myCPE
myCPE

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Course Modules

  • 1. Accounting fundamentals

    2 Sessions | 1 Hr, 7 Mins

    • Basic Fundamentals of Accounting

      40 Mins

    • Outcome of Accounting and its Terminology

      27 Mins

  • 2. Introduction Chart of Accounts (In QBO)

    3 Sessions | 1 Hr, 41 Mins

    • Basic Understanding of Charts of Accounts(COA)

      32 Mins

    • Practical Guide to Setting Up COA and Sub-Accounts

      46 Mins

    • Practical Implementation of Classes and Locations Setup

      24 Mins

  • 3. Journalising Transactions

    6 Sessions | 2 Hrs, 10 Mins

    • Conceptual Understanding of Journalizing Transactions

      24 Mins

    • Practical Application of Bank Feeds, Sales Receipts, and Customer Invoices

      35 Mins

    • Practical Handling of Credit Memos, Checks, Expenses, and Bills

      30 Mins

    • Practical Application of Transfer Entries

      6 Mins

    • Practical Handling of Deposits and Undeposited Funds

      18 Mins

    • Practical Application of Inventory

      16 Mins

  • 4. Understanding Banking Transactions

    5 Sessions | 2 Hrs, 29 Mins

    • Basic Understanding of Bank & CC Transactions

      31 Mins

    • Instructions to Upload CSV File

      15 Mins

    • Understanding Categorization and Banking Rule Features

      37 Mins

    • Bank Reconciliation Statement

      28 Mins

    • Credit Card Upload and Reco for Bank Transactions in QB

      38 Mins

  • 5. AP and AR Management

    4 Sessions | 1 Hr, 24 Mins

    • Principles of AR and AP

      14 Mins

    • Procurement Workflow for Vendors and Accounts Payable

      16 Mins

    • Sales Workflow for Customer and Accounts Receivable

      22 Mins

    • Reconciliation of AR and AP reports

      31 Mins

  • 6. Accrual Entries in Financials

    1 Session | 1 Hr, 20 Mins

    • Recording Accruals, Deferrals, and Prepayments in QB

      1 Hr, 20 Mins

  • 7. Fixed Asset Management

    1 Session | 1 Hr, 14 Mins

    • Accounting for Fixed Assets

      1 Hr, 14 Mins

  • 8. Loan Amortization

    1 Session | 16 Mins

    • Theory and Practical Applications of Loan Amortization

      16 Mins

  • 9. US Payroll Accounting

    2 Sessions | 1 Hr, 12 Mins

    • Introduction for US Payroll - Conceptual Part

      29 Mins

    • Introduction for US Payroll - Practical Part

      42 Mins

  • 10. Payroll Processing

    1 Session | 35 Mins

    • ADP Payroll Services

      35 Mins

  • 11. Payroll Forms

    2 Sessions | 57 Mins

    • Understanding Forms W2, W3, W4, 940, and 941

      16 Mins

    • Practical Guide to W-2, W-3, W-4, 940, and 941 Forms with Workpapers

      41 Mins

  • 12. Third-Party Payment system

    2 Sessions | 1 Hr, 11 Mins

    • E-commerce Accounting with Third-party Payment System - Amazon

      23 Mins

    • E-commerce Accounting with PayPal Integration

      48 Mins

  • 13. Intro to Form 1099

    2 Sessions | 39 Mins

    • Intro to Form 1099

      26 Mins

    • Practical Guide to Form 1099 in "Yearly" Software

      13 Mins

  • 14. Intro to Use Tax and Sales Tax

    2 Sessions | 46 Mins

    • Intro to Use Tax and Sales Tax

      30 Mins

    • Practical Guide to Sales Tax Calculation and its Workpapers

      16 Mins

  • 15. Month End Process

    5 Sessions | 2 Hrs, 11 Mins

    • Month-End Process - Classification of Transaction

      23 Mins

    • Month-End Process - Bank Reco

      30 Mins

    • Month-End Process - Reco of Unclear transaction

      4 Mins

    • Month-End Process - Adjusing JE

      31 Mins

    • Month-End Process - Final Review

      42 Mins

  • 16. Year End & Monthly Financial Statement Review

    2 Sessions | 2 Hrs, 6 Mins

    • Financials Review - Balance sheet

      1 Hr, 38 Mins

    • Financials Review - Profit and Loss along with Workpapers Wrap-UP

      28 Mins

  • 17. Final Quiz

Course Preview

Course Overview

What You’ll learn

The course is meticulously crafted to provide you with a strong foundation in accounting principles and practices. Whether you are new to accounting or looking to refresh your knowledge, this course covers key topics essential for understanding financial data, recording transactions accurately, and helping make informed financial decisions. You will gain practical skills and insights that are valuable for an accounting career. Kickstart your journey to accounting expertise today!

