Bookkeeping & Financial Accounting MicroDiploma
Credential: MicroDiploma
MicroDiplomas are intended
for students who want to
upgrade their skills or get
a comprehensive education in
a new subject.
Offered By
About This Program
This course covers essential topics such as financial statement preparation, income statements, balance sheets, and short and long-term assets and liabilities. It also emphasizes the importance of understanding shareholders’ equity within the Generally Accepted Accounting Principles (GAAP) framework. The course aims to provide a solid understanding of accounting principles in an academic tone, enabling one to navigate the complexities of financial accounting with accuracy and confidence.
What will you learn:
- Become proficient in understanding the content and objectives of financial statements and exploring the importance, applications, ethical considerations, and societal responsibilities associated with accounting
- Explain the accounting cycle, accounts, debits, credits, transaction recording methods, and trial balances
- Create adjusting entries for prepaid expenses, depreciation, unearned and accrued revenues to understand their impact on financial statements
- Calculate current and debt-to-equity ratios to understand a company’s financial state and overall financial condition
In the advanced accounting and payroll course, students gain a deeper understanding of financial accounting principles. The course covers various topics such as financial statements, income statements, balance sheets, and management of assets, liabilities, and shareholders’ equity under GAAP. The primary goal of the course is to enhance students’ accounting skills and knowledge.
What will you learn:
- Analyze a company’s financial components and understand the difference between PST, HST, and GST
- Learn how to calculate the cost of goods sold and inventory using various methods and understand internal control principles for practical application
- Explain accounts receivable, documentation, allowance method, turnover ratios, and days’ sales uncollected
- Calculate depreciation with different methods to better understand the concept
This MicroDiploma includes this course to assist students in transitioning from manual bookkeeping to computerized accounting processes. The course emphasizes practical, hands-on experience in configuring and input financial data, such as income and expense information, client and supplier records, invoicing procedures, and payment transactions. Students can acquire proficiency in these skills through immersive activities.
What will you learn:
- Master QuickBooks and stay current with its applications in different work environments
- Use QuickBooks to create detailed and summarized financial reports that capture essential information
- Learn how credit purchases affect QuickBooks reports
- Learn how to make precise General Journal entries using QuickBooks’ tools and functions
Program Objectives:
This MicroDiploma’s purpose is to give students an understanding of the complexities of accounting, why it is essential for companies and organizations, and how proper management of financial records will eliminate issues in the future. Perfect for small business owners and individuals who want to better manage their financial picture. Completing this course gives students credits toward our accounting diploma programs while increasing their marketability.
Grading:
All three courses in this MicroDiploma are graded in the following format:
- 30% Assignments/Homework
- 30% Quizzes
- 40% Knowledge Assessments
This MicroDiploma is part of:
Average Duration
14 weeks at 20 hours per week.
Language
All courses are taught in English.
Canadian Application
Apply your new knowledge and skills to a career in Canada.
Textbook Included
World-class textbooks are available with no extra cost.
Transfer Credits
Module credits you have completed can be put towards a MicroDiploma. Earn MicroDiploma credits to put towards a Diploma.
Textbook
Fundamental Accounting Principles
Fundamental Accounting Principles is highly regarded for its student-centred content, robust teaching methods, and innovative technology. Author Kermit Larson emphasizes student success at its core, streamlining complex accounting processes and helping students build confidence by mastering key concepts and procedures. Canadian authors Heidi Dieckmann and John Harris present accounting principles concepts in a clear, relevant, and technically accurate. Developed based on evolving market needs, Larson supports both accounting and non-accounting students to be career ready.
Author:
Kermit Larson: The Arthur Andersen & Co. Alumni Professor of Accounting Emeritus at the University of Texas at Austin. He served as chair of the University of Texas, Department of Accounting, and was visiting associate professor at Tulane University. His scholarly articles have been published in various journals, including The Accounting Review, Journal of Accountancy, and Abacus. He is the author of several books, including Financial Accounting and Fundamentals of Financial and Managerial Accounting, both published by Irwin/McGraw-Hill. Professor Larson is a member of the American Accounting Association, the Texas Society of CPAs, and the American Institute of CPAs
Build Job-ready Skills To Succeed in Canada
Take advantage of an increasing job market in Canada.
4,564*
Job Postings
$44,000
Average salary
Job Opportunities
Sources
These statistics are from indeed.com and payscale.com
from February, 2023 and may not represent
current employment numbers.
