Certified Bookkeeper

Job Outlook

According to PayScale.com, bookkeepers earn on average $17.37 per hour. Top bookkeepers’ earnings exceed $56,900.

CareerBuilder.com cites bookkeeping skills as highly transferable to financial supervisory, analysis, or managerial roles. The site calls bookkeeper an "ideal choice" for those who are motivated to keep organizations on track with regard to their finances.

Technology is highly relevant to the bookkeeper's role. Mastery of bookkeeping software applications is the key to matching bookkeeping skills with expanding requirements for analysis, visual data presentation, and reporting that provides value-added to the traditional bookkeeper's duties.

Objectives

Prepare to take and pass the American Institute of Professional Bookkeepers (AIPB) certification exam

Understand eligibility requirements, code of ethics, and maintenance requirements for bookkeeper certification

Apply the concepts of accrual accounting to transactions that span fiscal periods and trace the effect of accrual and deferral transactions

Record book and tax depreciation, using various methods of calculating depreciation

Perform basic payroll duties, including paying wages, handling payroll deposits, and reporting taxes

Know how to value inventory, record costs, make entries and report inventory on financial statements

Use basic internal controls to prevent theft, embezzlement, or check and credit card fraud by employees, customers, or vendors

Prerequisites

This course is designed for experienced bookkeepers with at least two years of work experience in bookkeeping or accounting.

Curriculum

BECOMING A CERTIFIED BOOKKEEPER

Eligibility requirements, code of ethics and certification maintenance

ACCRUALS, DEFERRALS AND THE ADJUSTED TRIAL BALANCE

Why accruals, deferrals, and other adjustments are made; recognizing revenues collected in advance and expenses after a prepayment

CORRECTION OF ACCOUNTING ERRORS AND THE BANK RECONCILIATION

When and where accounting errors occur and how they are discovered; finding and correcting errors on the unadjusted trial balance

PAYROLL

How to pay different types of employees; federal and state wage-hour law

DEPRECIATION

The difference between book and tax depreciation; depreciation under GAAP

INVENTORY

General concepts of accounting for inventory; the perpetual, periodic, FIFO and LIFO methods

INTERNAL CONTROLS AND FRAUD DEPRECIATION

How to prevent or spot theft of inventory and other non-cash assets by employees; preventing employee theft, embezzlement or fraud by hiring the right personnel

Instructor

Wade Lindenberger

Wade Lindenberger is a CPA with over 20 years of financial accounting and management experience in public accounting and private industry. He is currently Director of Finance and Administration for New Children's Museum. Before his current position, he worked as the National Finance and Accounting Service Line Leader for Premier Alliance Group, a national professional services firm. Wade was also Director of the Finance and Accounting service line for the San Diego office of a global, publicly held professional services firm. He has previously served as an instructor for courses at Coopers & Lybrand and at the University of California at San Diego for the Extension Course and is currently an adjunct professor at the University of San Diego School of Business.

Helene K. Liatsos

Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.

FAQs

WHAT DOES THE BOOKKEEPER ROLE INVOLVE?

Bookkeepers serve on the front lines of a person, company or organization's financial health. Strong bookkeepers set up, deploy and manage systems that record the flow of funds into and out of an entity's coffers. Using reporting tools and systems, bookkeepers help individuals and operational managers stay aware of and improve an entity's financial status and performance.

HASN'T TECHNOLOGY REPLACED BOOKKEEPERS?

Technology has had a huge impact on the bookkeeping field. However, the bookkeeper's underlying organizational skills and precise attention to detail are as valuable as ever to their employers and clients. Programs like QuickBooks® or Microsoft Excel® have widely replaced the manual entry functions of traditional bookkeeping. However, the organization, reporting, and use of financial data still rely heavily on human input and processing.

IS CERTIFICATION IMPORTANT FOR BOOKKEEPERS?

Certification in any profession signals to employers, colleagues, and clients that a professional is committed to the highest standards of excellence and accountability. Certified bookkeepers meet the AIPB’s highest standards for financial accounting, business practices and ethical conduct.

HOW DO I BECOME A CERTIFIED BOOKKEEPER?

To earn your AIPB Certified Bookkeeper designation, you must pass the AIPB certification exam and be able to submit proof of at least two years of full-time or 3,000 hours of part-time experience.

IS BOOKKEEPING A GOOD OPTION FOR REMOTE WORK?

Because bookkeeping relies heavily on technology and can be done almost entirely using digital tools, it is considered an excellent prospect for remote, contract, and work-at-home career opportunities.

Overview

Certified Bookkeepers are the elite of their profession, much like CPAs are the best in the accounting field. For bookkeepers, gaining industry-recognized certification increases your earning potential and enhances your professional status.

From bank reconciliation to inventory methods, this online course will prepare eligible bookkeepers for the American Institute of Professional Bookkeepers (AIPB) certification exam. Gaining AIPB certification is the highest standard in the profession, so this course is recommended to practicing bookkeepers with several years of experience and a working knowledge of payroll concepts, including accounting transactions and journal entries.

The Certified Bookkeeper course includes a pre-paid voucher with enrollment that provides access to sit for the AIPB certification exam. Once you have successfully completed the course, you will receive detailed instructions regarding use of the exam voucher at any Prometric Test Center.

Note: This is an Advanced-Level program intended for experienced Bookkeepers only. Those with Basic or Intermediate skills may find the program too challenging—our Professional Bookkeeping with QuickBooks is a more relevant alternative.

