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Course Type: Short Course
Study Mode: Online
Duration: 5 Hours
Provider: Interaction Training
Enrol By: 27th Nov 2009
Short Course Level $259
 Payment Options
Pay upfront $259 Enrol
Get started for as little as $259

Accounting Basics

Course Outline

In this course, we investigate the basics of accounting. We introduce the skills and knowledge required to prepare and understand the financial plans and budgets that are crucial to the ongoing operation of an organisation.

InterAction courses are packed with practical lessons and simulation that were developed in Australia - so yes you will be listening to Australian voices!

You can also start by completing an optional pre-test which identifies any skills gaps you may have, and then recommends the most appropriate modules that you need to concentrate on to round off your knowledge. You will be directed to the specific topics that will supplement your existing knowledge.


This course is designed to support individuals who wish to attain a professional and more comprehensive understanding of the subject matter, and apply the skills learned to their professional environment as well as in every-day life.

Delivery Method:

  • Online Delivery

Language Options:

  • English

Total Learning Time:

  • 2 to 5 hours

Learn To: 

Business and Information Management

  • Introduction
  • Business Plans
  • Chain of Command
  • Strategic Management
  • Middle Management
  • Frontline Management
  • Management Demands
  • Exercise
  • Resources and Information Management
  • Financial
  • Physical
  • Human
  • Trading
  • Information
  • Information Needs of Different Industry sectors
  • Manufacturing
  • Retail
  • Rural
  • Service

Basic Accounting Overview 

  • Introduction
  • Accounting Systems
  • Workbook Exercise
  • Data Collection
  • Classification
  • Analysis
  • Storage
  • Financial Report Analysis
  • Statement of Financial Position
  • Statement of Financial Performance
  • Statement of Cash Flow
  • Budgets and Reporting

Accounting Transactions

  • Introduction
  • Chart of Accounts
  • Transactions Journals
  • Accounting for the Initial Purchase of Business
  • Accounting for Owners Investment of Cash Funds
  • Accounting for Daily Sales
  • Accounting for Cost of Sales
  • Accounting for Expenditure
  • Statement of Performance
  • Balance Sheet Exercise
  • Statement of Cash Flow

Click here to see an example course