Accounting

Insignia College offers the following Accounting courses:

Accounting – Level 1

This module is intended to provide the students with a general background of the fundamentals of accounting so that they understand the daily transaction procedures that exist in business.

Students are introduced to double entry bookkeeping including debits and credits, assets, liabilities, equities, journalizing transactions, posting of accounts to ledgers and preparing a trial balance. Students are also introduced to financial statements and to adjusting and closing accounts.

Accounting – Level 2

Students focus on the following topics: special journal and ledger systems, cash control and banking, cost allocation, financial statements and accounting for partnerships.

By the end of this course, students will have an in-depth knowledge of the complete accounting cycle including the flow of funds in an organization and key approaches to financial decision-making.

QuickBooks

In this module, students continue to build their knowledge and skills in computerized accounting systems, learning QuickBooks, easy-to-use and powerful system. Students will learn to set up a new QuickBooks company and manage customer accounts.

Students also review and consolidate their understanding of Excel and Word by exporting QuickBooks data into these programs. QuickBooks payroll features are also covered.

Simply Accounting (Sage 50)

Students transfer their knowledge from Accounting Fundamentals and learn how to apply these concepts in a computerized environment using Simply Accounting.

Some topics covered in this module include setting up a computerized accounting system, computerized journals and ledgers, income statements and balance sheets, as well as customer accounts.

Course No. Course Name Hours Cost
B120 Accounting – Level 1  40 (3 credits) $700
B210 Accounting – Level 2  40 (3 credits) $700
B125 QuickBooks  40 (3 credits) $700
B140 Simply Accounting (Sage 50)  40 (3 credits) $700