130 pages [67 self-teaching + 63 self-quizzes with detailed answers]
Section 1: Where errors occur and how to find them. 10 common causes of errors. 5 areas where most errors occur. How to analyze errors to correct them.
Section 2: Performing the bank reconciliation. Step-by-step instructions on how to do a bank reconciliation and record the required journal entries. How to correct errors found on the bank statement or in the ledger Cash account.
Section 3: Using the trial balance to find errors. Finding and correcting errors in the trial balance or errors that do not show up on a trial balance.
Section 4: Correcting current-period accrual errors.
Correcting accrued expenses: How to correct an accrued expense recorded for too little or too much or omitted entirely. Correcting journal entries when the expense was originally recorded in an expense account v. a prepaid (asset) account. Impact on the financial statements if each kind of error is not corrected.
Correcting accrued revenues: How to correct accrued revenue recorded for too little or too much or omitted entirely. Correcting journal entries when the original entry was recorded in a revenue v. unearned revenue account. Impact on the financial statements if each kind of error is not corrected.
Section 5: Correcting current-period deferral errors.
Correcting deferred expenses: How to correct too little or too much expense recognized or deferred. Correcting journal entries when the prepayment was recorded in an expense account v. prepaid (asset) account. Impact on the financial statements if each kind of error is not corrected.
Correcting deferred revenues: How to correct too little or too much revenue recognized or deferred. Correcting journal entries when a payment received in advance was recorded in a revenue v. unearned revenue account. Impact on the financial statements if each kind of error is not corrected.
Publisher: AIPB
Ashgabat –
A Challenging Test. I enjoyed it.
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Eric –
I use these books in a study group. They have been well recieved and reinforce my teaching efforts.
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Yvelisse –
Great at preparing to the exam
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Amy –
Very clear and concise. Learned a lot and will definitely keep handy for future reference at work.
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Nelson –
This book help me a lot
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Nicea –
Same as with adjusting entries, having more room to write my answers would be nice.
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Zehra –
It is informative and to the the point. Clearly explains the concepts.
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Rita –
this course same as Adjusting Entries go straight to the point, very clear, straight forward. Loved it.
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Patricia –
Great book. Easy to understand. Lots of examples and explanations.
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Tiombe –
I am studying for the Adjusting Entries and Correction of Accounting Errors section of the CB exam. I find the study guides clear and easy to understand.
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Patra –
Lots of review and examples to make sure the material is understood.
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Yolanda –
Instruction were clear and examples are very helpful. I will recommend it to other Accounting Professionals.
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Kim –
Easy to understand and prepared your for the exam.
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Tanya –
Again, very thorough material. After reading through the book several times I had no problem passing the exam and have used several of the techniques in the book at my current job.
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Shelly –
It was difficult for me because I thought the wording of the questions was confusing. They could be interpreted two different ways which might change the correct answer. Maybe this section is just harder for me. I usually make A’s and I just squeeked by with a B.
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Jaime –
Helpful in finding common accounting errors.
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Lillian –
Great review!
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Michael –
This section helped me to get a better grasp on correcting my journal entries, and finding errors. I have already used this information at work.
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Tisha –
This material was a little harder for me to fully grasp, and in hindsight, I wish I had gone over it more before the test.
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Stephen –
The book/course was extremely thorough.
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Tara –
This sections brings back all the accounting that I have missed over the last 4 years. It was fun and very interesting to review and have my memory opened so that it all came rushing back. I find myself looking forward to reading and taking the quizzes at the end of the chapters.
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George –
The practice exercises and final examination helped my confidence and preparation for taking the Certified Bookkeeper Exam Parts One and Two in Augu, 2013.
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Betty –
Explanations were very easy to understand. Very well written. The Quizzes were very helpful.
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Tonia –
More book accounting than real world examples.
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Kent –
The serveses that I’ve used have beed very helpful. As I become more involved I will be able to rate other help provided.
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Lorie –
Good!And helpfull!
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Tingtin –
Greater
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Betty –
Gives good exampes
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Christopher –
A basic, yet effective study course. This material has not only helped me in being able to process adjustment corrections with accuracy, but I have now identified fraud with our bank statements using the reconciliation techniques found in this book. Very much worth the purchase!
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Mark –
I found the book very helpful. The quizzes were beneficial in my learning the material.
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