Accounting Systems Learning Module

Introduction and Objectives

The objectives of the Accounting System module are to:
  • review basic accounting and bookkeeping systems;
  • help you learn how an accounting system works to provide context for the Trust Accounting Essentials module that follows.

There may be portions of the Trust Accounting Essentials module that you will not understand if this module has not been reviewed.

You may read The Accounting Process by Gilles E. Bujold which explains the accounting process and contains a number of practical accounting examples. 

Navigating this Module

This module features these components:
Written Material: This module introduces the accounting process, double entry bookkeeping, the use of technology, and working with a bookkeeper.
Test: The test questions for this module are drawn from the written material contained in this module.
Although we aim to present a comprehensive module, this module is not exhaustive. This module is not a substitute for exercising professional judgment and does not constitute legal advice.
Credits: Some of the information in this module is based on materials originally prepared by Law Society of British Columbia staff.  The module was reviewed and updated by Gilles E. Bujold for the Law Society of New Brunswick.
This module was updated in January 2018. As you read through this module, if you find any information that is unclear, inaccurate or outdated, please advise the Law Society.


The information contained in these modules, including references to websites, appendices or links, has been prepared to assist readers as they develop or refresh their skills in the various areas of law covered by the modules. Given the changing nature of the law, readers should exercise their own skill and professional judgment when using the content. Always refer to the most current statutes, regulations, and practice directions, as well as the most recent case law and any other appropriate sources. These materials do not provide legal advice and should not be relied on in any way.
  1. The Accounting Process

  2. Double Entry Bookkeeping

  3. Double Entry Bookkeeping (continued)

  4. Technology and Accounting

  5. Technology and Accounting (continued)

  6. Working With a Bookkeeper

  7. Paper-Based Systems

  8. Computerized Accounting Software Systems

  9. The Bookkeeper's Role

  10. Full-time or Part-time Bookkeeper

  11. Who to Hire?

  12. Who to Hire? (continued)

  13. End of Lesson