolios in Accounting, Bookkeeping
  • Gain knowledge about fundamentals of Accounting and Bookkeeping with our shortest Accounting course

Upon Completion, Students Will be able to

  • Establish company records;
  • Maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, account reconciliation and payroll features; and Create financial statements.
  • Create financial statements.
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Provincial Funding

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*All student funding, whether made available privately or through various government branches, is only approved to those who qualify, by the original source of funding. There are many criteria that each candidate must meet to be approved. Schools can only inform you of what may be available.