U.S. Financial Accounting Course: Beginner’s Guide
Crack the Accounting code and earn Your Path to Proficiency
Excel at fundamental Accounting with Experts
Panoramic Learning with Wide Subject Matter Coverage
Acquire real-world skills vital for success in the accounting industry.
Ideal for Beginners and Businesses to Amplify Competence
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Sample Certificate
Course Details
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)
Business enthusiasts eager to grasp the foundational Accounting principles.
Disclaimer : Before attending any course, please verify that the credit details align with your qualification requirements. This certificate is designed to help you acquire new skills and knowledge, which may or may not fulfill specific compliance criteria. While we have made every effort to ensure our courses adhere to compliance standards, we recommend reviewing the details to confirm applicability for your needs.
Course Modules
Course Title
Time
Total Session
1. Accounting fundamentals
1 Hr, 7 Mins
2 Sessions
Basic Fundamentals of Accounting
Outcome of Accounting and its Terminology
2. Introduction Chart of Accounts (In QBO)
1 Hr, 41 Mins
3 Sessions
Basic Understanding of Charts of Accounts(COA)
Practical Guide to Setting Up COA and Sub-Accounts
Practical Implementation of Classes and Locations Setup
3. Journalising Transactions
2 Hrs, 10 Mins
6 Sessions
Conceptual Understanding of Journalizing Transactions
Practical Application of Bank Feeds, Sales Receipts, and Customer Invoices
Practical Handling of Credit Memos, Checks, Expenses, and Bills
Practical Application of Transfer Entries
Practical Handling of Deposits and Undeposited Funds
Practical Application of Inventory
4. Understanding Banking Transactions
2 Hrs, 29 Mins
5 Sessions
Basic Understanding of Bank & CC Transactions
Instructions to Upload CSV File
Understanding Categorization and Banking Rule Features
Bank Reconciliation Statement
Credit Card Upload and Reco for Bank Transactions in QB
5. AP and AR Management
1 Hr, 24 Mins
4 Sessions
Principles of AR and AP
Procurement Workflow for Vendors and Accounts Payable
Sales Workflow for Customer and Accounts Receivable
Reconciliation of AR and AP reports
6. Accrual Entries in Financials
1 Hr, 20 Mins
1 Session
Recording Accruals, Deferrals, and Prepayments in QB
7. Fixed Asset Management
1 Hr, 14 Mins
1 Session
Accounting for Fixed Assets
8. Loan Amortization
16 Mins
1 Session
Theory and Practical Applications of Loan Amortization
9. US Payroll Accounting
1 Hr, 12 Mins
2 Sessions
Introduction for US Payroll - Conceptual Part
Introduction for US Payroll - Practical Part
10. Payroll Processing
35 Mins
1 Session
ADP Payroll Services
11. Payroll Forms
57 Mins
2 Sessions
Understanding Forms W2, W3, W4, 940, and 941
Practical Guide to W-2, W-3, W-4, 940, and 941 Forms with Workpapers
12. Third-Party Payment system
1 Hr, 11 Mins
2 Sessions
E-commerce Accounting with Third-party Payment System - Amazon
E-commerce Accounting with PayPal Integration
13. Intro to Form 1099
39 Mins
2 Sessions
Intro to Form 1099
Practical Guide to Form 1099 in "Yearly" Software
14. Intro to Use Tax and Sales Tax
46 Mins
2 Sessions
Intro to Use Tax and Sales Tax
Practical Guide to Sales Tax Calculation and its Workpapers
15. Month End Process
2 Hrs, 11 Mins
5 Sessions
Month-End Process - Classification of Transaction
Month-End Process - Bank Reco
Month-End Process - Reco of Unclear transaction
Month-End Process - Adjusing JE
Month-End Process - Final Review
16. Year End & Monthly Financial Statement Review
2 Hrs, 6 Mins
2 Sessions
Financials Review - Balance sheet
Financials Review - Profit and Loss along with Workpapers Wrap-UP
17. Final Quiz
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“The U.S. Individual Tax – Beginner’s Edition course provides good strong handouts and supporting material. Handouts supplement the overall learning experience. 📚 MYCPE ONE offers the best courses.”
Steven Worrell, PFS
Tax Consultant
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.”
Dana Haith, CPA (US)
Financial Analyst
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...! 👍”
Donald Mitzel, CMA
Senior Accountant
Core Concepts Covered
“I loved the course for its excellent coverage. This is my third course, more milestones to come…!”
Denise Turner, FP&A
Financial Planning Manager
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.”
John Burley, CFA
Investment Analyst
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 ONE…! 🤝”
Dennis Medina, CGFM
Government Financial Manager
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…!”
Britney Oestreich, PFS
Personal Financial Planner
Amazing Course
“I can’t believe an online course can be this productive…! It is fun to learn on MYCPE ONE! I will return for more courses.”
Hindman Lisa, CIPM
Investment Performance Analyst
Practical Value Course
“Packed with practical value. The evaluative approach to the questions is particularly interesting. This adds to the application skills. Loved it…!”
Lisa Robinson, CBA
Business Valuation Analyst
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…!”
Noelle Stout, ABV
Business Valuation Specialist
Frequently Asked Questions
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.
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