Preferred learners
- British Columbia, Canada
- Academic experience
Categories
Project scope
- What is the main goal for this project?
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The goal of this project is to create a financial accounting system for 0997740 BC LTD. This will involve establishing different financial accounts, sorting records of financial transactions, developing systems to account for financial transactions by establishing a chart of accounts, maintaining subsidiary accounts by posting, verifying and allocating transactions, reconciling entries to balance subsidiary accounts, sorting a balanced general ledger, preparing a trial balance for the accountants, and preparing financial reports by collecting, analyzing and summarizing accounting for information.
- What tasks will learners need to complete to achieve the project goal?
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By the end of the project, students should demonstrate:
- Establishing different financial accounts
- Sorting records of financial transactions
- Developing systems to account for financial transactions by establishing a chart of accounts
- Maintaining subsidiary accounts by posting, verifying and allocating transactions
- Reconciling entries to balance subsidiary accounts
- Sorting a balanced general ledger
- Preparing a trial balance for the accountants
- Preparing financial reports by collecting, analyzing and summarizing accounting for information
Final deliverables should include:
- A financial accounting system setup for 0997740 BC LTD.
- A written report explaining the design process and outcomes.
- What is the main goal for this project?
-
The goal of this project is to create a financial accounting system for 0997740 BC LTD. This will involve establishing different financial accounts, sorting records of financial transactions, developing systems to account for financial transactions by establishing a chart of accounts, maintaining subsidiary accounts by posting, verifying and allocating transactions, reconciling entries to balance subsidiary accounts, sorting a balanced general ledger, preparing a trial balance for the accountants, and preparing financial reports by collecting, analyzing and summarizing accounting for information.
- What tasks will learners need to complete to achieve the project goal?
-
By the end of the project, students should demonstrate:
- Establishing different financial accounts
- Sorting records of financial transactions
- Developing systems to account for financial transactions by establishing a chart of accounts
- Maintaining subsidiary accounts by posting, verifying and allocating transactions
- Reconciling entries to balance subsidiary accounts
- Sorting a balanced general ledger
- Preparing a trial balance for the accountants
- Preparing financial reports by collecting, analyzing and summarizing accounting for information
Final deliverables should include:
- A financial accounting system setup for 0997740 BC LTD.
- A written report explaining the design process and outcomes.
- How will you support learners in completing the project?
-
This project is fully funded by Riipen Level-Up subsidy will compensate the $1400 for 80 hours of work completed on this project.
- What skills or technologies will help learners to complete the project?
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In order to complete this project, students can self-teach, but it is beneficial to be familiar with:
- Financial Accounting
- Chart of accounts
- MS Excel
Students will be expected to research and learn more about the above as the project goes along.
About the company
- https://NA.
- 2 - 10 employees
- Business & management
Hi, we are Lintel Property Management located in Richmond.