Course Overview
On completing this qualification you will develop the skills needed for financial processes including accounting principles and concepts, advanced bookkeeping and preparing financial statements. You will also understand business issues regarding payroll and value added tax (VAT) (which may be known by another name in other countries). All of this will be learned in the context of the ethical issues that a bookkeeper may encounter in their professional life.
Units include:-
Financial Accounting: Preparing Financial Statements
Unit covers: - Understanding the accounting principles underlying final accounts preparation, understanding the principles of advanced double-entry bookkeeping, implementing procedures for the acquisition and disposal of non-current assets, preparing and recording depreciation calculations, record period end adjustments, produce and extend the trial balance, produce financial statements for sole traders and partnerships, interpret financial statements using profitability ratios, prepare accounting records from incomplete information.
Tax Processes for Business
Unit covers: - Understanding legislation requirements relating to VAT, calculate VAT, review and verify VAT returns, understand principles of payroll, report information within the organisation.
05/07/23
Entry Requirements
Ideally, students should have one or two GCSE Grades A-C, possibly the AAT Level 2 in Bookkeeping or similar, however, common sense and an aptitude for numbers and estimation are more important. Open to students of all ages
Course Delivery
Tuition is based around classroom delivery face-to-face by highly qualified and experienced members of staff. Examinations are on-line assessments.
Progression Opportunities
Students will be able to progress to and complete the Association of Accounting Technicians AAT Level 3 full qualification. The course also provides a qualification that employers are looking for.
Additional Information
Please ask for details of funding which may be available