Bookkeeping Advanced Certificate

OTEC 111: Keyboarding II is an advanced keyboarding course designed to increase keying speed and accuracy to a minimum of 50 net words per minute on a five minute timing. Students cover the alphabetic and punctuation keys, keyboard numbers, and symbols. Keyboarding software provides immediate feedback and records results. Lessons must be completed successfully within the required accuracy goals before advancement. This course or the equivalent skill is essential for those interested in advancing in an office career.

OTEC 171: Payroll is an introduction to payroll procedures and employer responsibilities with regards to deductions and submissions. Students will practice manual payroll calculation and preparation. Topics of study include calculating employees� earnings and deductions, calculating employer payroll expenses, recording and remitting employees� deductions, and employers� annual responsibilities for filing the T4 summary form.

OTEC 172: Bookkeeping II is an intermediate approach to manual accounting. Students will gain additional knowledge in common accounting systems including sales, purchases, taxes, and inventory. The concepts will be presented in the context of a merchandising business. Topics of study include specialized journals, combined journals, merchandise inventory, HST/GST/PST, year-end procedures and worksheets, and annual reporting. Financial statements will be prepared in detail including a classified balance sheet, an income statement with a cost of goods sold section, and a statement of owner's equity.

OTEC 175: Computerized Accounting introduces students to an integrated computerized accounting system using Sage 50 Accounting for Windows. Utilizing business scenarios, students will establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.

OTEC 181: Capstone: Bookkeeping helps students extend their accounting, word processing and database, and spreadsheet software knowledge by completing a variety of practical, integrated projects. Students will also further develop decision-making, prioritizing, organizing, and other administrative skills.

OTEC 190: Preceptorship - The two-week preceptorship/work placement integrates the skills developed from training into the working environment reinforcing the new skills and knowledge. The preceptorship gives students an opportunity to apply, extend and integrate academic and technical knowledge through work experience with qualified organizations.