Learning Object ID: 1728 Estimated Time: 03 hr 00 min Description:Businesses operate on cash and strive to earn it. Cash can be defined as dollars and coins, checks, vouchers, and money orders. Accounting procedures are established to ensure that cash receipts and cash disbursements are protected. This course explores the accounting methods for internal control of cash such as petty cash, bank reconciliation, and payroll. Understanding the processing, recording, and safekeeping of cash are vital to the financial stability of a business.
Learning Object ID: 1751 Estimated Time: 02 hr 30 min Description:Did you know that basic accounting transactions for corporations are different than other types of business organizations? Do you need to learn more about the basic accounting principles of corporations? This course is designed to teach you how to perform basic accounting procedures specifically for corporations. You will learn how to record the issuance of stock and record transactions in the corporation's accounts. In addition, you will learn how to determine total and per share shareholder equity.
Learning Object ID: 1729 Estimated Time: 02 hr 30 min Description:A merchandising business is a business that buys goods and sells them for profit. Merchandising businesses, which include wholesalers and retailers, typically handle inventory, therefore accounting procedures exist to record the cost of goods sold or not sold. This course will provide practical information about maintaining accounts and generating financial statements specifically for merchandising businesses. Applying these accounting procedures will help keep a business in control of its goods and ultimately, its profit margin.
Learning Object ID: 1750 Estimated Time: 03 hr 30 min Description:Partnerships are voluntary organizations between two or more people that combine different resources in a business venture. These resources can be money, expertise, personal connections, or experience. Accounting procedures are established to ensure that each partner gets his/her share of the business income or loss. This course explores the accounting methods that pertain to partnerships and the division of its assets.
Learning Object ID: 1725 Estimated Time: 03 hr 30 min Description:How does a business achieve and maintain profitability? An understanding and an accurate application of accounting practices are hallmarks of a successful and financially progressive business. Accounting is a distinct discipline, with its own standards and language. Understanding accounting procedures requires a prerequisite knowledge of certain principles, concepts, terms, and common accounting records. This practical course gives you the why's and how's to accurately conduct accounting activities. Accounting Fundamentals examines the theories of accounting, how to maintain accounting records, and how to generate financial statements. A business deals with many transactions in a single day, so it's important to keep up-to-date records of its finances.
Learning Object ID: 17432 Estimated Time: 03 hr 30 min Description:How does a business achieve and maintain profitability? An understanding and an accurate application of accounting practices are hallmarks of a successful and financially progressive business. Accounting is a distinct discipline, with its own standards and language. Understanding accounting procedures requires a prerequisite knowledge of certain principles, concepts, terms, and common accounting records. This practical course gives you the why's and how's to accurately conduct accounting activities. Accounting Fundamentals examines the theories of accounting, how to maintain accounting records, and how to generate financial statements. A business deals with many transactions in a single day, so it's important to keep up-to-date records of its finances.
Learning Object ID: 1727 Estimated Time: 02 hr 30 min Description:Some businesses carry out hundreds of transactions in a single day. You can imagine the accounting data at the end of the day, or the end of the month. Ultimately, these transactions can be categorized into a few different types. Organizing the transactions through special journals actually reduces the work and allows you to be more efficient in your accounting activities at the end of every period. Efficient accounting activities are an important aspect to a successful and profitable business. This practical course shows you how to maintain an accounting system and perform closing activities in three lessons, Special Journals, Subsidiary Ledgers, and Closing Activities.
Learning Object ID: 6619 Estimated Time: 01 hr 00 min Description:The subject being tested is accounting terminology for individuals that are quite familiar with accounting and have worked with client data for at least two years. It is not applicable to individuals who are not familiar with the process of producing a financial statement. The topics covered are financial statement terms, payroll terms, basic accounting terms, and general ledger terms.
Learning Object ID: 6600 Estimated Time: 01 hr 00 min Description:The subject being tested is accounting terminology for individuals that are familiar with accounting and have worked with client data for at least a year. It is not applicable to individuals who are not familiar with the process of producing a financial statement. The topics covered are financial statement terms, payroll terms, basic accounting terms, and general ledger terms.
