Lodging your business activity statement (BAS) doesn’t need to be difficult, but if you don’t have skills and knowledge to lodge correctly in can be time-consuming and costly. So, if you’re self-employed and are required to lodge a BAS for your business, this online course will help you do it right to avoid unnecessary penalties.
The Introduction to Business Activity Statements – BAS is an online professional program that will provide you with the skills and knowledge required to process business taxation requirements related to Business Activity Statements (BAS) and Instalment Activity Statements (IAS), including the completion of Activity Statements.
On completion of this introductory course, you will discover legislative and regulatory requirements, learn how to recognise and apply GST implications and confidently compile and reconcile activity statements.
Note: To provide BAS services in Australia, agents must be registered with the Tax Practitioner’s Board.
Unit - Carry out business activity and instalment activity statement tasks
Legislative, regulatory, industry and organisational requirements
Australian Taxation Office (ATO)
The cash system
The accrual system
Managing more than one business under an ABN umbrella
Income tax legislation
The use of IT software and equipment
Organisational and industry requirements
National Tax Practitioners board requirements
Code of professional conduct
Conduct of personal affairs
Account for money or other property
Conflict of interest
Maintain knowledge and skills
Ascertaining a client’s state of affairs
Ensuring tax laws applied correctly
Advising clients rights and obligations under taxation laws
Investigations / Outcomes
Change of circumstances
Law and Ethics
BAS agent services
Specialist financial services
Annual GST reports
Penalties and payment options
Industry code of conduct
Financial Services Reform ACT (FRSA)
Equal employment opportunities
Affirmation action legislation
Consumer credit code
Health and safety legislation
Whistle blower legislation
All legislative requirements
Code of Banking Practice
Code of conduct
Policy and procedure
Tax invoice requirements
Registered for GST
Registered for ABN
Not registered for GST
Entering cash transactions
Processing accounting data
Calculating and reconciling total salaries
Calculating pay as you go instalments
PAYG systems instalments and records
PAYG tax withheld
Calculating WET and GST
Fringe benefits tax (FBT)
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.
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;
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. 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 available for purchase at any time and not require to complete this 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.