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Prepare Financial Reports


Course Outline and Topics

Course Overview

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.

Course Structure

Unit - Prepare financial reports

  • Maintain asset register
  • Double-entry accounting
  • Principles of recording
  • Source documents
  • Determining profit
  • Financial reporting
  • Financial controls
  • Property register
  • Accounting treatment of assets
  • Calculating depreciation
  • Black hole expenditure
  • Low-value assets
  • Policies and procedures
  • Accounting requirements
  • Depreciation schedules
  • Recording journal entries
  • Balance day adjustments
  • Adjust expense accounts
  • Revenue accounts
  • Bad and doubtful debts
  • Accounts receivable reports
  • Legislative requirements
  • Privacy
  • Code of ethics
  • Code and practice
  • Code of conduct
  • General ledger accounts
  • Cash transactions
  • Manual systems
  • Goods and Services Tax (GST)
  • Trading account
  • Profit and loss reports
  • Bank reconciliation report
  • End of period reporting
  • Revenue statement
  • Balance sheet
  • Trial balance sheet
  • Correcting mistakes
  • Accrual accounting


Written assignments and exercises, including short-answer questions, reports/essays and projects. There are no examinations or due dates for assessment.


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Payment Information

Certificate Course



  • 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;
  • Unlimited enrolment with no expiry;
  • Certificate of Attainment/Completion issued for your CV (hard copy provided); and
  • Course may be tax deductible; see your tax advisor.
SKU: c00253 Category:

Career Pathways

Future growth




Professional Development for:-

  • Financial Accountant
  • Human Resource Reports Administrator
  • Finance Support Officer
  • Senior Fund Accountant
  • Financial Analyst
  • Includes unlimited access
  • Full up-front payment only