Learning Object ID: 6550 Estimated Time: 01 hr 00 min Description:This test aims at assessing the skill level of an Accounts Payable candidate. It addresses the following accounts payable functions; bookkeeping, cash flow, accounting procedures and practices, reports reconciliation, invoice handling, cash management, generating reports, and maintaining master vendor files, among others.
Learning Object ID: 6745 Estimated Time: 01 hr 00 min Description:This ACCPAC Pro Series test is designed to measure fundamental knowledge of ACCPAC accounting as well as the principles and terminology used by professional Accountants to manage day-to-day business operations. It will measure the test taker's ability to understand and use the ACCPAC system of menus, messages, and data entry screens associated with Accounts Payable, Accounts Receivable, and General Ledger.
Learning Object ID: 1726 Estimated Time: 02 hr 00 min Description:It's the end of the fiscal year and all transactions must be accounted for. But there are some transactions that aren't complete, such as paying interest or delivering services. Do you record them or ignore them? The accrual basis of accounting is guided by the principle that says the revenue earned by a business must match all the expenses incurred to generate that revenue. This course will explain the step-by-step procedures to properly record incomplete transactions at the end of an accounting period. The transactions typically involve expenses, revenue, and depreciation. Accrual accounting procedures will ensure that your financial information about the business's performance is accurate. After all, accurate financial information is the basis for making crucial decisions in any successful business.
Learning Object ID: 6756 Estimated Time: 01 hr 00 min Description:The Advanced Accounting test is designed to screen applicants of approximately three to five years experience in accounting. It covers the areas of Accounts Payable, Accounts Receivable, Payroll, General Ledger, Financial Analysis, Cost Accounting, and Auditing. Without focusing on a specific software package, the test attempts to focus upon skills used by an accountant in the work environment, and less on the general ledger equivalent of each entry that one would find in an academic test.
Learning Object ID: 17433 Estimated Time: 02 hr 00 min Description:Have you ever had to make a really tough business decision? They can be hard to make, especially since a bad decision can ruin a company. Fortunately there is a way to make a more informed and better business decision; by analyzing your company's financial statements. They contain information that can help you improve your company's efficiency and overall effectiveness. Cash flow statement analysis focuses on determining your company's ability in the following four areas: (1) ability to meet short-term obligations and to efficiently generate revenue, (2) ability to generate future revenues and meet long-term obligations, (3) ability to provide financial rewards and attract and retain financing, and (4) ability to generate positive market expectations.
Learning Object ID: 6017 Estimated Time: 01 hr 00 min Description:This skills evaluation was designed for bank teller candidates with varying levels of experience, from basic teller skills to advanced banking product knowledge. The subject matter covered by this exam is predominately technical, including knowledge of basic transaction processing, teller accounting, government regulations in the banking industry, and core bank product knowledge. The majority of the questions are answerable by candidates with about 1 year of teller experience, while the remaining minority of the questions should distinguish the more experienced candidates.
Learning Object ID: 6741 Estimated Time: 01 hr 00 min Description:The Bookkeeping - Professional assessment measures the test taker's capabilities as a full-charge Bookkeeper. The candidate should be able to pay bills, track receivables, process payroll in full, post journal entries, and maintain a company's books and basic financial statements. Topics include Accounting Principles, Accounts Payable/Coding, Accounts Receivable/Billing, Bank Reconciliation, Depreciation, Financial Statements, Payroll Posting, Closing, and Journal Entries.
Learning Object ID: 6023 Estimated Time: 01 hr 00 min Description:The aim of this test is to assess the skill level of the test taker in traditional Budget Aide responsibilities. The test is geared toward those that have approximately one year of experience assisting a budget coordinator/supervisor. This test covers basic, intermediate and advanced levels of knowledge associated with this position. The three main areas covered are Accounting Knowledge (vocabulary use, journal entries and problem solving), Budget Knowledge (vocabulary use and problem solving) and Excel Spreadsheet Usage (equations).
