Last updated: November 24 2021

Black Friday Sneak Peek: 2022 Tax Season Staff Training

Many proprietors in the tax industry are struggling to find qualified staff prepared for a complex 2022 tax season, and it’s coming up fast. Now is the time to train new and returning staff for filing season, and for Black Friday we’re extending our best offer of the year: only $395 per course (save 56%) when you enrol yourself or your team members in Basic Bookkeeping in a Digital World or Professional Income Tax Course – Entry Level certificate courses. Our goal is to help business owners prepare for another unprecedented filing season. As loyal Knowledge Bureau Report readers, you have an exclusive opportunity to take advantage of this training opportunity first.

Choose from our Basic Bookkeeping Course: Bookkeeping in a Digital World

OR

Professional Income Tax Course – Entry Level

Each enrolment: only $395 + tax until November 30th

Use promo code:

21BLKFRIDAY

 

Curriculum details:

Basic Bookkeeping in a Digital World

This introductory course is ideal for professionals in the bookkeeping tax and financial services who wish to train their own administrative staff to prepare company books, or train staff to prepare books for others. It is an excellent course for bookkeepers who may know how to operate the software, but have not taken a theoretical accounting course.

Course Content:

Chapter 1 | The Roles and Responsibilities of the Bookkeeper
Chapter 2 | Types of Organizations, Fiscal Periods and Accounting Cycles
Chapter 3 | Types of Accounts and the Basic Accounting Equation
Chapter 4 | Chart of Accounts, General Ledger, Trial Balance & Special Accounts
Chapter 5 | Journals, Registers and Ledgers - I
Chapter 6 | Journals, Registers and Ledgers - II
Chapter 7 | Fundamental Cash-basis Accounting
Chapter 8 | Fundamentals of Accrual Accounting
Chapter 9 | Period-end Procedures
Chapter 10 | Documentation, File Maintenance & Due Dates
Chapter 11 | Payroll—an Introduction

What You'll Learn:

You will gain a sound working knowledge of how to set up a CRA-compliant bookkeeping system for a small business; how to analyze transactions and report these within the accounting cycle in a double-entry bookkeeping system using accounting software, and then present financial statements to the accountant for tax preparation and review. You'll also gain an understanding and appreciation for the professional and ethical requirements of a bookkeeper.

As well, you'll acquire the ability to analyze and report transactions that require knowledge of GAAP; an expert understanding of the accounting equation, T accounts, and debits and credits. You'll also have a basic understanding of the tax structure imposed on businesses and achieve a sound ethical compass, expert organizational skill, the ability to seek out and correct accounting errors and inconsistencies, expert data entry skills, and a sound understanding of financial statements.

Professional Income Tax Course – Entry Level

Perfect for individuals who want to achieve the credentials needed to file income tax returns professionally out of their home or office. It is also suitable for those who wish to start a new career with a tax preparation, accounting or financial services firms. Growing tax accounting offices will find this to be the right course to train new employees as knowledgeable tax preparers or front desk staff. Graduates are thoroughly trained on the latest personal income tax changes using professional tax software in a case study approach. Research skills are honed as well, in the comprehensive online research library known as EverGreen Explanatory Notes. The sophisticated tax estimator tools from Knowledge Bureau provide plenty of opportunity to try “what if” scenarios prior to software updates for the next tax year.

Course Content:

Chapter 1 | Introduction to Income Taxation in Canada
Chapter 2 | Using Software to Prepare the Return
Chapter 3 | Filing the Return
Chapter 4 | Low Income and Credit Filers
Chapter 5 | Reporting Employment Income
Chapter 6 | Claiming Employment Deductions
Chapter 7 | Families and Children
Chapter 8 | Reporting Investment Income
Chapter 9 | Pensioners
Chapter 10| New for 2020 and Beyond

What You’ll Learn

This personal income tax course introduces a proven process for providing consistently accurate T1 tax filing services. The process starts with a professional client interview and documentation management system, as well as a thorough understanding of tax filing for the five anchor profiles upon which every personal tax return is based:

• Low-income and credit filing
• Employees
• Families and children
• Investors
• Seniors

 

Each enrolment: only $395 + tax until November 30th

Use promo code:

21BLKFRIDAY