Description

Tax and Accounting Fundamentals is a three-part series for graduates and others wanting a back-to-basics learning approach to Income Tax, Goods and Services Tax, and Accounting.

Part 3: Focus on Accounting will cover:

• An overview of the Accounting Standards Framework, including For-Profit and Public Benefit Entity requirements
• Back to basics:
• The accounting equation
• Debits and credits
• Accruals and prepayments
• Financial Statements

Part 1 covers Income Tax Fundamentals and Part 2 covers GST Fundamentals.

ORIGINAL BROADCAST DATE

14 September 2022

LEARNING OUTCOMES

An understanding of:

• The key principles of accounting, including debts and credits, accruals and prepayments;
• NZ’s accounting standards framework, including how to determine what an entity’s financial reporting obligations are;
• Financial statement analysis, including where to start and the focus of each statement.

SUITED TO

Graduate accountants and others working in accounting and wanting a back-to-basics refresher.

PRESENTER

René Lamprecht, National Technical Manager, Baker Tilly Staples Rodway Auckland.