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School of Professional Certifications
Preparing Professionals For Tomorrow....

Certified Bookkeeper’s

Certified Bookkeeper’s

Program

Register Today!

General Information:

Education Requirement: High School Graduate or Equivalent

CPE Hours: 10 Annual Hours

Examination Pass Rate: 75%

Review Cost: $600/ $150 per part

Examination Fee: $100/ $25 per part

License/Certificate Fee: $75

Conditional Requirement: 1 part

Books/Study Material: $95 (total cost)

Why Become Certified in Bookkeeping?

As a professional bookkeeper, you would have distinguished yourself amongst the best in the field of bookkeeping. Your passing an examination is an indication that you are proficient and have the ability and capability to articulate the recording and understanding of financial transactions at an acceptable level. The CIPB not only acknowledges your strength, but also your commitment, dedication and desire to for bookkeeping excellence in the workplace. Attaining the CIPB qualification further demonstrates your ability and skill in computerized accounting as relates to Quickbooks and Microsoft Excel.

Certified Bookkeeper’s Benefits

· Increase your Earning Capacity

· Increase your Opportunity for Upward Mobility

· Become recognized among peers

· Become Professionally Recognized & Increase Your Marketability

· Industry recognition of your knowledge and proficiency

· Access to tools relating to your career

· Invitations and discounts to seminars, workshops, conference and special events

· Membership in local and international bodies

Examination Dates and Time:

Each of the part parts of the examination is two and one-half hours in duration. The exam is a combination of paper format and computerization, and is offered as follows:-

The last Friday and Saturday in each month commencing at 9:00 a.m.

· Candidates should schedule their preferred time early to ensure the availability of space and computer terminal.

· International candidates can take the exam at an approved location with an approved proctor. All results are mailed out on the third Wednesday after the examination.

Examination Board:

There is a five member examination board, of which three members are CPAs or Chartered Accountants.

Program Overview:

The Certified in Professional Bookkeeping (CIPB) program is designed to provide a solid foundation in double-entry accounting and introduce bookkeeping methods and procedures for all aspects of the business enterprise. Upon receiving the CIPB certification, bookkeepers would have demonstrated their proficiency in making business and mathematical decisions.

The structure of the CIPB program will ensure that participants have been taught the necessary skills to be successful at keeping accounting records. This includes the use of various accounting forms, the use of source documents, general journals, subsidiary ledgers, special journals, and mathematics procedures ranging from percentages to depreciation and interest.

The CIPB program has been further developed to examine individuals on the practical aspects and skills required for business bookkeeping. This is an acknowledgement to the fact that professional bookkeepers employed in small businesses, are engage in strategic business planning and are cognizant of revenues and expenditures, particularly the “bottom line”.

QuickBooks Overview:

The CIPB program includes the examination of candidates in QuickBooks Accounting. This is a very practical program on computerized accounting with QuickBooks. Accounting has come a long way; from the old ledgers and columnar pads to complete automated systems. Upon completion of the four-part examination, the CIPB candidate will further demonstrate the skill and knowledge possessed to enhance operability, record keeping and success with a general accounting system.

2006 Certified Bookkeeper’s Schedule of Classes

2006 Sessions

Mondays/Wednesdays

Saturdays

CB

6:15 – 8:15 p.m.

9:00 – 1:00 p.m.

Session I

Part 1 – Accounting for Proprietorship

Feb 20th – Mar 8th

Part 1 – Accounting for Proprietorship

Feb 25th – Mar 11th

Session 2

Part 2 – Accounting for Partnership

Mar 27th – April 12th

Part 2 – Accounting for Partnership

Mar 25th – April 8th

Session 3

Part 3 – Accounting for Corporations

May 1st – May 17th

Part 3 – Accounting for Corporations

May 6th – May 20th

Session 4

Part 4 – Computerized Accounting - Quickbooks

July 3rd – July 19th

Part 4 – Computerized Accounting - Quickbooks

July 8th – 22nd

Session 5

Part 1 – Accounting for Proprietorship

Aug. 7th – Aug 23rd

Part 1 – Accounting for Proprietorship

Aug. 12th – 26th

Session 6

Part 2 – Accounting for Partnership

Sept.11th – Sept. 27th

Part 2 – Accounting for Partnership

Sept. 16th – 30th

Session 7

Part 3 – Accounting for Corporations

Oct. 16th – Nov. 1st

Part 3 – Accounting for Corporations

Oct 21st – Nov 4th

Session 8

Part 4 – Computerized Accounting - Quickbooks

Nov. 13th – Nov 29th

Part 4 – Computerized Accounting - Quickbooks

Nov. 18th – Dec. 2nd

PRINT YOUR APPLICATION FORM

1. The program includes the following four parts:-

Part 1 Accounting for a Proprietorship

Part 2 Accounting for a Partnership

Part 3 Accounting for a Corporation

Part 4 Computerized Bookkeeping and Accounting

Examination Syllabus

Part 1 Accounting for a Proprietorship

  • Starting a Proprietorship:
  • Changes Affecting Owner's Equity
  • Analyzing Transactions into Debit and Credit Parts
  • Recording Transactions in a General Journal
  • Cash Control Systems
  • Work Sheet for a Service Business
  • Financial Statements for a Proprietorship
  • Recording Adjusting and Closing Entries for a Service Business

Part 2 Accounting for a Partnership

  • Journalizing Purchases and Cash Payments Using Special Journals
  • Journalizing Sales and Cash Receipts Using Special Journals
  • Posting to General and Subsidiary Ledgers
  • Preparing Payroll Records
  • Payroll Accounting, Taxes, and Reports,
  • Formation and Dissolution of Partnerships
  • Work Sheet for a Merchandising Business
  • Financial Statements for a Partnership
  • Recording Adjusting and Closing Entries for a Partnership

Part 3 Accounting for a Corporation

  • Recording Purchases and Cash Payments
  • Recording Sales and Cash Receipts
  • Accounting for Uncollectible Accounts Receivable
  • Accounting for Plant Assets and Depreciation
  • Accounting for Inventory
  • Accounting for Notes and Interest
  • Accounting for Accrued Revenue and Expenses
  • Distributing Dividends and Preparing a Work Sheet for a Corporation
  • Preparation of the Statement of Cash Flows
  • Financial Statements and End-of Fiscal-Period Entries for a Corporation
  • Budgetary Accounting
  • Financial Statement Analysis and Ratios

Part 4 Computerized Bookkeeping and Accounting

  • Starting in Computerized Bookkeeping and Accounting
  • Purchases & Accounts Payable
  • Sales & Accounts Receivables
  • Payroll Transactions
  • Other Computerized Functions
  • Quickbooks Accounting
  • Excel
  • Reporting

PREVIEW APPROACH

q Our instructions are lived, focused and easy to follow

q We present solution approach and question theme for every question.

q Examination tips and preparedness is key to our program of instruction.

q Very inexpensive and will cater to your budget.

q We provide comprehensive individual attention.

q We strive to bring out the full potential in every student.

Additional Information

If you have any questions concerning any of the certifications program, please feel free to contact us at (242)364-1776/8. We would be happy to hear from you. Other review courses are available for the:

  • Certified in Business Administration (CIBA)
  • Certified in Computer Operations (CICO)
  • Certified in Credit Management (CCM)
  • Certified in Financial Administration (CIFA)
  • Certified in Financial Management (CFM)

PRINT YOUR APPLICATION FORM

Galilee College - Joe Farrington Road - P.O. Box EE 16-507 - Nassau, Bahamas (242)364-1776
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