Accounting




Our programs help businesses expand that provide employees with innovative ways to keep motivation, improve productivity as well as  growing professional skills.

The programs can help individual employees who need a professional training , so our students can enjoy greater job fulfillment and perform more effectively.





 

ACCOUNTING I

Our Career Training in Accounting 1 is an intensive training that introduces you from fundamental bookkeeping and payroll to intermediate financial accounting and computerized accounting.  This training covers three major courses:

  • 1· Financial Accounting Level 1 (28 hours);
  • 2· Payroll Level 1 (24 hours);
  • 3· Computerized Accounting Level 1 (Sage50/QuickBooks) (28 hours).

In this training, you will acquire not only the basic bookkeeping skills, but also enable you to make the adjusting entries and prepare the financial statements. You will also be able to apply Canadian payroll compliance knowledge to manage employee records and to effectively communicate all aspects of the individual pay calculation process to external and internal stakeholders. This training is designed for beginning students or for those wishing to upgrade their skills. As no prerequisites or applications are required, everyone is welcome to register.

Financial Accounting Level 1 (28 hours)

Course Description
This course is a beginning approach to manual accounting. You will lean the theory and practice of accounting; includes procedures in the accounting cycle from journalizing, posting, and the trial balance through the preparation of financial statements, adjusting and closing entries, and the post-closing trial balance. Application of principles is made to service and merchandising enterprises.
 Prerequisite: None

Description of Modules

Chapter  1

Financial Statements and Business Decisions

Chapter  2

Analyzing changes in Financial Position

Chapter  3

Preparation of general journals and T-accounts

Chapter  4

Preparation of account ledgers and trial balance

Chapter  5

The Income Statement and Revenue, Expenses, and Drawings

Chapter  6

Preparation of Worksheets

Chapter  7

Adjusting Entries I

Chapter  8

Adjusting Entries II

Chapter  9

Completing the Accounting Cycle by using the worksheets

Chapter 10

Preparation of classified Financial Statements


Payroll Level I (24 hours)

Section Description
This course introduces you the Canadian payroll concepts and principles, tax responsibilities, and annual reporting. You will know the payroll compliance responsibilities that affect organizations, apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations.

Prerequisite: None

Description of Modules

Chapter  1

Introduction to Canadian Payroll

Chapter  2

Labour and Employment Standards

Chapter  3

Calculation of Gross Earnings

Chapter  4

Pensionable, Insurable, and Taxable Earnings

Chapter  5

Non-Statutory Withholdings From Payroll

Chapter  6

Calculation of Net Pay

Chapter  7

Employer Payroll Taxes and Premiums

Chapter  8

Accounting for Payroll


Computerized Accounting (Level 1)
Our computerized Accounting courses introduce you step by step to the integrated computerized accounting system using Sage 50, 2017, or QuickBooks, 2017, for Windows. Upon completion, you will be able to establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.

Sage 50 Accounting Level 1 (28 hours)

Course Description
This course introduces you how to perform daily accounting tasks using Sage 50 Accounting, which is used by many businesses in BC. Explore the home window and learn the core functionality while accessing the important modules containing the accounting journals used to enter business transactions, including the General Journal, Accounts Payable, Accounts Receivable, and Payroll modules.

Prerequisite
Please note this course is not intended as a bookkeeping course a basic knowledge of Windows & bookkeeping is recommended.

Required Materials:
Please bring your own laptop.

Description of Modules

Chapter  1

Getting Started: Introduction to Sage 50

Chapter  2

GST, HST and PST

Chapter  3

General Journal

Chapter  4

General ledger Setup

Chapter  5

Accounts Payable

Chapter  6

Accounts Receivable

Chapter  7

Receivables & payables Setup

Chapter  8

Payroll Journal

Chapter  9

Payroll ledger Setup

Chapter 10

Inventory


QuickBooks Level 1 (26 hours)

Course Description
This course introduces you how to perform daily accounting tasks using QuickBooks including: working with the Customers Centre, the Employee Centre, and the Vendor Centre; writing cheques, transferring money between accounts, and reconciling accounts; working with asset, liability, and equity accounts; processing sales orders and recording customer payments; accounts payable and accounts receivable; entering and paying bills; and basic payroll functions. Students should be familiar with the following accounting terms: asset, liability, equity, balance sheet, trial balance, income statement, debit & credit, ledger & journal, accounts payable & accounts receivable, and federal government remittance process for GST/HST.

Prerequisite
Please note this course is not intended as a bookkeeping course a basic knowledge of Windows & bookkeeping is recommended.

Required Materials:
Please bring your own laptop.

Description of Modules

Chapter  1

Getting Started: Introduction to QuickBooks

Chapter  2

GST, HST and PST

Chapter  3

Cash Transactions

Chapter  4

General Journal Transactions

Chapter  5

Receivables & Payables Setup

Chapter  6

Creating a New Company

Chapter  7

Vendor Transactions

Chapter  8

Customer Transaction

Chapter  9

Discounts, Estimates, & Orders

Chapter 10

Payroll Transaction


Marking Scheme
This course has in-class exercises weights 25%, assignments weighs 50%, and one final project weigh 25% toward the final grade.
Instructors have the discretion to make changes to the marking scheme deemed necessary. For details, please refer to individual class syllabus.

