Posted on 2 Comments

What Type of Education Does The TPB Accept For Its New CPE Requirement

Type of Education for CPE Requirements of the TPB

What Type of Education Does The TPB Accept For Its New CPE Requirement

Earlier this year, the TPB changed the requirements of the tax and BAS agent registration renewal process, now making it essential for all BAS and tax agents to participate in some form of education under its new continuing professional education (CPE) requirement.

According to the TPB, tax agents must participate in a minimum of 90 hours of CPE over the standard three year registration period, while BAS agents must participate in a minimum of 45 hours over the standard three year registration period. The Institute of Certified Bookkeepers have enabled completion of our Microsoft Excel Training Courses be accepted for CPD points.

Types of study approved by the TPB

As you’ve probably guessed, for your study to be recognised by the TPB and go towards your CPE registration requirement, the study has to relate to your area of work as a BAS or tax agent. While a short course on DIY home maintenance wouldn’t be covered, a seminar conducted by a qualified accountant who specialises in the building industry would be recognised by the TPB, even if it’s being led by a colleague at the firm where the BAS agent works.

The TPB has specified a number of activities that they consider relevant to tax advice, BAS and tax agent service you may provide:

  • Seminars, workshops, webinars, courses and lectures
  • structured conferences and discussion groups (including by phone or video conference)
  • tertiary courses provided by universities, registered training organisations (RTOs), other registered higher education institutions or other approved course providers
  • other education activities, provided by an appropriate organisation
  • research, writing and presentation by a registered tax (financial) adviser, tax or BAS agent of technical publications or structured training
  • peer review of research and writing submitted for publication or presentation in structured training
  • computer/internet-assisted courses, audiotape or videotape packages
  • attendance at structured in-house training on tax related subjects by persons or organisations with suitable qualifications and/or practical experience in the subject area covered
  • attendance at appropriate Australian Taxation Office (ATO) seminars and presentations
  • relevant CPE activities provided to members and non-members by a recognised professional association
  • a unit of study or other CPE activity on the Tax Agent Services Act 2009 (TASA) including the Code of Professional Conduct (Code).

If you’re a member of a recognised professional association

The second-to-last activity included in that list, you may have noticed, accepts any relevant activity provided by a recognised professional organisation. There are quite a few professional organisations recognised by the TPB, as you can see on their website, but the one probably most relevant to bookkeepers is the Institute of Certified Bookkeepers (ICB), with which EzyLearn is also a training partner.

The ICB is an association established to support bookkeepers and BAS agents by regularly holding seminars and training workshops, giving members access to marketing materials – such as customisable e-newsletter templates and unique email addresses – listings on the ICB directory and IT support, among many other things. Because they’re also accredited with the TPB and recognised by the ATO, they also possess a fair bit of influence with both organisations, making the lives of its members much easier.

In this case, being a member of the ICB, gives you access to a number of TPB-certified continuing professional education courses, seminars, lectures and workshops that can be counted as part of your CPE quota; members can also access a CPE register within the ICB dashboard to record their CPE activities.

Courses you can study as an ICB member

EzyLearn Online Course CPD points for bookkeepers and marketing professionals

As a member of the ICB, you’re able to take any of the courses that they consider relevant to your profession as a bookkeeper and BAS agent, and which they consider to be continuing your professional education. This would include any of our MYOB or Xero training courses, but would also include our Excel and Word training courses as they’re both used to assist you in doing your job as a bookkeeper and BAS agent.

If you’re a BAS agent and your registration with the TPB will come due on or after July 1, 2016, you will be required to have participated in CPE to be eligible for renewal.

Joining the ICB and taking advantage of the many free and discounted seminars, workshops and courses, like one of our online training courses in MYOB, Xero, MS Excel or Word, is a good way to ensure you remain compliant with the TPB’s tax and BAS agent registration terms.

To find out more about joining the ICB, visit their website. Alternatively, if you’d like to learn more about starting your own bookkeeping business or working as a home-based bookkeeper, subscribe to our blog for all the latest news and updates delivered straight to your inbox.

Posted on

Will the Self-Education Cap Deter You from Further Study?

Online study is flexible and cost effective.
Online study is flexible and cost effective.

For a country that has long considered itself the “clever nation” — the land responsible for the cochlear implant, the hills hoist, and the black box flight recorder — the Federal Government’s proposed $2,000 cap on self-education expenses seems a little surprising.

The Government announced the self-education cap two weeks ago and since then, speculation has been rife that the cap will deter employees and businesses from undertaking further study.

Annette Tsouris, Director of Studies at Australian Workplace Training has been quoted in the website, Smart Company, as saying that though the $2,000 cap was reasonable, for people currently employed and looking to up-skill, “the average price of a course is around $3,000.” While the cost of post-graduate studies at university usually run into the tens-of-thousands.

Online Training — The Cost Effective Alternative

Of course, costly face-to-face study and post-graduate degrees aren’t the only learning methods available. Online training courses — in all kinds of areas for instance, MYOB, Excel and WordPress — have become popular, not just because of their flexible delivery method, but because online study companies don’t have the same overheads as face-to-face institutions and can offer courses at considerably lower prices — the average cost of an online training course at EzyLearn, for instance, is less than $270!

Although the cap on self-education expenses could do well to be a little higher — $5,000 per person, say — the cap itself won’t deter people from further study; from gaining the power of knowledge. It will only serve as an impetus for individuals and businesses to investigate other non-traditional learning options, such as online study and training methods.

