Statement of Attainment in Financial Essentials

Learn the basic facts of accounting.

The fundamentals of financial management are the same for all businesses, from the one-person home office to the blue-chip multinational corporation.

With the Cengage Education Statement of Attainment in Financial Essentials course, you’ll learn how to prepare and maintain financial records for companies – payroll, general ledger, accounts payable and receivable – and how these are turned into essential reports.

On completion of your course:

About our Nationally Recognised Training accreditation Upon successful completion of this course you will receive a nationally recognised Statement of Attainment.

This course contains selected units of competency from the BSB01 Business Services Training Package.

Cengage Education is a registered Training Organisation (Provider Number: 90796) registered with NSW VETAB (Vocational Education and Training Accreditation Board).

Austudy approved

This course is Austudy approved, please apply directly to Centrelink to receive this benefit. Get more information about Financial Assistance programs.

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Course Number 85200
Course Type Correspondence
Course Duration Max 18 months
Study Hours Approx 200 hrs
Qualification Statement of Attainment

Prerequisites

No previous knowledge or experience is required to take this course.

Assessment details

  • 4 written assessments

Learning periods

This course is divided into 2 learning periods.

Subjects You’ll Cover

BSBADM308A Process payroll

  • Preparing the payroll
  • Policies and procedures
  • Terms and conditions of employment
  • Calculating pay
  • Keeping payroll records
  • Payments to employees
  • Security and confidentiality
  • Computerised payroll
  • Outsourcing payroll
  • Payroll enquiries
  • Handling enquiries

BSBADM309A Process accounts payable and receivable

  • Source documents
  • Maintaining credit journals
  • Maintain cash journals
  • Bank reconciliation
  • Maintaining the accounts receivable system
  • Maintaining the accounts payable system

BSBADM310A Maintain a general ledger

  • The accounting process
  • The general journal
  • The general ledger
  • Trial balance

BSBADM408A Prepare financial reports

  • Preparing and maintaining asset register
  • Recording general journal entries for balance-day adjustments
  • Preparing final general ledger accounting
  • Preparing end of period financial reports