Accounting- Quick Books Module

This course introduces students to the fundamentals of financial accounting practice. Students' understanding of key accounting concepts, recording and measuring methods, and disclosure requirements will be developed. Students will learn the process of identification, measurement, recording and communication of financial information through general purpose financial reports using the accrual bases of accounting. Specific issues relating to inventory, non-current assets, liabilities, and equity are examined. Research skills are introduced and students will perform practical research. QuickBooks software labs will give students hands-on accounting experience.

Course Content
  • Introduction to Accounting and Business  

  • Nature of Business and Accounting  

  • Generally Accepted Accounting Principles (GAAP)  

  • The Accounting Equation 

  • Assets vs Liability  

  • Owner Equality 

  • Tangible vs non-Tangible Assets 

  • Business Transactions and the Accounting Equation 

  • Financial Statements 

  • To gain an overview of the course and the topics to be covered 

  • To know how QuickBooks works and how you can get around in QuickBooks 

  • Working with Bank Accounts 

  • Working with Vendors 

  • Working with Various types of transactions/invoices 

  • Working with Revenue Accounts 

  • Working with Payment Accounts 

  • Creating Income sheet 

  • Creating Balance sheet 

  • Creating Cash Flow Statement 

  • Generating Financial Reports 

  • Tracking and Paying Sales Tax 

  • Customize Forms and Reports 

  • Account Tracking and Re-consolidation 

 IT Expert System, Inc. is approved to operate by the Private Business and Vocational Schools Division of the Illinois Board of Higher Education.

 IT Expert System, Inc. is not accredited by a US Department of Education recognized accrediting body. IBHE Mandatory Disclosure Reporting

 IT Expert System, Inc Training programs are approved by the Illinois State Approving Agency for the enrollment of qualified veterans and/or other eligible persons to receive Montgomery GI Bill® education benefits.

‘PMP’ and 'CAPM' are registered marks of the Project Management Institute, Inc.

‘GI Bill' is a registered trademark of the U.S. Department of Veterans Affairs (VA).

Office:

951 N. Plum Grove Rd.

Suite A, C
Schaumburg, IL, 60173

Ph: 847 350 9034

Email: info@itexps.com

Branch Office:

1560 Wall Street,

Suite #111,

Naperville, IL 60563 

Ph: 847 350 9034

Email: info@itexps.com

Disclaimer: At this time, we are not offering any training programs for Nebraska residents.