Online Accounts Assistant Training- Level 3 Diploma in Accounting - Jobs and Recruitment on reed.co.uk, the UK's #1 job site

Online Accounts Assistant Training- Level 3 Diploma in Accounting

£497.50

Designed to give learners the knowledge and skills required to carry out advanced period end bookkeeping and accounting routines, both manually and using a computerised accounting package, and also to effectively manage the cash balances of a business. The qualification is made up of: 2 – Online Knowledge Test 3 – Online Assignments 2 – Examinations Key information: 205 GLH (Guided Learning Hours) 495 hours TQT (Total Qualification Time)

Description

Accounting and finance_Accountancy

Description

This qualification is made up of the following units:

Principles of manual and computerised accounting – T/616/7758

  • Understand the purpose of accounting concepts and standards, and recognise the qualitative characteristics of financial information
  • Understand the basics of bookkeeping and accounting
  • Understand terms used in accounting
  • Understand the purpose of VAT Accounts and the VAT return
  • Understand the process of accounting for a stock valuation
  • Understand the process of accounting for fixed assets
  • Understand the process of accounting for prepayments and accruals
  • Understand the process of accounting for bad and doubtful debts
  • Understand the purpose of a trial balance and a suspense account
  • Understand the purpose of financial statements
  • Understand the purpose of the extended trial balance
  • Understand the principles of accounting for partnerships
  • Understand the process of accounting from incomplete records
  • Understand the principles of accounting for not for profit organisations
  • Understand the purposes of budgeting

Make accounting adjustments – Y/508/5866

  • Account for a stock valuation
  • Account for fixed assets
  • Account for prepayments and accruals
  • Account for bad and doubtful debts

Prepare financial statements from double entry records for sole traders and partnerships – D/508/5867

  • Prepare a trial balance and correct errors
  • Prepare financial statements for a sole trader
  • Prepare an extended trial balance
  • Prepare financial statements for a partnership

Prepare financial statements from incomplete records for sole traders and not for profit organisations – H/508/5868

  • Calculate capital or accumulated funds from incomplete data
  • Account for receipts and payments from incomplete records
  • Prepare financial statements from incomplete records

Principles of cash management – H/616/7769

  • Understand how the external environment impacts on how a business manages its cash assets
  • Be able to make informed decisions regarding the management of the cash balances of a business
  • Understand the range of accounting and other business techniques used to improve the efficiency of cash management within a business

Manage cash effectively – Y/616/7770

  • Prepare forecasts of income and expenditure for a business for a given period of time
  • Use forecasts to monitor a business’s cash flow
  • Use a business’s cash balances effectively

Use a computerised accounting package – D/508/6629

  • Set up a computerised accounting system
  • Enter business transactions
  • Prepare and post journal entries
  • Account for a stock valuation
  • Account for fixed assets
  • Account for prepayments and accruals
  • Account for bad and doubtful debts
  • Make end of period adjustments
  • Amend the chart of accounts and generate reports