Learn how to apply the principles of advanced double-entry book-keeping; implement procedures for the acquisition and disposal of non-current assets, prepare and record depreciation calculations; record period end adjustments; produce and extend the trial balance.
Final Accounts Preparation
Distinguish between the financial recording and report requirements of different types of organisation; explain the need for final accounts and the accounting and ethical principles underlying their preparation; prepare accounting records from incomplete information; product accounts for sole traders and partnerships; recognise the key differences between preparing accounts for a limited company and a sole trader.
Management Accounting: Costing
Understand the purpose and use of management accounting within an organisation; apply techniques required for dealing with costs; apportion costs according to organisational requirements; analyse and review deviations from budget and report these to management; apply management accounting techniques to support decision making.
Understand and apply VAT legislation requirements; accurately complete VAT returns and submit them in a timely manner; understand the implications for the business of errors, omissions and late filing and payment; report VAT-related information within the organisation in accordance with regulatory and organisational requirement.
Ethics for Accountants
Understand the need to act ethically; understand the relevance to the accountant’s work of the ethical code for professional accountants; recognise how to act ethically in an accounting role; identify action to take in relation to unethical behaviour or illegal acts.
Learn spreadsheet skills to a good business standard. This will enable you to create spreadsheets, enter data, formulas and functions, create charts and more.
Microsoft Excel Expert
Learn advanced spreadsheet skills, covering areas such as importing and exporting data, creating and using templates, linking workbooks, data management, using analysis tools and pivot tables.