Prepare financial reports credential covers the skills and knowledge that assist you in gathering and preparing key documents in an organisation that reflect an overview of the organisation’s financial health, which is fundamental in an organisation being able to make informed decisions. 

Prepare financial reports comprise of 1 micro-credential stacked course of learning, followed by a completion of assessment tasks at the end of each skill level, to test the learner’s knowledge and understanding.  

Course Series: 1 of 1

Course Award: Micro-Credential 

Course Duration: 4 Hours Course 

Complexity: Advanced 


It comprises 7 lessons of learning, followed by a completion quiz to test your knowledge and understanding.  By the end of this course, you will demonstrate understanding in: 

  • Identifying an organisation's physical assets and the ability to calculate the depreciation of these assets over time. 
  • Development of journals that reflect the financial transactions of the organisation. 
  • How to adjust financial records to accurately reflect the position of the organisation. 
  • Implement and undertake processes that allow you to ensure that records align with bank statements. 
  • The different terminology and documents used in the preparation of financial reporting. 
  • How to use financial reports to manage and review an organisation's operational activity. 


Course curriculum

  • 1

    Introduction

    • Prepare financial reports
  • 2

    Lesson 1

    • Introduction
  • 3

    Lesson 2

    • Assets and depreciation
  • 4

    Lesson 3

    • Journals
  • 5

    Lesson 4

    • Balance day adjustments
  • 6

    Lesson 5

    • Bank reconciliations

  • 7

    Lesson 6

    • Names of financial reports
  • 8

    Lesson 7

    • Financial reports for operational activities
  • 9

    Test your knowledge

    • Instructions before taking the test

    • Next steps
  • 10

    The boring stuff

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