A beginners guide to Accounting

This course has been designed as an introduction to accounting principles and is for beginners working in a New Zealand business environment. No previous knowledge of accounting is assumed and all concepts are introduced in a simple manner. The emphasis is on a practical approach that helps non-accountants learn some accounting basics that will assist you to successfully use accounting software. It is a non-computerised course and includes a series of exercises to help the learning process. Please note this course is not an MYOB AccountRight software course.

Who should attend

MYOB AccountRight software beginners or people working in a New Zealand business environment, who have no accounting experience and want to gain an understanding of basic accounting and bookkeeping concepts.

Course Content

A beginners guide to Accounting covers:

Code transactions to appropriate accounts

Identify company profits vs personal income and who pays the income tax

Apply basic accounting concepts

Recognise accounts as Assets, Liabilities, Equity, Expenses or Revenue type

Apply business transactions on the accounting equation

Read a Profit & Loss Statement and Balance Sheet

Understand how GST works and calculate GST to pay

Identify capital vs revenue expenses

Set up a successful accounts filing system