Major Topics covered :

  • Accounting Fundamentals & Introduction to Chart of Accounts (In QBO)

  • Journalizing Transactions & Understanding Banking Transactions

  • AP and AR Management & Accrual Entries in Financials

  • Fixed Asset Management & Loan Amortization

  • US Payroll Accounting & Payroll Processing

  • Payroll Forms & Third-Party Payment System

  • Intro to Form 1099, Use Tax, and Sales Tax

  • Month-End Process & Year-End/Monthly Financial Statement Review

Recommended For
  • Individuals aspiring for the necessary skills and experience in the US financial Accounting domain.

  • Professionals seeking practical Accounting applications.

  • Business enthusiasts eager to grasp the foundational Accounting principles.

Job Opportunities

  • Staff Accountant
  • Junior Accounts Executive
  • Accounts Payable Executive
  • Officer: Accounts Receivables
  • Bookkeeping Assistant
  • Payroll Administrator
...
...

Testimonials

DH

Dana Haith
  • (5)
Simple to Understand, and Detailed in its Approach

Excellent course with strong coverage of core accounting! 🌟 It is rich with simple-to-understand language and easy-to-apply applications.

DM

Donald Mitzel
  • (5)
Instructors are Great.

The instructors handled the technicality of the course beautifully for the newbies as well as accounting professionals. The inclusion of practical aspects made the course worthwhile. A great experience...! 👍

DT

Denise Turner
  • (5)
Core Concepts covered

I loved the course for its excellent coverage. This is my third course, more milestones to come…!

JB

John Burley
  • (5)
A Good Course, Especially for Beginners.

It’s a great course for beginners. Highly recommend it ‘coz it provides the basic understanding required for accounting in a simple yet effective manner.

SW

Steven Worrell
  • (4.5)
Useful materials included that make the course rich.

Rich course with handouts and supporting materials. I was not able to provide particularly key attention in one class, but the rich handout 📚 helped me make things clear. The learning experience is remarkable.

DM

Dennis Medina
  • (4.5)
Real-world Applications shared

I loved the aspects covered in the course that I can apply to any industry. It provides guiding principles that can help make financial decisions with clarity and precise understanding. Good course myCPE…! 🤝

BO

Britney Oestreich
  • (5)
Engaging Accounting Course

The number of practical aspects covered in the course and the questions asked made it easy to engage with the course. I loved the overall experience. 🚀 Go for it…!

HL

Hindman Lisa
  • (5)
Amazing course

I can’t believe an online course can be this productive…! It is fun to learn on myCPE! I will return for more courses.

LR

Lisa Robinson
  • (5)
Practical value course

Packed with practical value. The evaluative approach to the questions is particularly interesting. This adds to the application skills. Loved it…!

NS

Noelle Stout
  • (4.5)
Accounting essentials covered.

Course is effective in including the required areas. It's clear, concise, and provides an invaluable skill set for professionals. Worth it…!

FAQs

myCPE is the fastest growing Online Continuing Educational Platform with a potential outreach of 1.4M+ audience of accounting, tax, finance, and HR Domain including but not limited to CPAs, Accountants, Bookkeepers, Tax professionals, HR Professionals, Payroll Professionals, Finance Professionals, CFOs, Controllers, Advisor, etc. in the united states and Canada, UK and Globally.

With myCPE, you can host marketing/educational webinars, virtual conferences, podcasts and eBooks to build awareness about your business and generate leads. Here is why myCPE is the best platform for Edu-Marketing:

  • You can target your relevant audience.
  • We have a potential outreach of 1.4 million professionals with different designations.
  • We get content approved for 100+ qualifications for continuing education, so you can target your relevant audience.
  • We provide an end to end technology backbone to conduct webinars and distribute credits. You have to come up with your content and present.
  • We are approved by NASBA, IRS, CFP Board, CTEC, SHRM, HRCI, and several other regulatory authorities for providing continuing education.

The course delivers an in-depth understanding of the essentials of U.S. Financial Accounting like accrual accounting, journalizing transactions, month-end process, financial statement review, and more.

It is an ideal course for individuals interested in practical accounting through focused practical training. It can also be beneficial to professionals in the accounting domain looking to improve their expertise, and anyone interested in getting an in-depth understanding of U.S. financial accounting.

This course includes over 75 simulations and practical training that supplements over 350 quizzes that provide a detailed explanation-rich and hands-on learning experience.

This course provides essential coverage of the essentials of accounting along with downloadable PDF materials, delivering practical case studies, simulations, and quizzes to strengthen the understanding of accounting concepts.

Led by accounting subject matter experts, rich with insights that avail practical value, the course ensures that the learning is relevant to current industry practices and ready to take on real-world challenges.

This course provides a unique opportunity for graduates to take on challenging roles like Accounts Executive, Accounts Payable executive, Accounts Receivable officer, and more. To pursue a strong foundation for a long successful career. Salary prospects range from $30,500 for entry-level positions to upwards of $88,000 at a professional level.