Sorry Colleen I dont know about a bevel n emboss adjustment layer, I dont know much about adjustment layers, but the use of them is different in photoshop than it is in PSP. although there are a lot of things you can do in both, they are done differently in psp than photoshop, Photoshop has a lot more things you can do.
Yes the emboss is on the side tool bar .
adjustment layers you can find at the bottom of ther layer pallett and also under layers to the top panel.
Have you looked on this site at the top, Classes/ intermediate/ creative scrap, therer is a whole bunch of things to make and learn in there, there maybe a peppermint of sweet inn there that might answer what you want to do. Hope this helps.