Bachelor of Business

Certificate in Accounting Principles

Online Course Information

Do you want to learn essential accounting knowledge and skills to be able to complete important bookkeeping tasks?

In this online accounting course – FNSSS00014 Accounting Principles Skill Set training program, you will learn to prepare financial reports, process financial transactions and extract interim reports, administer subsidiary accounts and ledgers, complete business activity and instalment activity statements, set up and operate a computerised accounting system, as well as how to establish and maintain payroll systems.

Whether you want to learn the essentials to undertake bookkeeping tasks for your business, or take on bookkeeping responsibilities for a small organisation, this online course will open doors and create rewarding opportunities for you.

Units

Business Accounting Foundations

FNSACC312 Administer subsidiary accounts and ledgers
  • Review accounts receivable requirements
  • Identify bad and doubtful debts
  • Review client compliance with terms and conditions and plan recovery action
  • Prepare reports and file documentation
  • Distribute creditor invoices for authorisation
  • Remit payments to creditors
  • Reconcile outstanding balances
FNSACC408 Work effectively in the accounting and bookkeeping industry
  • Develop professional working relationships
  • Identify compliance requirements and support materials
  • Set up and maintain systems to meet compliance requirements
  • Work autonomously or in a team to complete work activities
  • Develop and maintain own competency
FNSACC416 Set up and operate a computerised accounting system
  • Implement integrated accounting system
  • Process transactions in system
  • Maintain system
  • Produce reports

Payroll and Tax Essentials

FNSTPB401 Complete business activity and instalment activity statements
  • Identify compliance and other requirements applicable to business activity
  • Analyse and apply industry codes of conduct associated with work activities
  • Review and apply goods and services tax (GST) implications and code transactions
  • Report on payroll activities and amounts withheld
  • Reconcile and prepare activity statement
  • Lodge activity statement
FNSTPB402 Establish and maintain payroll systems
  • Establish payroll requirements
  • Record payroll data
  • Prepare and process payroll
  • Handle payroll enquiries
  • Maintain payroll

Reporting

BSBFIA401 Prepare financial reports
  • Maintain asset register
  • Record general journal entries for balance day adjustments
  • Prepare final general ledger accounts
  • Prepare end of period financial reports
FNSACC311 Process financial transactions and extract interim reports
  • Check and verify supporting documentation
  • Prepare and process banking and petty cash documents
  • Prepare and process payable and received invoices
  • Prepare journals
  • Update financial data and systems
  • Prepare deposit facility and lodge flows
  • Finalise trial balance and interim reports