You don’t need to be an expert in finance to appreciate the importance of understanding key financial and accounting terms. This online professional development course is ideal for anyone wanting to deepen their knowledge of financial reports and understand budgets better.
Analyse Financial Reports and Budgets is an online professional development program that will provide you with the skills and knowledge required to analyse reports and budgets as a member of a board of governance of an organisation. This online business analysis course will teach you how to manage a range of unpredictable problems and analyse and evaluate financial information in order to monitor and improve organisational performance.
On completion of this course, you will gain a solid foundation knowledge in financial reports and budgets.
Course Structure
Unit - Analyse financial reports and budgets
- Review financial reports and budgets
- Obtain revenue / expenditure
- Requests and predications
- Obtaining information from auditor
- Future organisational operations
- Business planning
- Event / activity program budget
- Financial management plan
- HR management plan
- Using financial statements
- Review budgets and cash flows
- Balance sheet
- Profit and loss statement
- Asset register
- Budgets and actuals
- Monitor revenue and expenditure
- Monitoring and reporting systems
- Establish procedures
- Registered clubs
- Core property
- Compare income and expenditure
- Examine discrepancies
- Examine variances to the budget
- Action on variances
- Regular reports to indicate fluctuations
- Financial statements for discussion
- Profitability ratios
- Capital requirements
- Consultants
- Contract for goods and services
- Repairs and maintenance
- Salaries
- Vehicle costs
- Approve final budgets
- Present final budget
- Reporting requirements
- Director’s declaration and report
- Auditors report
- Clubs- registered clubs and insolvency
- Incorporated associations
Assessment
Assessment Information
When you study with Australian Online Courses, you will be assessed using a competency-based training method.
Competency-based training focuses on the achievement of skills and knowledge against set criteria to meet industry-standard and is not benchmarked against other students’ work.
In this course, the assessment will be comprised of written assignments and exercises, which may include short answer questions, reports, essays, research projects and reflective tasks.
If you do not achieve a competency result on your first attempt, you have two more attempts to pass your assessment. So, you have three attempts in total to obtain a competency result.
In this way, you can complete your course in your own time and at your own pace with the assistance of unlimited tutor support.
Course FAQs
Why Choose Australian Online Courses?
- Professional development that is widely recognised and respected;
- Improve your employment opportunities;
- Study online, anywhere via our elearning system;
- High-quality professional development programs written by industry experts;
- No entry requirements;
- All course materials provided online – no textbooks to buy;
- Unlimited tutor support;
- Easy to understand course content;
- We offer twelve (12) months’ access, with extensions available upon application (fees apply);
- Certificate of Attainment/Completion issued for your CV (hard copy provided); and
- Course may be tax deductible; see your tax advisor.
How long will it take to complete this course?
The approximate study hours for this course is 15 hours. We offer twelve (12) months’ access, with extensions available upon application (fees apply).
Can I purchase optional printed materials?
Yes! The cost for printed materials for this course is $50 per unit. Total cost for optional printed materials is: $50.00. Printed materials are optional and not required to complete the course. Everything you need to complete the course is provided online via our e-learning system.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
Will I receive a certificate upon completion of this course?
Yes! You will receive a Certificate of Attainment upon successful completion of your assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our e-learning system and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.
Career Pathways
Future growth
Strong
Unemployment
Low
Professional Development for:-
- Accounts administrator
- Bookkeeper
- Financial Accountant
- Accounts Officer
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