Australian Accounting and Bookkeeping Workshop

This module covers the essentials of general accounting, from bookkeeping to tax. You'll learn key concepts like bank reconciliation, accounts receivable, payroll, and more, with practical activities and a case study to apply your knowledge. 

Module 2 dives into the fundamentals of financial reporting and GST. You'll review the double-entry system, learn GST concepts, and prepare BAS. The module also includes a detailed analysis of profit and loss statements, balance sheets, and practical exercises to strengthen your understanding of these essential accounting elements. 

 Module 3 focuses on advanced topics in financial reporting and taxation. You'll explore director loans, Division 7A, tax reconciliation, and franking credits. Practical activities and exercises will help you apply these concepts to real-world scenarios, enhancing your expertise in managing complex financial matters. 

Module 4 provides a hands-on approach to preparing financial statements and tax returns. Topics include individual tax returns, dividends, managed fund distributions, capital gains, rental properties, and business losses. You'll also delve into Medicare levy concepts and complete practical exercises to solidify your understanding of these critical tax elements. 

Module 5 brings together the concepts and skills from Modules 1 to 4, emphasizing their integration into a cohesive accounting process. This module helps you connect the dots between bookkeeping, financial reporting, and tax preparation, ensuring a comprehensive understanding of the entire workflow.