Accounting (Intro)

Introduction to Accounting is a short course aimed at students wishing to learn about the basic accounting principles and theory before moving onto the MYOB Accounting courses at TAFE Queensland.

This course is classroom based and is recommended if you have had no experience with accounting terminology and principles. You will not be using MYOB software or computers in this short course, you will be working through a course resource on Introduction to Accounting.

The purpose of this course is to use a common range of calculation methods and techniques for conducting routine financial calculations and transactions.  You will also be instructed in manual data entry in Ledgers and Trial Balance.

Topics covered include:

• Double Entry Accounting (Debits and Credits)
• Understanding Debits and Credits, Chart of Accounts, Reports and Legal Compliance
• The Balance Sheet
• The Profit and Loss Statement
• The Trial Balance
• The Journals or Ledgers
• Initial transactions and documentation