 Grading scale:

A

94 – 100%

C+

75 –   79%

A-

90 –   93%

C

70 –   74%

B+

86 –   89%

D

60 –   69%

B

83 –   85%

F

0 –   59%

B-

80 –   82%

 

 

Total Training Hours: 80 hours
Training Frequency: 3 hours at one time; twice a week; schedule with trainers
Training Duration: 14 weeks
Delivery Method:  On-Campus or On-Sit (send trainers to participants’ workplace)
Tuition Fee:$10,000.00
Instructors / Trainers:Natasha Lin / TBA
Class Capacity:

 On-campus Training: Maximum 15 students per class
 On-site Training:Maximum 10 students



ACCOUNTING II

Our Career Training in Accounting II is an intensive training that introduces you to an advance level of payroll and financial accounting.  This training covers three major courses:

  • 1. Financial Accounting Level II (28 hours);
  • 2. Payroll Level II (24 hours);
  • 3. Computerized Accounting Level II (Sage50/QuickBooks) (28 hours).

After this training, you will not only upgrade your accounting skills, but also enable you to setup a computerized accounting system for your organization, and interpret and analyze financial information for business decision making. You will also be able to calculate and report the government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. The training is designed for students who have basic accounting background and wishing to upgrade their skills.  

Financial Accounting Level II (28 hours)

Course Description
Accounting Level II is an advance approach to manual accounting. This course is designed to provide you with additional knowledge in common accounting systems including sales, purchases, taxes, inventory, and analyzing financial statements. The concepts will be presented in the context of a merchandising business. You will also be introduced to specialized journals, combined journals, year-end procedures, HST/GST/PST, bad debts, and merchandise inventory. You will be preparing detailed financial statements, including a classified balance sheet and an income statement with a cost of goods sold section.

Prerequisite:
Accounting Level I or equivalent.

Description of Modules

Chapter  1

Review the basic accounting functions and financial statements

Chapter  2

Reporting and Interpreting Sales Revenue, Receivable, and Cash

Chapter  3

Reporting and Interpreting Cost of Goods Sold

Chapter  4

Inventory I

Chapter  5

Inventory II

Chapter  6

Reporting and Interpreting Liabilities

Chapter  7

Reporting and interpreting Long-Term Debt

Chapter  8

Reporting and Interpreting Owners’ Equity

Chapter  9

Reporting and Interpreting Cash Flows

Chapter 10

Analyzing Financial Statements


Payroll Level II (24 hours)

Course Description
This course introduces you the advance Canadian payroll concepts and principles, tax responsibilities, and annual reporting. You will know the payroll compliance responsibilities that affect organizations, apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations. Graduates of this course will be able to calculate and report the government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. They will also be able to effectively communicate these organizational processes and requirements to internal and external stakeholders.  

Prerequisite:  
Payroll Level I or equivalent.

Description of Modules

Chapter  1

Review Canadian Payroll

Chapter  2

Case study on Labour and Employment Standards

Chapter  3

Payroll for employee or self-employed

Chapter  4

Accounting for Payroll

Chapter  5

Payroll Information Systems

Chapter  6

Payroll Remittances

Chapter  7

Termination of Employment

Chapter  8

Prepare ROE

Chapter  9

Year-End Payroll Reporting

Chapter 10

Prepare and filling T4 and T4 Summary


Computerized Accounting (Level 2)
Our computerized Accounting courses introduce you step by step to the integrated computerized accounting system using Sage 50, 2017, or QuickBooks, 2017, for Windows. Upon completion, you will be able to establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.

Sage 50 Accounting Level 2 (28 hours)

Course Description
Builds on Sage 50 Accounting Level 1, this course introduces you how to set up company data files, add users and use passwords, set up levels of security, activate and set up budgets, set up an account for bank reconciliation, use the banking and credit card features, set up and record foreign currencies, use the advanced payroll features, and learn more about projects or departments.

Prerequisite:
 Sage 50 Accounting Level 1 or equivalent.

Required Materials:  
Please bring your own laptop.

Marking Scheme
This course has in-class exercises weights 25%, assignments weighs 50%, and one final project weigh 25% toward the final grade.
Instructors have the discretion to make changes to the marking scheme deemed necessary. For details, please refer to individual class syllabus.


Total Training Hours: 80 hours
Training Frequency: 3 hours at one time; twice a week; schedule with trainers
Training Duration: 14 weeks
Delivery Method:  On-Campus or On-Sit (send trainers to participants’ workplace)
Tuition Fee:$10,000.00
Instructors / Trainers:Natasha Lin / TBA

 


Accounting I

Our Career Training in Accounting 1 is an intensive training that introduces you from fundamental bookkeeping and payroll to intermediate financial accounting and computerized accounting. This trainin...Read More

Accounting II

Our Career Training in Accounting II is an intensive training that introduces you to an advance level of payroll and financial accounting. This training covers three major courses: 1. Financial Accoun...Read More

Business Communication

BUSINESS COMMUNICATION Our programs help businesses expand that provide employees with innovative ways to keep motivation, improveproductivity as well as growing professional skills. The programs can ...Read More

Contact Us

Call us: Phone: +1 604-736-2378
United Pacific College
#2010-#2015 8888 odlin Cres
Richmond BC
V6X 3Z8
Or send us an email E-mail: info.upccollege@gmail.com