Accounting & Bookkeeping Course for Beginners

Improve your work skills by enrolling in our comprehensive business management courses in Sydney! 

This Accounting & Bookkeeping Course will take you through the process of completing your own set of books and generating several financial reports, as well as finalising your own BAS.

This short course includes a business case study, which will provide you with hands-on practical experience to finalise a set of books and all necessary reports. You will also prepare a Business Activity Statement (BAS) in a relaxed and stress-free environment. As part of this Accounting & Bookkeeping course, you will learn the skills needed to understand the fundamentals of BAS accounting. With the goal that you will be able to differentiate between the different types of assets, liabilities, and equity, you will learn how to complete a Business Income and Expenses Cashbook, reconcile Bank accounts as well as Accounts Payable and Receivable, report fixed assets and calculate depreciation, pass journals and post ledgers, generate financial reports, complete a BAS worksheet and finalise a BAS.

This Accounting & Bookkeeping Course will help you to understand computerised accounting, although this is not covered in the class.

You may also like to try  MYOB AccountRight Course for Beginners after completing this course. Although it's not essential, many students have found it to be beneficial. 

Please note that completing this Accounting & Bookkeeping course will not provide you with the accreditation to become a BAS Agent.

Learning outcomes

By the end of this Accounting & Bookkeeping Course, you should be able to:

• Understand bookkeeping jargon
• Differentiate between the different types of assets, liabilities, and equity
• Complete a Business Income and Expenses Cashbook
• Reconcile Bank accounts
• Report their fixed assets and calculate depreciation
• Reconcile Accounts Payable and Receivable
• Pass Journals and post ledgers
• Generate financial reports
• Complete a BAS worksheet and finalise a BAS.

Course content

What will be covered in this Accounting & Bookkeeping Course for Beginners?

• Bookkeeping principles and financial source documents
• Overview of GST and BAS
• Processing and reconciling Accounts Payable and Receivables
• General discussion of Credit Control and Debt collections
• Introduction to the Fixed Assets Register and depreciation
• Reconciling Petty cash
• Understanding financial reports
• Assessing the business activities and summarising business data
• Examine payments and deposits
• Finalising the Cash Book
• Prepare a Fixed Assets Register and calculate depreciation
• Pass General Journal Entries
• Reconcile the General Ledger
• Attempt a Trial Balance
• Complete a Trading Account statement
• Complete a Profit and Loss statement
• Complete a Balance Sheet statement
• Reconciliation of a BAS worksheet
• Finalising a Business Activity Statement (BAS)
• General group discussion 
• examine a case study

Intended audience

Who is this Accounting & Bookkeeping Course for?

This course is specifically designed for students looking to upskill and caters to a wide range of individuals. It is ideal for small business owners who want to gain a deeper understanding of bookkeeping and Business Activity Statement (BAS) preparation, however, it is also uitable for individuals with limited accounting knowledge who wish to learn about bookkeeping and BAS for their personal or professional growth. Moreover, if you have studied accounting in the past and want to refresh or update your knowledge specifically in bookkeeping and BAS, this course will serve as an excellent refresher.

Course materials

What to bring to class

• Laptop with access to Excel (WiFi at the College is available if needed)
• Basic calculator
• Pencil
• Rubber
• Sharpener
• Ruler

Additional information

Please note the following: Students will be provided with a set of Accounting & Bookkeeping Course notes and a case study to use in class.