Practical Accounts Preparation
Normal Course Fee: £880 + VAT (before discount)
With Discount: £704 + VAT (JustAccountancyJobs Members)
Duration: 8 days
Course Dates:
- 30 August - 8 September 2010
- 13-22 September 2010
Course Objectives:
- To introduce the concepts involved in double-entry book-keeping.
- To explain the method of preparing accounts from a set of books of prime-entry.
- To introduce the basic principles of VAT and PAYE/NIC and to give practical instruction in dealing with control accounts and reconciliations.
Course Outline:
- Analysis and Summary of the Cash Book, Petty Cash Book, Sales Day Book, Purchase Day Book and Wages Book.
- Preparation of Bank Reconciliation.
- Debtors – bad debt provision and debts written off including VAT treatment.
- Reconciliation of all closing balances on Control Accounts.
- Concepts and basic working of VAT.
- Reconciliation of Output per VAT Returns to Turnover.
- Layout and preparation of journal entries.
- Fixed Assets Schedules.
- Identification and calculation of Prepayments and Accruals.
- Stock and other journals.
- Preparation and use of Profit and Loss schedules for common headings.
- Basic analytical review of income and expenses.
- Incomplete Records Trial Balance.
- PAYE, NIC and SSP.
- Drafting of the final accounts.
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