Basic Business Accounting and Bookkeeping

Learn basic business accounting information and the skills to put these into practice. By better understanding how to track your business information, you will set yourself up for success.

Accounting Learning Objectives:

• Credits/Debits
• Balance Sheet (Assets/Liabilities)
• Income Sheets
• Cash Flow Statements
• Tax Prep
• Accounts Receivable/Payable
• Inventory
• Long Term Debts

Bookkeeping Learning Objectives:

• Basic Budgeting
• Bank Reconciliation
• Recording Transactions
• Utilizing Tools (Excel, QuickBooks)
• What Needs Saving
• Cash Method vs Accrual
• Importance of Bookkeeping
• Categorizing Transactions
• Organizing Tax Documents

Accounting Instructor: Randy Wilson

Randy Wilson is originally from Missoula, Montana. He graduated from the University of Montana in the spring of 1988 with a BA in Business Education. He moved to Mandan for a teaching position at Mandan High School in the Fall of 1989 and remains there to this day.

During his career, he has taught multiple computer classes including Web Design, various programming classes, and multiple software applications classes. He started teaching advanced classes in Excel, PowerPoint, and Word for dual credit about 15 years ago. He has also been teaching a 2-year sequence of Accounting for the last 25 years. This fall he also taught a semester of Forensic Accounting.

Class presented in partnership with University of Mary.

Bookkeeping Instructor: Katie Larson

This class is currently scheduled as an in-person class. All aspects of this class are subject to change.

Collaboration between the ND SBDC, SBA, USDA and Bowman County Development Corporation makes this event possible.