Bookkeeping is a key organisational process that reaches across the organisation. Understanding the fundamentals of bookkeeping is a key part of administering your business on a day-to-day basis and ensuring ongoing compliance. Correctly accounting for your income and expenses and maintaining your balance sheet accounts are the foundations of a robust financial reporting framework.
This program covers off a wide range of bookkeeping fundamentals including double entry accounting, cash and accrual accounting, depreciation, and best practice processes.
Key responsibilities of a Bookkeeper
Overview of Accounting Standard
Accounting in for profit and not for profit organisations
Identification and allocation of revenue, expenses, capital items and inventory
Accounts Payable and Receivable Principles
The accounting equation
Overview of Double-Entry Accounting, Chart of Accounts (COA),
Journal Entries, General Journals and Ledgers,
Balance day adjustments
Overview Key business Ratios
Reconciliation of bank and balance sheet accounts
Month-end and year-end processes
Best Practice Principles
Financial management tasks
Audit preparation and requirements
This session is suitable for Managers, Board Members, Bookkeepers, Accountants, Administration Staff within the aged care, disability, child care and community services sectors.
2024 Webinar Scheduled Dates:
Tuesday, 16 April - 1pm - 4pm AEST
Want your whole team to attend this seminar? Contact us to enquire about an in-house training session.
We come to you to deliver the training, we can even personalise the content to be specific to your oganisation.
Book an in-house session?