Collection: Bookkeeping Essentials
BOOK101
A program that enhances knowledge in the fundamentals of accounting and bookkeeping.
Course Overview
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.
What you’ll Receive
- 3 Hour Course
- Workbook and Handouts
- Participation eCertificate
- Post Course Support
Pricing
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Online
$299 + GST (Per Person)
Key Topics Covered
- The key responsibilities of a Bookkeeper
- Overview of Accounting Standard
- Accounting in for profit and not for profit organisations
- Identification and allocation of revenue, expenses, capital items and inventory
- Accounts Payable and Receivable Principles
- The accounting equation
- Financial Statements
- Overview of Double-Entry Accounting, Chart of Accounts (COA),
- Journal Entries, General Journals and Ledgers,
- Balance day adjustments
- Amortisation vs. Depreciation
- Overview Key business Ratios
- Reconciliation of bank and balance sheet accounts
- Month-end and year-end processes
- Best Practice Principles
- Financial management tasks
- Regulatory requirements
- Audit preparation and requirements
Who Is This Course Ideal For?
- Bookkeepers
- Accountant and accounting staff
- Managers
- Board Members
- Finance and Administration staff