This online Certified Bookkeeper course helps professional bookkeepers earn the prestigious American Institute of Professional Bookkeepers (AIPB) certification.
What you will learn
- Eligibility requirements, code of ethics, and maintenance requirements.
- How to apply the concepts of accrual accounting to transactions that span fiscal periods and trace the effect of accrual and deferral transactions.
- Adjustment of entries.
- Identification and correction of accounting errors and reconciliation of bank accounts.
- Book and tax depreciation, including various methods of calculating depreciation for book and tax purposes.
- Basic payroll, from paying wages to depositing and reporting taxes.
- How to value inventory, record costs, make entries, and report inventory on financial statements.
- How to use basic internal controls to prevent theft, embezzlement, or check and credit card fraud by employees, customers, or vendors.
How you will benefit
- Upon completion of the course, you'll be prepared to sit for the American Institute of Professional Bookkeepers exam.
- You may take the exam at any Prometric Test Center.
- This course can be taken on either a PC or Mac.
- PC: Windows XP or later.
- Mac: OS X Snow Leopard 10.6 or later.
- Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.
- Microsoft Word (not included in enrollment).
- Microsoft Excel (not included in enrollment).
- Adobe Flash Player. Click here to download the Flash Player.
- Adobe Acrobat Reader. Click here to download the Acrobat Reader.
- Software must be installed and fully operational before the course begins.
- Email capabilities and access to a personal email account.
Instructional Material Requirements:
The instructional materials required for this course are included in enrollment. The AIPB provides the six workbooks that are required for this course.
Books/Materials/Exam Fees are non-refundable upon registration.
Certified Bookkeepers are the elite of their profession, much like CPAs are the best in the accounting field. For bookkeepers, gaining industry-recognized certification increases your earning potential and enhances your professional status.
From bank reconciliation to inventory methods, this online course will prepare eligible bookkeepers for the American Institute of Professional Bookkeepers (AIPB) certification exam. AIPB certification is the highest standard in the profession, so this course is recommended to practicing bookkeepers with several years of experience and a working knowledge of payroll concepts, including accounting transactions and journal entries.
The Certified Bookkeeper course includes a prepaid voucher with enrollment that provides access to sit for the AIPB certification exam. Once you have successfully completed the course, you will receive detailed instructions regarding use of the exam voucher at any Prometric Test Center.
- Becoming a Certified Bookkeeper
- Eligibility Requirements
- Testing Program
- Code of Ethics
- Maintenance of Certification
- Accruals, Deferrals, and the Adjusted Trial Balance
- Why Accruals, Deferrals, and Other Adjustments are Made
- Accruing Revenues and Expenses
- Recognizing Revenues Collected in Advance
- Recognizing Expenses After a Prepayment
- Other Adjusted Entries
- Unadjusting Trial Balance Through the Adjusted Trial Balance
- Correction of Accounting Errors and the Bank Reconciliation
- When and Where Accounting Errors Occur and How They Are Discovered
- Performing the Bank Reconciliation
- Finding and Correcting Errors on the Unadjusted Trial Balance
- Correcting Current-Period Accrual and Deferral Errors
- How to Pay Different Types of Employees
- Federal and State Wage-Hour Law
- Paying Employees Under Federal Law
- Employment Records and Payroll Recordkeeping
- Form W-4 and Comparable State Forms
- Withholding and Depositing Federal Taxes
- Federal Employment Reporting Forms and Due Dates
- When Wages Become Taxable
- Other Reporting Rules
- Payroll Register and Journal Entries
- The Difference Between Book and Tax Depreciation
- Depreciation under GAAP
- Computing and Allocation Depreciation
- Depreciation Under Federal Tax Depreciation Rules
- Tax Depreciation of Vehicles
- General Concepts of Accounting for Inventory
- The Perpetual Method
- The Periodic Method
- Weighted-Average and Moving-Average Methods
- First-In, First-Out (FIFO) Method
- Last-In, First-Out (LIFO) Method
- Lower of Cost or Market LCM Rule
- Internal Controls and Fraud Depreciation
- How to Prevent or Spot Theft of Inventory and Other Non-cash Assets by Employees
- Preventing Employee Theft, Embezzlement, or Fraud by Hiring the Right Personnel
- Insuring the Company Against Theft
- How to Prevent or Spot Customer Check Fraud
- Signs that May Indicate Payroll Fraud
- How to Prevent or Spot Customer Credit Card Fraud
- Recommended Rules for Company Credit Cards
- Preventing Vendors From Cheating the Company
Wade Lindenberger is a CPA with over 20 years of financial accounting and management experience in public accounting and private industry. He is currently Director of Finance and Administration for New Children's Museum. Before his current position, he worked as the National Finance and Accounting Service Line Leader for Premier Alliance Group, a national professional services firm. Wade was also Director of the Finance and Accounting service line for the San Diego office of a global, publicly held professional services firm. Before becoming a consultant, Wade was Divisional Controller for one of the leading health and fitness club chains in the world. He has also been Internal Audit Manager and Divisional Controller for a division of a Fortune 500 global energy project management company. He began his career with Coopers & Lybrand, predecessor to PricewaterhouseCoopers, one of the "Big Four" CPA firms. He has previously served as an instructor for courses at Coopers & Lybrand and at the University of California at San Diego for the Extension Course and is currently an adjunct professor at the University of San Diego School of Business. He is a member of the American Institute of Certified Bookkeepers' Advisory Board.
Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.