Get your head around accounting principles!
This course is for those who want to be able to interpret financial reports. It takes you through the three basic phases of the accounting cycle – the bookkeeping process, i.e. the recording of transactions, preparation, presentation and analysis of financial reports, and a case study on the development of a master budget. Information in this course is essential for business owners.
The following topics are covered:-
The accounting cycle:
- source documents
- posting to accounts in the ledger
- balancing accounts in the ledger
- subsidiary ledgers
- the trial balance
The course does not cover the actual recording of transactions in these records as this is the focus of a bookkeeping course.
The preparation of financial reports:
- profit and loss statement
- balance sheet
- cash flow statement
The following aspects are included:
- theory and purpose behind the reports
- jargon used
- significance of the groupings of information used in the reports
- static information provided by the report
- dynamic information provided through financial analysis
The preparation of a master budget which includes:
- revenue budget
- expenses budget
- capital budget
- cash flow budget
- budgeted profit and loss statement
- budgeted balance sheet
This short course is non-accredited therefore is not registered with the National Training Register. Course details
Gold Coast - Southport
Part time: 3 sessions / 1 day per week
- Full Fee $265
07 5581 8300
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Complement your work experience with relevant marketing principles
Working full-time, I needed a flexible course that could fit into my busy schedule. I enrolled part-time into TAFE Queensland Gold Coast's Diploma of Marketing which proved to be the perfect balance for my restrictive lifestyle. I gained confidence in knowing that the valuable skills I have learnt in class can now be put into practice within my workplace.
A thank you to all our amazing students. We are so glad you enjoyed your time with TAFE Queensland Gold Coast.