Start Your Own Bookkeeping Business

GROUP ONE – WORKPLACE BASICS covers two of the industry core subjects, FNSICGEN304B - Apply health and safety practices in the workplace and FNSICGEN302B - Use technology in the workplace which are mandatory subjects for all Financial Services qualifications at any level.

The nine units in GROUP TWO – ESTABLISH AND MAINTAIN A BOOKKEEPING SYSTEM are assessed as a single group cluster thus enabling us to teach all of the units in as a single subject. Consequently we do not have to duplicate any of our training or assessments thus dramatically reducing the teaching time in comparison with a TAFE college which teaches one unit at a time.

The two units in GROUP THREE — PART ONE – BOOKKEEPING POLICIES AND PRACTICES and the three units in GROUP THREE — PART TWO – END-OF-PERIOD FINANCIAL REPORTS & ACTIVITY STATEMENTS are also assessed as single group clusters.

In the past introductory accounting concepts and principles have been taught using a manual accounting system approach. The Bookkeeping Institute of Australia has adopted the view that it is more important for students to learn to operate a computer accounting system such as MYOB to perform these activities. Consequently in addition to 11 days of lectures, students will receive 5 days of extensive self-paced training in MYOB before starting on the assessments.

What is the difference between the BI-580 Start Your Own Bookkeeping Business Program and the BI-575 BIA Certificate IV in Financial Services (Bookkeeping)?

The 19 day BI-580: Start Your Own Bookkeeping Business Program comprises of the following BIA lectures & courses.

BIA BI-580: Start Your Own Bookkeeping Business Program Timetable incorporating the FNS40207 BIA Certificate IV in Financial Services (Bookkeeping)	2008 Courses
	Day	3July	Day	Oct
Group One – WORKPLACE BASICS
Day 1: Lecture #1 . . . Welcome & Induction Including a workshop on Apply health and safety practices in the workplace	Tue	July 15r	Tue	Oct 7
Day 2: Self paced training . . . BI-210 Introduction to Computers in the Workplace	Wed	July 16	Wed	Oct 8
Group Two – ESTABLISH AND MAINTAIN A BOOKKEEPING SYSTEM
Days 3 & 4: Lecture #2 . . . G2 Part 1: Introduction to Bookkeeping & Accounting This is the foundation lecture for the course and covers the History of Bookkeeping; Accounting Concepts and Principles; Business Organisations; Accounting Entities; Business Types; The Trading Cycle; Accounting Periods; Balance Date; Source Documents; Groups of Accounts; The Accounting Equation; Net Profit; The Rules of Debits & Credits; Double Entry Bookkeeping; Accounting Systems; Chart of Accounts; Accrual and Cash Accounting; GST; The Profit & Loss Statement & The Balance Sheet and The Flow of Information	Tue Wed	July 22 July 23	Tue Wed	Oct 14 Oct 15
Days 5 & 6: Self paced training . . . BI-620 Ready to go with MYOB On this course you will learn how to create a new company file in MYOB; deal with more complex invoicing matters; enter customer and supplier details into MYOB's card file; export MYOB data to Microsoft Excel 2003; make purchases from suppliers; make sales to customers; modify a chart of accounts to suit specific business needs; pay for purchases that have been made from suppliers; perform a bank reconciliation; perform end of month operations in MYOB; produce a variety of business related reports; record customer payments; set up a petty cash operation in MYOB; setup inventory for a new company file; track and monitor your credit cards; verify, backup, & restore MYOB data files & write cheques to make payments	Tue Wed	July 29 July 30	Tue Wed	Oct 21 Oct 22
Day 7: Lecture #3 . . . G2 Part 2: Setting-up and Maintaining a Bookkeeping System Incorporating the Business Framework; Accounting Framework; Chart of Accounts review; Capital structure; Trading Stock; Accounts Receivable; Accounts Payable; The Cashbook; Inventory; Payroll & Completing the Accounting Cycle	Tue	Aug 5	Tue	Oct 28
Day 8: Self paced training . . . BI-612 MYOB Accounting Plus - Payroll On this course you will learn how to setup MYOB Accounting Plus for payroll; add employee payroll details in MYOB; conduct a pay run; create and track employee entitlements; pay employees electronically; display payroll information and generate reports; finalise the end of a pay year	Wed	Aug 6	Wed	Oct 29
Group Three - BOOKKEEPING POLICIES AND PRACTICES
Day 9: Lecture & Workshop #4 . . . G3 Part 1: Bookkeeping Policies and Practices Incorporating The Bookkeeping Industry; Section 251L of the Income Tax Assessment Act; The Impact of Legislation on the Bookkeeping Industry; Australia's Financial Regulatory Framework; Professional Associations & Ethics & Professional Codes of Conduct	Tue	Aug 12	Tue	Jan 20
*Brisbane RNA Show Day Break - NO CLASSES*	Wed	Aug 13	Wed	N/A
Day 10: Lecture & Workshop #4 continued . . . G3 Part 1: Bookkeeping Policies and Practices.	Tue	Aug 19	Tue	Jan 27
Day 11 (Cert IV only): Self paced training . . . BI-614 MYOB Accounting for GST/BAS On this course you will learn how to use the MYOB Banking command centre; reconcile bank accounts; understand file management and error correction; understand Cash and Accrual accounting methods; use advanced sales and purchases features & understand GST & BAS in depth	Wed	Aug 20	Wed	N/A
Day 12: Lecture #5 . . . G3 Part 1: Bookkeeping Policies and Practices incorporating Starting your Bookkeeping Business; Business Failures; Business Name; Business Location; Marketing your Bookkeeping Business; Key Services; Charges; Duration; Debt Collection; Lead Generation; Boosting Profitability; Operating your Bookkeeping Business; Troubleshooting; MYOB Tricks and Traps; Impact of External forces on the financial services industry; the main sectors & the roles & responsibilities of the participants in the financial services industry; Developing a professional working relationship with relevant parties; Carrying out research to identify compliance requirements and support materials & the Setting up and maintaining of appropriate systems to meet compliance requirements	Tue	Aug 26	Tue	Feb 3
Day 13: Self paced training . . . BI-615 MYOB Accounting Plus - Advanced Features On this course you will learn how to use MYOB’s Advanced Card features; enter inventory Adjustments and Transfers; work in two financial years; set up and use the job management feature; activations, user ID’s and passwords; set up and use the categories feature; Import and Export MYOB data & to set up and use the time billing feature	Wed