4.49/5 stars (742 customer reviews)

$49.00

You start by learning how to do the monthly bank reconciliation and move on to uncovering and correcting errors in the trial balance and in the accruals and deferrals. Double-quiz in each section assures that you master it.

ISBN: 9781884826269
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$49.00
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SKU: 9781884826269 Categories: ,

Description

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

Additional information

Book Type

Softcover Book, Online eBook

Series

Certified Bookkeeper Course Series: Everything you need to study for the national CB exam

  • Complete preparation for the national Certified Bookkeeper exam!
  • Double-quiz in every workbook section assures mastery of every skill!
  • Workbook quiz questions mimic the national exam questions!

 

 

 

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4.49 out of 5 stars

742 reviews

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What others are saying

  1. Phuong

    How wonderful it is! Practical and clearly this book!

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  2. Deidree

    I like how the book is short, simple, straight to the point and easy to learn. The quizzes at the end of each chapter is very helpful to my learning process.

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  3. Jie

    Help and great

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  4. Adamou

    The course is very educational,I do like it because it helps me figured out with errors in a logical way

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  5. Annie

    I learned a lot.

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  6. Crystalena

    Easy to understand

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  7. Vanessa

    This book is great for when you are stumped with how to correct an error. It is very helpful.

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  8. Julie

    easy to study, great course

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  9. Candice

    THe tests are written terribly. I passed another class with the same information in the first try.

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  10. Brian

    Very good

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  11. Anita

    Information was presented in a concise and thorough manner. Very easy to understand. Examples were relevant. Quizzes reinforced concepts taught in the lessons. Quizzes and back of the book exam thoroughly prepared me for the certification exam!!! I highly recommend this course especially if taking the AIPB certification exam.

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  12. Nina

    Didn t start yet

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  13. Dianna

    Really enjoyed this book and learned quite a bit

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  14. Anitha

    This course helped me a lot to learn and success in the completion of exam. Each topic is explained very detailed, which helped me to understand well.

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  15. Phuong

    Good course I wish more practice exercise so I can pass the test

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  16. Myra

    Great book on Correcting of Accounting Errors. The bank reconciliation part was very helpful.

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  17. Bridgette

    Easy to follow, informative, good examples given

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  18. Delia

    Very informative and clear on the material

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  19. Bethany

    It is really good.

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  20. Guadalupe

    The instrucciones couldn’t be more clear. This course really cover all my expectations. I have been learning a lot. I’m already recommending it to some friends.

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  21. Holly

    Questions were as expected.

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  22. Angie

    A well written book with excellent illustrations and problems.

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  23. Sammy

    This course exceeded my expectation.

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  24. Heather

    All of the books were very user friendly. I had no trouble learning and felt fully prepared to take the tests. The only thing that would have been nice is to know what the correct answers are to the problems that I missed. This would apply to both the exams at the end of the books and for the test at the Prometric sites.

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  25. Qais

    The exam it is different than the material. But the material its easy

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  26. Xianghua

    summary is good.

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  27. Zulema

    I found this course to be very helpful in my bookkeeping practice.

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  28. Claude

    clear and easy to follow

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  29. Radmila

    I was very well prepared when taking my exam. Thank you

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  30. Janet

    Very helpful resource!

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