Business Activity Statements: Advanced is designed to give those who prepare Business Activity Statements an enhanced understanding of some of the more problematic areas of accounting for GST, such as:
- Timing rules for paying GST and claiming GST credits
- When the usual timing rules don’t apply, including:
- progressive and periodic supplies
- asset financing (lease and hire purchase)
- deposits and part payments
- lay-by sales
- issue and redemption of vouchers
- The margin scheme
- GST adjustments
- Correcting GST mistakes
- Importing and exporting goods and services
- Dealing with selected transactions (such as financial supplies and acquisitions, second-hand goods and barter transactions)
- Simplified accounting methods
- GST and annual private apportionment
- Reporting and paying GST annually
- Claiming fuel tax credits
This course consists of one online course, one learning manual PDF and one online assessment.
Want to know more? Click below to view a sample of the learning manual: