Master of Business Administration

Certificate in Advanced Accounting Principles

Online Course Information

Do you want to learn advanced accounting knowledge and skills?

In this online accounting course – FNSSS00015 Advanced Accounting Principles Skill Set training program, you will learn to prepare provide financial and business performance information, prepare tax documentation for individuals, manage budgets and forecasts, prepare financial reports for corporate entities, implement and maintain internal control procedures and provide management accounting information.

Whether you want to learn about advanced accounting to undertake budgeting tasks and make financial decisions for your business, or if you are a manager who needs to understand the financials of your organisation, this online course will open doors and create rewarding opportunities for you.

Units

Business Accounting Essentials

FNSACC516 Implement and maintain internal control procedures
  • Review corporate governance requirements
  • Implement internal control operating procedures
  • Monitor internal control operating procedures

Tax Essentials

FNSACC512 Prepare tax documentation for individuals
  • Gather client income data and verify client, organisational and legislative requirements
  • Identify, record and present client’s non-complex income tax documentation
  • Manage lodgement of client’s non-complex income tax documentation

Reporting

BFNSACC311 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 journal
  • Update financial data and systems
  • Prepare deposit facility and lodge flows
  • Finalise trial balance and interim reports

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

FNSACC511 Provide financial and business performance information
  • Assess client needs
  • Analyse data
  • Prepare and provide financial and performance advice to client

FNSACC514 Prepare financial reports for corporate entities
  • Compile and analyse data
  • Prepare reports

FNSACC517 Provide management accounting information
  • Gather and record operating and cost data
  • Analyse data and assign costs
  • Prepare cost reports and budgets
  • Analyse variances and review costing system integrity

Budgets and Financial Tools

FNSACC513 Manage budgets and forecasts
  • Prepare budget
  • Forecast estimates
  • Document budget
  • Monitor budget outcomes