AIB  General Accounting

 

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AIB
GENERAL ACCOUNTING

Delivery Methods: 
Instructor-led online course -
AIB Online  
Length: 16 weeks; $515 members; $645 non-members
Dates Offered     Enroll Online       Print Registration Form
Register one week prior to course start date.

Classroom Training - Textbooks
Purchase textbooks for in-bank or classroom training.  Call 212-297-1679 to discuss earning AIB credit for in-bank courses.

Course Description: 
General Accounting provides a complete foundation in basic accounting procedures. This course presents the fundamentals of accounting in a practical, up-to-date, and easy-to-comprehend manner. The goal is to provide students with a strong basic knowledge of accounting terms, concepts, and procedures. Emphasis is placed on developing a firm foundation of fundamental procedures with appropriate repetition of content through the use of examples and color-coded illustrations.

Audience:  Bank personnel with little or no accounting background at any level.  Participants must be comfortable using Microsoft Excel, and must have access to Microsoft Excel to complete the exercises in this course.

Learning Objectives:  After successfully completing this program, you will be able to:

  • Understand the basic accounting cycle and define the basic elements used such as asset, liability, owner's equity, revenue, and expense accounts
  • List the steps in the accounting cycle; prepare a post-closing trial balance and interim statements
  • Understand and perform functions relative to bank accounts and cash funds
  • Understand the implications of dealing with employee earnings and deductions, and with employee taxes, payments, and reports
  • Prepare a classified income statement and balance sheet, compute working capital and current ratio and journalize closing entries for a business

Textbook:  The textbook for the course is College Accounting, 2008, 9th Edition.  Course fee includes textbook.

Credit:  AIB: 3.0

ACE College Credit Recommendation: In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting.

Questions:  Call NYBA Professional Development at (212) 297-1679 or elegg@nyba.com.

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