The preparation of accurate and professional financial reports is crucial to the financial health and success of any business. A financial report is also essential to setting long and short-term goals, applying for a business loan and making informed business decisions.
Prepare Financial Reports is online professional development program will provide you with the skills and knowledge required to record general journal adjustment entries and prepare end-of-period financial reports such as revenue statements and balance sheets for a non-reporting entity.
On completion of this course, you will feel confident in preparing professional and accurate financial reports for a business.
Unit- Prepare financial reports
Maintain asset register
Principles of recording
Accounting treatment of assets
Black hole expenditure
Policies and procedures
Recording journal entries
Balance day adjustments
Adjust expense accounts
Bad and doubtful debts
Accounts receivable reports
Code of ethics
Code and practice
Code of conduct
General ledger accounts
Goods and Services Tax (GST)
Profit and loss reports
Bank reconciliation report
End of period reporting
Trial balance sheet
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.
Using the online assessment tool makes the learning process easy and the flexibility of online learning is the only way I am able to do these courses. The Learner Guide was well written and assisted in answering the questions
T. Lucas, Kingaroy, QLD | Prepare Financial Reports
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 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.