Accounting for Non-Accountants: Public Sector

University of Canberra
Canberra, ACT, Australia

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' This course is designed for anyone who needs to understand public sector financial reports. The course will also provide a reasonably detailed analysis of the impact the Australian Equivalent of the International Financial Reporting Standards (AEIFRS) will have on public sector accrual accounting and reporting requirements.

COURSE AIMS AND OBJECTIVES
The aim of this course is to demystify accrual accounting. The course objective is to assist participants understand and apply fundamental accounting concepts and definitions to a wide range of transactions and events commonly occurring in the Australian public sector. Participants will develop an understanding of how these transactions and events impact on an agency¡¯s financial reports, including the income statement, the balance sheet, the statement of cash flows, the schedule of commitments and the schedule of administered items.

COURSE CONTENT
This two-day course will cover the following areas:

Learning and applying the definitions of the five major elements (assets, expenses, revenues, liabilities and equity) in financial accounting ¨C an area where non-accountants may struggle with accounting due to misunderstanding of these terms
Understanding how legitimate accounting choices can impact the way transactions are reported and the impact this has on the financial reports
Applying the double-entry accounting process to a range of standard transactions that most agencies undertake
Developing an understanding of how to carry out end-of-period accrual entries
Analysing how the recording of these transactions affects the financial reports including: the operating statement; statement of financial position (the balance sheet); the statement of cash flows; and the schedule of commitments
Understand the basic differences between accounting for departmental and administered funding
Understanding how the public service reporting framework impacts on the preparation of financial reports for Australian public service agencies. This framework includes: The Framework; relevant accounting standards; The Financial Management and Accountability Act 1997 (FMA Act); The Commonwealth Authorities and Companies Act 1997 (CAC Act), and The Finance Minister¡¯s Orders ¨C 2004/2005 onwards
METHOD OF DELIVERY
This course will be presented in as interactive a manner as is possible. The presenters will introduce new material through a series of short talks. Participants will be encouraged to ask questions at any time. In addition, participants will be given a series of short exercises to show how concepts are applied. The exercises also serve the purpose of integrating the various parts of the course.

...''

Phone:+61 2 6201 2977

School Address:

Professional Management Programs (PMP)
University of Canberra Innovation Centre
Building 22
University Drive South
Bruce ACT 2617
Australia



Jobs & Resumes: Canberra
Houses & Roommates: Canberra

Graduate Diploma in Marketing Communication
Graduate Certificate in Marketing Communication
Graduate Certificate Cancer Nursing
Graduate Certificate Gerontological Nursing
Graduate Certificate in Clinical Trials Management
Master of International Customs Law and Administration
Graduate Diploma in International Customs Law and Administration
Graduate Certificate in International Customs Law and Administration
Master of Business Administration (MBA)
Accounting for Non-Accountants: Private Sector
Adobe Acrobat 7.0 Professional
Anti-money Laundering
Building High Performing Teams
Business Finance
Business Kinetics Fundamentals
Coaching
Communicating to Influence
Communication & Conflict at Work
Confident Communicating

Notice: The course description on this page was captured from the Internet as historical reference or submitted by visitors. It was archived statically and not updated from day to day.
 

Facts: This website holds more than 300,000 training course records worldwide, with hundreds of new postings daily. All services in this website are free!