• Industry courses and accreditations

    Choose from a range of courses focused on different areas of the global supply chain industry.

  • Corporate compliance courses

    Specialized compliance training courses for individuals, teams and organizations.

  • Nationally recognised training

    Nationally recognised online learning to help you launch or advance your career.

Accounting and business finance fundamentals - How accounting works

This course covers the basic principles of accounting, including calculating monthly income, expenses, assets and liabilities and creating statements.

  • Image1 Week
    1 Hour Per Week
  • ImageIntermediate to Advanced
  • ImageEnglish
Preview
This Course Includes
  • 100% online
  • Fits your deadline
  • Intermediate/Advanced
  • Includes video introductions
  • High quality graphics
  • Mobile access
  • Certificate of Completion
Need to Train Your Team?

We offer flexible, cost-effective group memberships for your business, school, or government organization. Contact us to learn more.

What You'll Learn

In this course we’ll teach you the basic principles of accounting, starting with how to classify financial data in terms of monthly income, monthly expenses, assets and liabilities. We’ll also teach you how to create Statements of Monthly Income and Expenses, and Statements of Assets and Liabilities using this data. 

As well you’ll learn how to create a balance sheet and how to use it to calculate Net Worth or Net Assets. 

Finally, you’ll learn how a Profit and Loss Account can be prepared for any period- being a day, a week, a month, or a year and how to create a financial plan or budget using these reports.

Course Content

In this course we’ll teach you the basic principles of accounting, starting with how to classify financial data in terms of monthly income, monthly expenses, assets and liabilities. We’ll also teach you how to create Statements of Monthly Income and Expenses, and Statements of Assets and Liabilities using this data. 

As well you’ll learn how to create a balance sheet and how to use it to calculate Net Worth or Net Assets. 

Finally, you’ll learn how a Profit and Loss Account can be prepared for any period- being a day, a week, a month, or a year and how to create a financial plan or budget using these reports.

Assessment

Multiple Choice Assessment available for Certificate of Completion.

Explore our Top Courses

TLIX0008 Comply with biosecurity border clearance
TLIX0008 Comply with biosecurity border clearance

This course has been approved by DAWE as the pre-requisite course for persons seeking to become accredited persons for AAs 19.1 and 19.2

A $240

  • Suitable for all students
  • Learn at your own pace
  • English
Learn More
Approved Arrangement Accreditation for AA Accredited Persons
Approved Arrangement Accreditation for AA Accredited Persons

This course provides the skills and knowledge required for you to undertake your role as an Accredited Person within a DAWE Approved Arrangement.

  • Beginner to Intermediate
  • 4 Hours
  • English
Learn More
Safe Container Loading Practices
Safe Container Loading Practices

This course covers the implications of incorrect container loading and industry’s role in ensuring they maintain best practice procedures.

  • Beginner to Intermediate
  • Learn at your own pace
  • English
Learn More
Understanding Incoterms® 2020
Understanding Incoterms® 2020

The Understanding Incoterms® 2020 course explores the methodology of Incoterms®, as well as the specific changes to the 2020 rules.

  • Intermediate to Advanced
  • 5 Hours
  • English
Learn More