Skills You Will Gain
-
Accounting
-
Math
-
Spreadsheets
-
QuickBooks
Enroll Now To Start Today
Bookkeeping & Financial Accounting MicroDiploma
$800.00
All Taxes and Fees Included
- Earn skills to unlock your career potential
- Textbook included with 12 month access
- Learn on your own schedule
- No degree or experience required
- Shareable certificate upon completion
- Graded quizzes and assignments
- Earn credits toward a diploma
- 5-day money back guarantee
Exclusive Benefits of a Canada North College MicroDiploma
Affordability: Compared to other Canadian online and in-person colleges, we offer the same high-quality education at lower prices.
Top Learning Materials: We use the best textbooks and learning platforms available, written and recognized by industry experts.
Industry-experienced Instructors: Our faculty members come from the course industry and are up to date on the latest trends and techniques.
World-Class Skills: Canadian post-secondary education is recognized the world over for its excellence in preparing students to enter the global job market.
Cost Effective: Because we are online, there is no need to obtain a student visa or incur the financial or emotional costs associated with relocating to Canada for your studies.
Career-Focused Knowledge: Graduate prepared to enter the job market that corresponds to your field of study and ready to meet employer needs.
FAQ
Enrolling in a NeoCanada Diploma, MicroDiploma or Module course is easy. Simply follow these steps:
Step 1: Choose your program
For this, you can use the search tool on the top or access the program list in the main menu.
When you have found the listed programs that matches your expectations, click on the “Learn more” button. This will take you to the course description page.
Step 2: Click the “Enroll Now” button
Once you have chosen your program, you will find the red ‘Enroll Now’ button at the top and bottom of the page. Clicking this button will take you to the payment page.
Step 3: Check out
Now, all that is left is for you to fill in your personal and payment information and click on “Place Order”.
Once submitted and your payment is confirmed, you will get confirmation of your transaction, and you can begin your course.
Everything depends on your experience, location, industry, and the job market itself. According to salary data from PayScale, the average salary for a Payroll Administrator in the United States is around $50,000 per year, starting at $35,000 per year for entry-level positions. The average salary for a Junior Accountant in the United States is around $45,000 per year, starting at $30,000 per year for entry-level positions.
All commerce programs are highly sought-after credentials as so many jobs require business skills. Most companies have a core of management, human resources, marketing, finance, and accounting personnel. With an Account, Tax, & Payroll diploma, you can join the ranks of this industry by earning essential knowledge and skills in finance and accounting.
Online learning is user-centric. Students can study at their own pace, repeat assessments, and take breaks when needed. This helps students to balance their work, education, and family without feeling overwhelmed.
Online learning is accessible. Students only need a space to work with a connection to the internet. Anyone can turn their home into a classroom with Online Learning!
Online learning costs less. NeoCanada doesn’t have classrooms, so we can charge less for the exact same learning materials that are used in Canadian Colleges and Universities. Students also save money because they don’t have to pay for transportation between the classroom and their residences.
‘Four in five Canadian post-secondary students feel the COVID-19 pandemic has fundamentally changed their expectations of a higher education experience and want a tertiary education that matches their digital lifestyle, finds new poll research by KPMG in Canada.’
Canada is known for its educational excellence. This is why Canada is one of the top education destinations in the world, with over 620,000 international students enrolled.
Canadian education is recognized and highly valued around the world; employers know that it’s an accomplishment to receive a credential from a Canadian Institution.
Graduates from Canadian post-secondary institutions have higher employability rates, making them more competitive in the job market both domestically and globally.
Diplomas focus on a distinct discipline and are intended to give students a practical education to develop greater knowledge. Graduates of Diploma Programs have proven themselves to be capable individuals and are highly valuable to employers.
- Diplomas are comprised of 4-7 MicroDiplomas
MicroDiplomas are a section of a Diploma. They are intended for students who want to upgrade their skills or get a comprehensive education in a new subject.
- MicroDiplomas are comprised of 2-4 courses.
Modules provide students with knowledge of a single subject and are an excellent way for students to try out online education and learn something new.
You get all the benefits of a Canadian education without the travel, lodging, or time spent away from home that traditional in-person Canadian schools incur on foreign learners. You can remain in your country with your friends, family, and support networks without interrupting your current job or lifestyle.
NeoCanada is not an immigration consulting firm or an immigration service provider. We do not provide legal advice, immigration advice, or assistance in the immigration application process. Our services are solely focused on education and skill enhancement.
Click here to read more.