Our Online Courses Below the Cap

For budding entrepreneurs or individuals seeking the skills to start their own business, or to manage a small business, our Small Business Management course is currently only $1,397 — well below the proposed cap.

We have reduced the price of our Small Business Management course, which is usually more expensive, for a limited time to allow you the opportunity to gain the necessary skills you need to start their own business or gain employment managing a small business without exceeding the self-education cap.

Take advantage of this great offer now and enrol in our Small Business Management course; discover the valuable skills you need to successfully manage a small business, including writing a business plan, conducting market research, legal and risk management, and much more!

Posted on

Do you want to see the results of our online MYOB quiz attempts?

Learn how to make the most of MYOB bookkeeping softwareWe’ve made a simple online MYOB quiz available for anyone who wants to test their MYOB bookkeeping skills. It’s a very simple test designed to show people how online knowledge tests work and also have some fun and see how much they know. We did an export of all the results (minus the students details of course) and you can see them in our Microsoft Excel Training Course.

These test results show how long it took students to complete the test, their results, overall score and more and the datafile is available in our Microsoft Excel Course 308 which includes:

Understand 3D formulas between worksheets, cleaning up data using advanced filter, create a pivot table and change the value field settings, create a pivot chart to visually show the stats, using advanced functions like CHOOSE, VLOOKUP, HLOOKUP, MATCH and INDEX, look at advanced functions within functions (Nested Functions) and how to protect the worksheet and workbooks

The knowledge reviews in our online training courses are much bigger and more complicated and they provide us with a great tool to identify areas of difficulty for students and help us constantly update and improve our MYOB training courses.

Posted on 1 Comment

Should we offer MYOB Training Courses to group buying companies?

group-buying-sites-choice-review-discounted-MYOB-training-course
Image from Choice website

We’ve been approached by many different Groupon type companies. There seems to be hundreds of these sites popping up every day and they are famous for offering you almost unbelievable discount coupons for almost anything but most commonly services like pedicures, restaurant and cafe meals etc. We’ve always ensured our prices are competitive and bookkeeping students receive good value for money, but our Training Partners have tried them and we’ll share their opinions with you.

For business owners (or merchants as we are called) group buying sites promote the possibility of receiving hundreds of sales of your product (so you better make sure you can service the demand) but what do they want in return. Here’s a classic scenario:

Normal Price: $200

Group Buying Price: $100

Saving to you: $100

Margin that goes to the Group Buying Site is typically 50% of the discounted price, ie. $50

This means that a merchant that would normally receive $200 for something, will now receive $50! Is it worth it? Then why not just sell it on special for $100 and spend some money advertising it? As you can see, we are pessimistic about the future of group buying sites. Our training partners workface.com.au offered a discount on their Microsoft Excel training courses only to receive a handful of sales.

choice_group_buying_reviewAnd there are hundreds of these group buying sites. See if you can recognise some of these names: Cudo, Groupon, AlltheDeals, Spreets, Living Social, Grabone, BizzBuzz etc. At the beginning of 2011 a local Australian startup in the space was sold for $40M! If you have time read a review by Choice Magazine.

The main reason we don’t like the big group buying sites is because of some of the conditions imposed.

When you buy the discount voucher the group buying site earns the money. Some of the more selfish sites will then only pass this money to the merchant when the customer uses the voucher. In other words, if the  customer doesn’t use the voucher within the “valid period” the merchant earns nothing and the customer loses the benefit!

By the way, I was at a software training function last week and a birdy told me that consumer protection laws might come into affect that provides protection for buyers of these discount vouchers – if you buy a $50 product then you can receive $50 off after the offer period has expired. Watch this space…

As far as discount coupons, we make them available to you. Just tell us what you are looking for in a training course and you’ll automatically receive a discount coupon code for our MYOB, WordPress and Excel training courses.

Posted on Leave a comment

Microsoft Excel Online Training Course: LIFETIME Student Access & Start Tomorrow

Common Questions for Computer Courses

Can I repeat the course if I don’t remember everything that is taught?

This was a common question that came up when we had our three Sydney based training centres. To make it easier for students we offered Free Repeats so that students could come back and learn the skills again. We then created training videos to complement our workbooks and in 2006 we closed our last training centre to focus on Online Computer Training Courses.

Can I start the Microsoft Excel course this week? I have Mondays and Wednesdays available.

This is a question about timing scheduling your calendar for an available course and we overcame this by recording the content of our classroom Microsoft Excel and Office training sessions as screen based videos so that students could come and visit whenever THEY had the time, not when WE scheduled the courses.

Online Microsoft Excel and MYOB training courses

With Broadband Internet and fantastic new learning technology we are able to delivery Microsoft Excel Training to you via our online course. This means you can enrol today and start by 5pm tomorrow. It also means that you can progress through the training course at your own pace using a combination of training video tutorials, training workbooks with exercise files and knowledge reviews to test your skills.

Who uses EzyLearn for Microsoft Excel Online Training courses?

Government departments, insurance companies, private companies and home users all use EzyLearn Online Computer Training courses. We recently interviewed a corporate training customer to find out why and this Case Study reveals how a leading energy reverse auction company, Energy Action, used EzyLearn’s Microsoft Excel training to manage the large amounts of data they receive to save their customers tens of thousands of dollars in energy costs: Energy Action Case Study