certificate of financial management and accounting (australian version)
Course Overview
The Certificate of Financial Management and Accounting is was designed to teach you the skills in bookkeeping, accounting, taxation, and financial management. If your current job has a financial management element, or you would like to move into a financial management role, then you will find this unique course a valuable addition to your CV, giving you an advantage over other applicants.
On completion of the course, you will have a solid grasp of the theory and practice of accounting, as well as a thorough understanding of bookkeeping, business law and taxation. The financial management module will take you through the costing and budgeting process.
Topics
- The accounting doctrines and 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 minors
- Tax for rental properties
- Capital gains tax and fringe benefits tax
- History of taxation and PTY LTD companies
- Resources and accounting
- Managing resources
- Cycle of production
- Inputs and outputs
- Cash flows
- Cash flow statements
- Managing cash flows
- Balance sheets
- Alternative balance sheet formats
- Accounting balance
- Cash and profit
- Profit statements
- The art of accounting
- Costing our activities
- Types of costs
- Apportioning and absorbing costs
- Understanding contribution
- Breaking even
- Alternatives to absorption costing
- Relevant and irrelevant costs
- Costing in decisions
- Costing in pricing decisions
- Budgeting process
- Performance and control
- Budgets and people
- Managing a budget
- Measuring performance
Assessment
Assignment-based
Course Duration
12 month enrolment period, with extensions available. As a guide, certificate courses can be completed within 5-10 weeks. Students can complete their course more quickly or at a more leisurely pace depending on work and other commitments.
Fees
Click here to view our current fees.