BASE: Technical Execution Pathway
Our BASE training eliminates the traditional, time-consuming training process by automating learning through structured sample sets, testing, assessments, and instructional videos. Training is delivered within industry-standard accounting and tax software, including:
Accounting Software: Accounting CS, QuickBooks Online, QuickBooks Desktop, Xero
Tax Software: CCH Axcess, Drake, Lacerte, ProConnect, ProSeries, UltraTax
Instead of pulling key personnel away from their workflow, SkillAbility enables a more efficient training model. Supervisors only need to conduct a 15-minute nightly review to address trainee progress and questions.
Comprehensive Training Programs
Classic Accounting Training (2-3 Weeks)
Trainees process 12 months of sample data, gaining hands-on experience with real-world scenarios such as asset acquisition/disposition, amortization, and class tracking. By the end of the training, they will have completed full financial statements, sales tax returns, quarterly/year-end payroll returns, and experienced a complete client lifecycle.
Classic Tax Training (1-1.5 Weeks)
Trainees learn to navigate tax software while preparing various tax returns, including 1120S, 1120, 1065, basic & advanced 1040s, and nonresident returns. They also tackle advanced tax scenarios such as FinCEN 114, installment sales, Roth IRA conversions, and multistate apportionment.
Classic Supervisor/Manager Training (4 Weeks)
A comprehensive program covering both accounting and tax training to prepare leaders for oversight and review roles.
Pre-Employment Testing
Our Classic training includes pre-employment assessments for accounting, tax, and administrative roles, allowing firms to evaluate applicants before making hiring decisions.
Classic Accounting Training – QBO
I. Accounting 000 – Welcome to your Learning Management System
I. Accounting 000 – Welcome to your Learning Management System
Video giving overview of what they will be going through and how to be able to download documents in the modules. Quick Overview of Payroll and Year-End Forms and Sales Tax
II. Accounting 001 – Introduction to Bookkeeping
Intro to Bookkeeping going over chart of accounts, financial statements, debits and credits, methods of accounting, examples of recording transactions.
III. Accounting 002 Overview
Overview of Staff Accountant Role, Review of Basic Accounting Terms and Business Entity Types, Worker Classification (Employee vs Contractor), Income Statement and Balance Sheet Overview, 1099 Overview.
IV. Accounting 100 – Payroll Overview
Payroll overview of types of employees, types of pay, frequency of pay, types of deductions (pre-tax and post-tax). Overtime/Labor Laws and minimum wage rates for all states. Test on Gross Pay and on Payroll Deductions. Going over W-4 Form and I-9 Form. Review of State and Federal quarterly documents and year end documents.
V. Accounting 101 (Intuit QBO)
How to create client in Quickbooks Online and how to import/add chart of accounts. Overview of a monthly process showing the different steps within the monthly process. Trainee will take that information and process the 1st quarter financial statements, sales tax returns and tests.
VI. Accounting 201 (Intuit QBO)
We show in this section how to do quarterly reports, how to do an amortization schedule, how to create classes in quickbooks online, how to do interest on a loan from officer over $10,000, and how to deal with the sale of an asset. They will process 1st and 2nd quarter reports and the 2nd quarter financial statements, sales tax returns, and tests.
VII. Accounting 301 (Intuit QBO)
This section is to test their speed and efficiency. We teach no new topics and are seeing that they can take all the information taught in 101 and 201 and begin to process faster. They will process 3rd quarter financial statements, sales tax returns, quarterly reports, and tests.
VIII. Accounting 401 (Intuit QBO)
New items learned in this section are dealing with year-end closing entries like PUCC and 2% S Health, overview of year end forms, and dealing with receiving an insurance check for a vehicle that wrecked. They will process 4th quarter financial statements, sales tax returns, quarterly and year end reports, and tests.
VIII. Accounting 501 – Final Tip for Success
Video on items that will help their growth in processing.
Tax Training – UltraTax
I. Tax 000 - Entity Selection and Explanation
I. Tax 000 - Entity Selection and Explanation
Overview of entity types advantages/disadvantages. Filing form SS-4, 2553 election for s corp, and 8832 entity classification change.
