Accounting and tax training course

If you are already running a business or about to start one, you’ll learn the fundamentals to successfully use Xero Accounting software to manage your accounts.

This course is designed for:

Business owners or managers who want to upskill financial knowledge.
Individuals managing business accounts and learning advanced skill.
Graduates who would like to gain practical accounting skills and be ready for the workforce.

Course Content:

Day 1 - Tax Accounting and Xero Beginner

Day 2 - GST & Xero GST

Day 3 - PAYE & Xero Payroll

Day 4 - Income Tax - IR3, IR4 and IR10

Day 5 - Management Accounting

Day 6 - Xero Advance

All course are flexible to choose based on your needs.

Tax Accounting

 

Course outline

An introduction to accounting
Understanding balance sheets
Understanding the accounting equation and double entry
Basic concepts of accounts payable and accounts receivable
Understanding financial statement

Key benefit

Gain a fundamental knowledge of business and personal accounting. Understand Balance Sheets, Profit and Loss statements. Whether you're a sole proprietor looking to manage your business finances or you simply want to gain an understanding of accounting basics for career advancement, this course will give you a solid foundation in financial matters.

GST & Xero GST

Course Outline

An introduction to GST.
How to register for GST: Required information, taxable periods, different company methods
Understanding the input GST and output GST
Learn to prepare GST return on Xero

Key benefit

You’ll be able to confidently understand how GST works in New Zealand, prepare returns and calculate GST liabilities.

PAYE & Xero Payroll

Course Outline

Different types of employees (i.e casual, part-time, full time, contractors)
Payroll legislation, PAYE and other tax obligations
Annual leave, sick leave, bereavement leave and parental leave entitlements
Deductions – student loans, child support, court fines
ACC – what you have to do if an employee is injured at work
Employee time recording, pay adjustments
Annual leave and holiday pay calculations
Dealing with KiwiSaver and employer superannuation schemes (employer and employee contributions)
Inland revenue penalties
Setting up Xero Payroll including creating payroll calendar reminders and managing annual leave
Creating payroll and PAYE returns for Inland Revenue on Xero

Key benefit

This course would help you get your payroll right and save time managing payroll and PAYE returns.

Income Tax - IR3, IR4, IR10

Course Outline

Understanding the income tax for individual and company
Calculating the provisional tax (different methods)
Learn to prepare IRD IR3, IR4 and IR10 income tax returns

Key benefit

Learning all the latest income tax changes, tax tips and how to maximise tax returns. By the end of the course, you will understand the tax consequences of all income types, personal services income, foreign income; allowable deductions including motor vehicle, travel and applying depreciation; investment income including rental properties and capital gains, all available tax offsets and residency implications for tax purposes.

Xero Beginner

Course outline

Introduction to Xero Accounting software
How to prepare bank reconciliations
Processing sales and invoices
Entering purchases and bills
Customer relationship management within Xero software
How to prepare financial statements and understand Xero reporting
Understanding the chart of accounts in Xero

Key benefit

By the end of the course, you will gain the fundamental knowledge to successfully use Xero to manage your business accounts.

BONUS: A free demo version of Xero is provided for you to successfully complete this course.

Feedback from business owners and students：

Exactly the kind of accounting knowledge I need for my business. Teachers are nice and extremely professional, not only within the accounting field and also gave us lots of business strategies. A+++ Recommended! - Roman from Jeek Film & Media

All the topics discussed in this short course are very practical and useful. In a small group learning environment, we had a lot of opportunities to ask questions and discuss the course materials in real life situations so that learning is effective. Highly recommend this course to business owners and individuals who would like to learn the practical key aspects in accounting and taxation. - Mary from QM Construction

After five days of the study, it made me I realise that I would actually need to make quite a lot of changes in the way I manage my company’s financials and taxes. I wasn’t very sure if the courses would be helpful to me, but after taking them, I found that the courses are actually very helpful, and they taught some very practical stuff. I highly recommend the courses. - Mr Zhang from Sunny Land

The courses are well designed with a lot of practical stuff. The teachers are very professional and the environment there is very clean and comfortable. I’ve learnt a lot of useful knowledge and skills that I couldn’t learn from uni. And I think they will be really helpful to my future career and I would also recommend it to my friends. - Ray C from the University of Auckland

Accounting and Tax Courses