Previous Version Version Effective: 19th of August, 2021
Version Effective: 19th of August, 2021

PDC73744 - Key Principles and Concepts in Accounting

Course Details

Course Summary

In this online micro-credential, you will examine key principles and concepts relevant to accounting. These concepts are important to learn about, even as a manager or a leader, so that you are able to decipher the financial information available to you. These skills will help you determine whether the business is running at a loss or a profit, the liabilities of the business and whether the business is complying with its legal accounting obligations. Understanding accounting is an essential tool for leaders who need to efficiently and effectively make business decisions. Understanding the financial underpinnings of your business can help you determine what financial activities are, and are not, working at the business. This information will help you to make business decisions and execute changes to the business with the aim of improving operations and increasing profits. To help you understand the basics of accounting, you will learn about the purpose of financial statements and the main types of financial statements and the principles guiding the accounting profession and informing its ethics. Key accounting terminology that is required at an executive level of business and the difference between accrual and cost-based accounting will be outlined.

This online micro-credential provides a non-creditable micro-credential and digital badge which can be shared to your social networks and displayed in your professional portfolio.

 

Entry Requirements

There are no specific entry requirements to enrol in this micro-credential, however, it is relevant to anyone who would like to complete studies in this field, in a flexible and self-paced environment.

Course Details

Course Type Short Course (Professional Development)
Student Availability
  • Domestic
  • International
Fees
Full Fee $90
Application Mode
  • Other
How to Apply

For direct access to the micro-credential, visit our Learning Management Site: Be Different

Simply set up an account on the site to pay and access the micro-credential you wish to study.

Study Area
  • Business, Accounting and Law
  • Work and Study Preparation
Skill Area
  • Accountancy
  • Business Services
  • General Education and Training

Admission Codes

Domestic Students
Tertiary Admission Centre Codes (TAC) Codes
Not Applicable
International Students
CRICOS Codes
Not Applicable

Student Outcomes, Career Opportunities and Occupations

Undertaking this micro-credential enables students to meet their Continuing Professional Development obligations and industry update requirements in their profession. Upon successful completion of the micro-credential, students will be awarded Continuing Professional Development (CPD) hours, a non-creditable micro-credential (Digital Badge) and a Certificate of Completion.

Course Structures

Study Mode Definitions

  • Mixed Mode courses are delivered online and require compulsory attendance of site-specific learning activities such as on-campus residential schools and/or workshops.
  • Online courses are delivered using online resources only.
  • On-campus courses are delivered using a combination of face-to-face and video conferencing style teaching at CQUniversity campuses.

*All study modes may include Vocational placement and/or work integrated learning.

Select a course structure below to view the delivery details , including the different study modes offered for each structure.

Standard Micro-credential Structure

10 hours

  • Online
No units are associated with this course


Course Learning Outcomes
  1. Identify the purpose of financial statements and the main types of financial statements
  2. Outline the entities governing international and Australian accounting standards
  3. Describe different accounting methods which are used in business.

Assessment

Online Quiz

Where and when can I start?
Please view the more details information for any additional information related to this course.

There are currently no intakes for this course.
More Details
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