Sheridan Course Outlines

Land Acknowledgement

Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.

As an institution of higher learning Sheridan embraces the critical role that education must play in facilitating real transformational change. We continue our collective efforts to recognize Canada's colonial history and to take steps to meaningful Truth and Reconciliation.

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2023
Prerequisites: N/A
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Accounting and Finance Profess, Small Business Bookkeeping, Tax Accounting
Program Coordinator(s): Ruxandra Dunn
Course Leader or Contact: N/A
Version: 20230109_00
Status: Approved (APPR)

Section I Notes: This is a course offered through OntarioLearn. Access to the course materials will be through OntarioLearn.com and you will be sent an email with your login details.

Section II: Course Details

Detailed Description
Learn how the QuickBooks program can easily set up a chart of accounts; reconcile your chequing account; create and print invoices, receipts and statements; track your payables, receivables and inventory; create estimates and generate reports; set up Payroll, edit employee data, and process payroll and government data. QuickBooks is designed for the small to mid-sized business owner. A student version of the software comes with the textbook as a free download.

Program Context

Accounting and Finance Profess	Program Coordinator(s): N/A
This is a required course for both the Tax Accounting and Small Business Bookkeeping Certificates.
Small Business Bookkeeping	Program Coordinator(s): Ruxandra Dunn
This is a compulsory course in the Small Business Bookkeeping program.
Tax Accounting	Program Coordinator(s): Ruxandra Dunn
This is a compulsory course in the Tax Accounting program.

Course Critical Performance and Learning Outcomes

	Critical Performance:
	By the end of this course, students will have demonstrated the course learning outcomes

Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

Acquire basic knowledge required to manage the course technology.
Acquire basic computer skills required to utilize an accounting software package designed for small business, QuickBooks.
Understand basic bookkeeping principles and procedures and put them into practice using QuickBooks software.
Setup inventory items using the appropriate forms in QuickBooks software.
Enter businesses cash transactions using the appropriate form in QuickBooks.
Record various credit transactions for purchases and sales using the appropriate forms in QuickBooks.
Remit payments to vendors on account and process discounts as applicable.
Receive payments on account from customers and process customer discounts using the proper form in QuickBooks.
Record Employee payroll transactions.
Remit Government/Payroll requirements.
Prepare accounting reports for analysis, including, General Ledger, Trial Balance, Balance Sheet, Income Statement, Vendor Aged Payables and Customer Aged Receivables using QuickBooks software.
Create accurate and timely financial documentation for use in business analysis utilizing QuickBooks financial accounting software.

Evaluation Plan
Students demonstrate their learning in the following ways:

Evaluation Plan: ONLINE

	Mid-term project	20.0%
	End of term project	30.0%
	Chapter Exercises	30.0%
	Quizzes	20.0%
	Total	100.0%

Evaluation Plan: IN-CLASS

	Assignments	55.0%
	Quizzes (2)	40.0%
	Student Profile	5.0%
	Total	100.0%

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

Other
Notes: The online course section is delivered through OntarioLearn at ontariolearn.com and is hosted by (Durham College) DU-ACCT1283.

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.

Print	Instruction Mode	Professor	Applicable Student Group(s)
	In-Class	Multiple Professors	All
	Online	Multiple Professors	All

Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

Academic Integrity
Copyright
Intellectual Property
Respectful Behaviour
Accessible Learning

All Sheridan policies can be viewed on the Sheridan policy website.

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

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