Accounting Basics

ACCT 0202

Building on your skills and knowledge of bookkeeping basics, you will learn to prepare fiscal/period end statements and reports. You will learn and practice the process for adjusting, closing and reversing entries by the matching of revenue and expenses at a cut-off date, including cash accounts, bad debts, prepaid or unexpired expense accounts, inventory adjustments, fixed assets and depreciation, deferred revenue, temporary investments, accruals and entries for partnerships and corporations. Prerequisite: Bookkeeping Basics or equivalent.

Hours: 12

Class Sections

No classes are available for online enrollment at this time.

Bookkeeping & Accounting Technology

Professional Development Certificate

Acquire the foundational bookkeeping and accounting skills in a user-friendly format that you can apply immediately in your business or workplace, or to help you be better prepared for post-secondary courses in accounting.


If you have any questions about your enrolment, or if you would prefer not to enrol online, contact us and we will be happy to assist you.

School of Continuing Education
phone: 780-497-4400
toll-free: 1-855-797-4400

Customized corporate training

Let us develop and deliver custom learning solutions for your workplace. Contact our corporate training team at 780-497-5207 for a comprehensive needs assessment and on-site or off-site training that fits your schedule.