Course Overview
This course covers double entry accounting by identifying, classifying and recording the day to day financial transactions for a sole trader and performing end of period adjustments to produce financial reports..
Skills Covered
- Check and verify supporting documentation, prepare and process banking and petty cash documents, prepare and process invoices for payment to creditors and for debtors, prepare and post journals and batch monetary items, post journals to ledger, enter data into system, prepare deposit facility and lodge flows and extract trial balance and interim reports.
- Review accounts receivable process, identify bad and doubtful debts, review compliance with terms and conditions and plan recovery action, prepare reports and file documentation, distribute creditor invoices for authorisation, remit payments to creditors and prepare accounts paid report and reconcile balances outstanding.
- Maintain asset register, record general journal entries for balance day adjustments, prepare final general ledger accounts and prepare end of period financial reports including revenue statement and balance sheet.
Course Details
- Start Date: Enrol anytime
- Admission Requirement: None
- Study Mode: Online
- Course Fees: $ 480.00
- Payment Options: Click on 'Study Now Pay Later Options'
- Duration: 14 weeks, however students are able to fast track and complete in a shorter timeframe
- Study Load: Self-paced (e.g. Approx. 8 - 12 hours per week = complete in 14 weeks. This can vary depending upon the student's prior knowledge or familiarity with the course.)
- Required Textbooks: Accounting Principles: Financial Transactions, Subsidiary Ledgers & Interim Reports 13th edition, Anne Collins & Andrew Duncan
- Assessments: Supervised, unsupervised assessments and online activities. For more details click here
- Assessment Locations: Online or TAFE SA Campuses or Interstate approved invigilators. For more details click here
- Further Information: FJP.admissions@tafesa.edu.au or 72103816
Last modified: Tuesday, 9 October 2018, 4:43 PM