Bookkeeping Foundations

Bookkeeping Foundations

The bookkeeping course by Woods & Co Education covers the fundamentals of bookkeeping.

The course covers topics such as:

• Ledger closing
• Profit and loss statements
• Depreciation
• Balance day adjustments
• Cash control through bank reconciliation and budgeting
• Bookkeeping applications
• Payroll management
• PAG taxation
• Taxation for trading businesses

By the end of the course students will be able to understand bookkeeping, cash flow management, obtaining finance, inventory management and controlling accounts.

  • Study this course from $25 per week on a flexible payment plan.
  • Study 100% online from anywhere in Australia.
  • Self-paced study & 24/7 access to the course allow you to study anytime, anywhere, at a pace that fits your schedule until completion.
  • Course tutor to help you every step of the way and answer any questions you have.
  • A Certificate of completion and a statement of attainment upon completion of your course.
  • Introduction – nature, scope and function of bookkeeping
  • The balance sheet
  • Analysing and designing accounting systems
  • The double entry recording process
  • The cash receipts and cash payments journal
  • The credit fees and purchases journal
  • The general journal
  • Closing the ledger
  • The profit and loss statement
  • Depreciation on non-current assets
  • Profit determination and balance day adjustments
  • Cash control: Bank reconciliation and petty cash
  • Cash control: Budgeting
  • Introduction to bookkeeping applications
  • Decision making – How to manage bookkeeping
  • Managing cash flow, obtaining finance, managing bad debts and accounts payable
  • Managing inventory part 1
  • Managing inventory part 2
  • Establishing and managing control accounts
  • Budgeting part 1
  • Budgeting part 2
  • Payroll, PAYG taxation and taxation for trading businesses
  • Financial statement analysis
  • Pathway: Certificate 4 in bookkeeping, certificate 4 in accounting

$1,990.00