Topic 2: Bank Reconciliations - Taylor Pro College
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Course Content
Module I
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Topic 1: Introduction to Computerized Business Accounting
00:00
LO1: Explain the differences between Manual and Computerized Accounting Systems
00:00
LO2: List and explain different Computer Software for Accounting
00:00
LO3: Describe how to create, save, restore, and backup Sage50 Files
00:00
LO4: Evaluate the advantages and disadvantages of Computerized Accounting Systems
00:00
LO5: Knowledge Check
15:00
Topic 2: Bank Reconciliations
00:00
LO1: Explain the process of Bank Reconciliation and its significance in ensuring the accuracy of Financial records
00:00
LO2: Demonstrate the ability to perform Bank Reconciliation using relevant Accounting Software tools
00:00
LO3: Recognize typical Discrepancies that may arise during Bank Reconciliation and understand strategies for resolving them
00:00
LO4: Knowledge Check
15:00
Topic 3: Budgeting and Project Accounting
00:00
LO1: Explain the importance of Budgeting in Financial Planning and Control
00:00
LO2: Describe how to start a Business Budget
00:00
LO3: Interpret Budget Variances and assess their impact on Financial Planning and Project Outcomes
00:00
LO4: Knowledge Check
15:00
Topic 4: Adjusting Entries
00:00
LO1: Explain the Purpose and Principles behind Adjusting Accounts
00:00
LO2: Discuss how to adjust entries for Prepaid expenses, Depreciation, Unearned revenues, Accrued expenses, and Revenues
00:00
LO3: Describe the Alternatives in Recording Prepaids and Unearned Revenues
00:00
LO4: Knowledge Check
15:00
Topic 5: Financial Statements, Payroll, GST/PST, and Job Costs
00:00
LO1: Explain the reporting aims of Financial Statements
00:00
LO2: Describe how to prepare Financial Statements reflecting Business Transactions
00:00
LO3: Analyze Business Transactions by applying the Accounting Equation
00:00
LO4: Define Payroll Liabilities and its objective
00:00
LO5: Evaluate and Report GST/PST obligations accurately for the Period End
00:00
LO6: Analyze Job Costs and their impact on Period End Financial Reporting
00:00
LO7: Knowledge Check
15:00
Topi 6: Financial Statement Ratio Analysis
00:00
LO1: Explain the purpose of Financial Statement Ratio Analysis
00:00
LO2: Describe the Sources of Information for Financial Statement Analysis
00:00
LO3: Explain changes in Financial Statements using Horizontal analysis and Vertical analysis
00:00
LO4: Knowledge Check
15:00
Topic 7: Company Setup
00:00
LO1: Describe the steps involved in setting up a Company in Computerized Accounting Software
00:00
LO2: Create and organize a comprehensive Chart of Accounts
00:00
LO3: Explain how to develop and maintain an accurate Customer List
00:00
LO5: Knowledge Check
15:00
Topic 8: Security and Blockchain Applications
00:00
LO1: Explain the Principles of Blockchain Technology and its relevance to Accounting
00:00
LO2: Describe the Security features and benefits of Blockchain in Accounting systems
00:00
LO3: Analyze the challenges and limitations of implementing Blockchain Technology in Accounting
00:00
LO4: Analyze how to manage and maintain detailed Vendor and Item Lists for Inventory Tracking
00:00
LO4: Knowledge Check
15:00
Module Based Quiz
15:00
Final Exam
0/1
Final Exam: Computerized Business Accounting
01:15:00
BA_BADM200: Computerized Business Accounting (Professional)
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