II. Tax 001 Overview
Overview of entities. Tax basics overview (rules of different entity types)
III. Tax 101 – Pinnacle Auto (UltraTax)
Walkthrough of how to set up and efficiently process S Corp return through UltraTax. Trainee will take accounting data from accounting course and prepare S Corp return and take test.
IV. Tax 201 Form 1065 (UltraTax)
Walkthrough of how to set up and efficiently process 1065 return through UltraTax. Trainee is provided sample data for them to add client to Ultra Tax, process return, and take test.
V. Tax 301 – Form 1120S (UltraTax)
Walkthrough of how to set up and efficiently process S Corp return through UltraTax. Trainee is provided sample data for them to add client to Ultra Tax, prepare S Corp return, and take test.
VI. Tax 401 Form 1120 (UltraTax)
Walkthrough of how to set up and efficiently process C corp return through UltraTax. Trainee is provided sample data for them to add client to Ultra Tax, prepare C Corp return, and take test.
VII. Tax 500 – 1040 Simple Return (UltraTax)
Walkthrough of how to set up and efficiently process a basic 1040 return through UltraTax. Trainee is provided sample data for them to add client to Ultra Tax, prepare 1040 return, and take test.
VIII. Tax 501 Form 1040 (UltraTax)
Walkthrough of how to set up and efficiently process a more advanced 1040 return (dealing with W2 V code and stock sale as well as other items) through UltraTax. Trainee is provided sample data for them to add client to Ultra Tax, prepare 1040 return, and take test.
IX. Tax 601 – Advanced Tax Issues (UltraTax)
Videos walking through how to deal with certain advance tax issues in UltraTax (Multistate apportionment, qualified charitable distribution, accumulated other comprehensive income, Sch A Home Mortgage interest limits, Form 9465 Installment Agreement, Officer Life Insurance).
X. Tax 601.1 – FinCen 114 and Form 8938 (UltraTax)
Walkthrough of how to deal with a FinCen114 and Form 8938 in UltraTax. Trainee will then do a process of it with sample data and take a test.
XI. Tax 601.2 – Installment Sale (UltraTax)
They will use same client from FinCen lesson to learn how to do an installment sale in UltraTax. Trainee is provided video instruction and sample data to do it.
XII. Tax 601.3 Roth IRA Conversion (UltraTax)
Video on how to deal with a Roth IRA conversion in UltraTax.
XIII. Tax 601.4 – Accrual to Cash Conversion (UltraTax)
Video on how to do an M1 adjustment of accrual to cash in UltraTax.
XIV. Tax 601.5 – 1031 Like Kind Exchange
Video on how to do a 1031 like kind exchange and a 1031 like kind exchange with mortgages in UltraTax.
XV. Tax 701 – Nonresident Return (UltraTax)
Walkthrough of how to deal with a 1065 with foreign partners and processing a 1040 nonresident return. Trainee will create the 1065 and 1040NR in UltraTax and take test.
XVI. Tax 801 – Form 1041 Trust Returns (UltraTax)
Videos walking through how to properly complete a trust return in UltraTax.
XVII. Tax 825 – Tax and Accounting Manager Role
Video overview of the Tax and Accounting Manager Role
XVIII. Tax 826 - Tax and Accounting Manager F/S Review 101
Teaches how to properly review financials handed to manager by bookkeepers.
XIX. Tax 850 – Strategies M2C2
Tips and Tricks for maintaining monthly client contract.
XX. Tax 851 – Strategies 101 - Pension Plan
Overiew of what pension plan is right for your client. Decision Trees provided for decided right plan.
XXI. Tax 852 – Strategies 102 - Section 179
Video discussion Section 179 and a decision tree provided.
XXII. Tax 853 – Strategies 103 - High Income Earners
Document going through the different ways of tax minimization for High Income Earners.
XXIII. Tax 854 – Strategies 104 - Tax Planning UltraTax
Walkthrough of Tax Planning in UltraTax. Trainee will also create a tax planning based on sample set of tax data.
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