Learning Object ID: 6024 Estimated Time: 01 hr 00 min Description:This test covers the skill set necessary for a budget officer to be successful in their position. It includes terminology, accounting, financial and organizational components. Such specific topics covered include macro and micro budgeting, computation, and computer use. The questions range in skill level between basic, intermediate and advanced. This test is intended for the person with at least one year of experience in the field.
Learning Object ID: 6701 Estimated Time: 01 hr 00 min Description:This test for Business Income Tax is designed to determine the level of tax and accounting knowledge of the test taker. Many of the questions are basic in nature and should be easily handled by someone with as little as one year's experience in the area. Other questions are more detailed and are targeted to those test takers with more experience and who may be pursuing a professional qualification in this area. Topics include Assets, Business Use, Deductions, Inventory, Property, Self-Employment, and Taxes.
Learning Object ID: 6504 Estimated Time: 01 hr 00 min Description:The Canadian Payroll test is designed to assess the skill level of the test taker in payroll preparation and principles. It covers many areas including payroll cycle, payroll accounting, payroll regulation, vacation pay, bonus deduction, payroll document, and internal controls. This test is appropriate to administer to those intending to work in a Canadian payroll environment. Tests for Canadian Account Payable and Canadian Accounts Receivable are also available.
Learning Object ID: 6702 Estimated Time: 01 hr 00 min Description:The Corporate Tax Accounting test is designed to determine the tax and accounting ability of a candidate who is seeking employment in this field. Many of the questions are basic in nature and should be easily handled by someone with as little as one year's experience in the area. Some of the other questions are more detailed and involved and are targeted to those candidates with more experience who may be pursuing a professional qualification in this area.
Learning Object ID: 6257 Estimated Time: 01 hr 00 min Description:The Cost Accounting test covers most of the major areas of costing including Process Costing and Standard Costing. Specific topics covered include, but are not limited to, product costing, general costs, manufacturing costs and breakeven points.
Learning Object ID: 1762 Estimated Time: 04 hr 00 min Description:Cost accounting is an activity that provides financial and nonfinancial information to business managers and other internal decision makers of an organization. This course examines how cost accounting information is gathered, and how it is used by business professionals to make effective decisions. Topics such as Cost-volume-profit (CVP) Analysis, Standard Costing and Variance Analysis, and Activity-based Costing (ABC) will provide you with the concepts, procedures, and analytical skills you'll need to make cost accounting decisions in today's complex business environment.
Learning Object ID: 15702 Estimated Time: 02 hr 30 min Description:The SAP Financial modules are at core of any integrated SAP System. All module transactions with a monetary impact flow through to the Finance module, usually in real time and automatically through the SAP configuration. In order to work with the Finance Module or any module, you must have an understanding of the concepts behind mySAP ERP and be familiar with the steps for executing tasks using SAP's interface. This course discusses these underlying concepts, and introduces the SAP R/3 GUI. It also identifies the data required to align your business processes with the Financial Accounting and Controlling modules in order to complete financial transactions and create reports.
This course focuses on the use of SAP R/3, and offers additional information about the upgrades and enhancements available in SAP ERP 6.0.
Learning Object ID: 6408 Estimated Time: 01 hr 00 min Description:The Financial Management Test is designed to assess various skill levels and competencies in the financial management of a company. The test is specifically geared towards assessing skill level and basic knowledge of 1) financial markets and interest rates, 2) the financial management of working capital, 3) the determination of optimal capital structure and firm valuation, 4) accounting and controlling, 5) applying financial planning and decision support principles, and 6) understanding business combinations and restructurings. These are the concepts and areas of knowledge that the finance manager must deal with on a daily basis. The target audience would be those persons applying for managerial and staff positions in financial planning and analysis; financial and cost accounting (CFO, Controller, Accounting Manager) including managerial positions in receivables, payables and inventory; and treasury management/staff functions.
