Financial Accounting

The course is ideal for university and college graduates, part qualified and qualified Accountants looking to gain practical accountancy experience.

The course is undertaken by fully qualified accountants and the experience gained will count towards practical experience requirements for candidates pursuing professional courses.

What’s included in the training?

• All aspects of bookkeeping

• Generating working papers

• Nominal ledger review and adjustments

• Reconciling sales account

• Fixed assets Register

• Fixed asset accounting and depreciation journals

• PAYE reconciliation and wage journals

• Journals and period end adjustments (accruals, prepayments)

• Bad debts provision

• Prior Period adjustments

• Accounting for loans and loan a/c reconciliation

• Accounting for hire purchase agreements

• Trade creditors analysis

• Business property income and expense analysis

• Managing cash accounts

• Generating extended trial balance

• Final accounts (Profit & loss balance sheet and notes to the accounts)

• Year end procedures

• Preparing for audits

• Financial analysis and interpretation

• Budgets and projections

• Director loan accounts

• Corporation tax computation and form CT 600

• Personal tax computation and form SA 100

Note:

• The training includes the use of popular accounting packages such as SAGE, QuickBooks, and Microsoft Excel

Course Requirements

• To enrol on this training program, candidates must have a formal accounting qualification.