Upon completion of this program, you'll be able to do the following:

• Describe the benefits, eligibility requirements, code of ethics, and maintenance requirements for the Certified Bookkeeper
• Apply the concepts of accrual accounting to transactions that span fiscal periods
• Trace the effect of accrual and deferral transactions to financial statements
• Apply accounting concepts and the basic tools of financial analysis in identifying and correcting errors
• Reconcile bank accounts
• Prepare payroll transactions, from paying wages to depositing and reporting taxes
• Apply accounting concepts to depreciation transactions, including various methods of calculating depreciation for book and tax purposes
• Value inventory, record costs, make entries, and report inventory on financial statements
• Help your company or client use basic internal controls to prevent theft, embezzlement, or check and credit card fraud by employees, customers, or vendors

Prerequisites

The Certified Bookkeeper course is designed for experienced bookkeepers who want to prepare for national certification. To earn your Certified Bookkeeper designation, you must pass the AIPB certification exam and be able to submit proof of at least two years of full-time - or 3,000 hours of part-time - experience.

Important: Those with Basic or Intermediate skills may find the program too challenging—our Professional Bookkeeping with QuickBooks is a more relevant alternative.

Job Outlook

According to PayScale.com, bookkeepers earn on average $17.37 per hour. Top bookkeepers’ earnings exceed $56,900.

CareerBuilder.com cites bookkeeping skills as highly transferable to financial supervisory, analysis, or managerial roles. The site calls bookkeeper an "ideal choice" for those who are motivated to keep organizations on track with regard to their finances.

Technology is highly relevant to the bookkeeper's role. Mastery of bookkeeping software applications is the key to matching bookkeeping skills with expanding requirements for analysis, visual data presentation, and reporting that provides value-added to the traditional bookkeeper's duties.

Objectives

Prepare to take and pass the American Institute of Professional Bookkeepers (AIPB) certification exam

Understand eligibility requirements, code of ethics, and maintenance requirements for bookkeeper certification

Apply the concepts of accrual accounting to transactions that span fiscal periods and trace the effect of accrual and deferral transactions

Record book and tax depreciation, using various methods of calculating depreciation

Perform basic payroll duties, including paying wages, handling payroll deposits, and reporting taxes

Know how to value inventory, record costs, make entries and report inventory on financial statements

Use basic internal controls to prevent theft, embezzlement, or check and credit card fraud by employees, customers, or vendors

Prerequisites

This course is designed for experienced bookkeepers with at least two years of work experience in bookkeeping or accounting.

Curriculum

BECOMING A CERTIFIED BOOKKEEPER

Eligibility requirements, code of ethics and certification maintenance

ACCRUALS, DEFERRALS AND THE ADJUSTED TRIAL BALANCE

Why accruals, deferrals, and other adjustments are made; recognizing revenues collected in advance and expenses after a prepayment

CORRECTION OF ACCOUNTING ERRORS AND THE BANK RECONCILIATION

When and where accounting errors occur and how they are discovered; finding and correcting errors on the unadjusted trial balance

PAYROLL

How to pay different types of employees; federal and state wage-hour law

DEPRECIATION

The difference between book and tax depreciation; depreciation under GAAP

INVENTORY

General concepts of accounting for inventory; the perpetual, periodic, FIFO and LIFO methods

INTERNAL CONTROLS AND FRAUD DEPRECIATION

How to prevent or spot theft of inventory and other non-cash assets by employees; preventing employee theft, embezzlement or fraud by hiring the right personnel

Instructor

Wade Lindenberger

Wade Lindenberger is a CPA with over 20 years of financial accounting and management experience in public accounting and private industry. He is currently Director of Finance and Administration for New Children's Museum. Before his current position, he worked as the National Finance and Accounting Service Line Leader for Premier Alliance Group, a national professional services firm. Wade was also Director of the Finance and Accounting service line for the San Diego office of a global, publicly held professional services firm. He has previously served as an instructor for courses at Coopers & Lybrand and at the University of California at San Diego for the Extension Course and is currently an adjunct professor at the University of San Diego School of Business.

Helene K. Liatsos

Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.

FAQs

WHAT DOES THE BOOKKEEPER ROLE INVOLVE?

Bookkeepers serve on the front lines of a person, company or organization's financial health. Strong bookkeepers set up, deploy and manage systems that record the flow of funds into and out of an entity's coffers. Using reporting tools and systems, bookkeepers help individuals and operational managers stay aware of and improve an entity's financial status and performance.

HASN'T TECHNOLOGY REPLACED BOOKKEEPERS?

Technology has had a huge impact on the bookkeeping field. However, the bookkeeper's underlying organizational skills and precise attention to detail are as valuable as ever to their employers and clients. Programs like QuickBooks® or Microsoft Excel® have widely replaced the manual entry functions of traditional bookkeeping. However, the organization, reporting, and use of financial data still rely heavily on human input and processing.

IS CERTIFICATION IMPORTANT FOR BOOKKEEPERS?

Certification in any profession signals to employers, colleagues, and clients that a professional is committed to the highest standards of excellence and accountability. Certified bookkeepers meet the AIPB’s highest standards for financial accounting, business practices and ethical conduct.

HOW DO I BECOME A CERTIFIED BOOKKEEPER?

To earn your AIPB Certified Bookkeeper designation, you must pass the AIPB certification exam and be able to submit proof of at least two years of full-time or 3,000 hours of part-time experience.

IS BOOKKEEPING A GOOD OPTION FOR REMOTE WORK?

Because bookkeeping relies heavily on technology and can be done almost entirely using digital tools, it is considered an excellent prospect for remote, contract, and work-at-home career opportunities.