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
Naishadh –
Good Books
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Eva –
Good basic course
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Laura –
good
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Grace –
Found it very easy to understand and follow
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Nina –
Examples are practical.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Pamela –
Everyone needs help every now and then to keep the debits and credits straight. Not all entries are expenses. Great workbook.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Dawn –
You can’t fix your mistakes if you don’t know how to find them. Take this course to find out where to look and how to fix accounting errors.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Firdous –
Very knowledgeable, Need more details & examples
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Rebecca –
Very helpful on a day-to-day basis.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Gayle –
Very helpful
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Donna –
Useful information for the profession.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Janet –
See above
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Helen –
Rate 4 stars
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Jean –
OKAY
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Margaret –
NA
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Beth –
liked the format and quiz process.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Rachel –
It’s been while since I took this course, but I found it to be helpful. I continue to apply what I learned on the job when needed. This course also served as a refresher course for me. I’m also encouraging my new co-worker to take a few of AIPB courses.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Rita –
I took the test almost 3 years ago. I was satisfied.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Kenneth –
I thought each of the courses was right on target. They were a very good source for review for me.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Patricia –
I found the corrections to the original printed matter difficut to follow, but the course was very good.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Kathy –
haven’t finished. ran into concepts that i did not have the time to research because i had enrolled at a 4 year college and accepted a full time job. a background in college level accounting courses is very helpful. i’ve taken Payroll, Financial, and Managerial and still had to find websites to try and understand what the course was trying to convey.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Deanna –
good reference book
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Deneece –
Good
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Ibhate –
EXCELLENT
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Joseph –
Excellent
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Julia –
Detail was provided with thorough examples to follow in order to gather a full understanding.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Kathleen –
Course provided basic information to correct most accounting errors
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
James –
Correction of accounting errors was one of most valuable learning tools for bookkeepers.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Giovanni –
Challenging accounting issues, clearly presented.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
Natalie –
No comment
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal