Bookkeeping is a key organisational process that reaches across the organisation. Understanding the fundamentals of bookkeeping is a key part of administering your business on a day-to-day basis and ensuring ongoing compliance. Correctly accounting for your income and expenses and maintaining your balance sheet accounts are the foundations of a robust financial reporting framework.

This program covers off a wide range of bookkeeping fundamentals including double entry accounting, cash and accrual accounting, depreciation, and best practice processes.

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Providing you with a comprehensive overview of the key responsibilities of a bookkeeper, covering both for-profit and not-for-profit accounting, including the identification and allocation of revenue, expenses, and inventory.

You will gain a solid understanding of financial statements, double-entry accounting, journal entries, reconciliation, best practices, and regulatory requirements, along with essential tasks like month-end and year-end processes, audit preparation, and financial management.

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