This course is a natural progression from Bookkeeping I program. It covers stock control and other issues not covered in Bookkeeping I, and looks at accounting for trading firms, and the differences between recording and reporting.
There are 12 lessons as follows:
1. Trading firms and accounting rules
2. Physical Inventory System
3. Perpetual Inventory System
4. Inventory Valuation
5. Accounting for bad and doubtful debts
6. Classified Profit and Loss Statements for trading firms
7. Control Accounts
8. Budgeting for Trading Firms
9. Statement of Cash Flows
10. Alternatives in Accounting
11. Analysis and Interpretation of Accounting Reports
12. Business Expansions and Sources of Finance
Each lesson culminates in an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.
Study hours – 100hrs
Assignments – 13
Written Exam – 1
On completion you will be awarded a Learn Australia Certificate of Bookkeeping Skills
Our Bookkeeping course is industry accredited. Students who undertake our Bookkeeping course are eligible to join the Institute of Certified Bookkeepers. This is the largest such institute in the bookkeeping industry -world wide. They will join as associate members. The Institute is committed to setting the standards for bookkeeping and maintaining those standards and continuing to provide members with full support once they have qualified.
Please read the FAQs.
After your enrolment, please allow 10 days to receive your comprehensive course study pack by mail. This pack will contain your course guidelines and instructions, tutor contact information and training materials.