Certificate in Accounting and Finance
Course Overview
The Certificate in Accounting and Finance is an online professional development
course that will introduce you to the principles of accounting, bookkeeping,
budgeting, finance and taxation.
This course was designed for individuals who need to perform accounting duties
such as introducing and maintaining accounting systems, reporting on business
performance, preparing financial statements, and preparing management
accounting reports. Graduates of The Certificate in Accounting and Finance will
have solid grasp of the theory and practice of accounting, as well as a thorough
understanding of bookkeeping, budgeting finance and introductory taxation.
Topics
Finance fundamentals
Accounting principles
Accounting cycle
Income statement
Balance sheet
Chart of accounts
Single vs double entry accounting
Recordkeeping
Financial terms
Understanding debits and credits
Financial analysis
Reading annual reports
Choosing accounting software
Basics of budgeting
Types of budgets
Parts of a budget
Budgeting process
Budgeting tips and tricks
Monitoring and managing budgets
Common budgeting methods
Understanding ratio analysis
Presenting your budget
Building a case for your budget
Comparing investment opportunities
Accounting Standards
Cashbooks and chart of accounts
Petty cash and bank reconciliation
BAS/GST calculations
Cost of goods sold (CGS) and trading account
P&L and balance sheets
Accounting for goodwill
Leases, fixed assets and depreciation
Bankruptcy and trade practices law
Companies trusts and partnership law
Solicitors/real estate trust accounting
Tax for companies
Tax for sole traders
Tax for trusts and partnerships
Tax for rental properties
Capital gains tax and fringe benefits tax
Assignment-based
Course Duration
Course duration: Approximately 25 hours. As a guide, certificate courses can be
completed within 5-10 weeks of part-time study. Distance Learning – 2 month’s-
learning access, with free extensions available.
