Do You Want to Have a More In-Depth Understanding of Your Business’s Finances?
Accounting & Finance Knowledge
Developing your Accounting & Finance knowledge can help you to develop and grow your business significantly. We provide our training services to businesses and individuals in Buckshaw Village, Leyland, Chorley and the surrounding areas.
At ANY Accounting & Bookkeeping Services Ltd we can offer a range of training, covering various levels of accountancy allowing you to have a comprehensive understanding of your business. This can include:
- Introduction to Cloud Accounting
- Introduction to payroll
- Budgeting for small businesses
- Finance for non-finance managers
- Managing cash flows
- Making sense of financial documents
At ANY Accounting and Bookkeeping Services Ltd, we have a dedicated training team of fully qualified teachers, who can deliver a wide variety of Accounting Qualifications to suit your business and employees needs. This includes courses in levels 2, 3 and 4 Accountancy Qualifications.
Level 2
- Understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions
- Preparing and processing customer and supplier invoices and credit notes
- Processing ledger transactions and extracting a trial balance.
- Understanding the purpose and use of control accounts and journals
- Maintaining and using control accounts and the journal
- Reconciling a bank statement with the cash book
- Understanding an organisation’s cost recording system and using it to record or extract data
- Entering data at the start of an accounting period to set up customer and supplier accounts
- Recording and processing customer and supplier transactions
- Recording and reconciling bank and cash transactions
- Processing and using journals to enter accounting transactions
- Production of reports
Level 3
- Understand accounting methods of recording non-current assets
- Preparing and extending the trial balance
- Understand the process involved in preparing final accounts.
- Preparing accounting records from incomplete information.
- Producing final accounts for sole traders and partnerships.
- Understanding an organisation’s costing system.
- Recording and analysing cost information.
- Apportioning costs to organisational requirements.
- Analysing budget deviations and reporting these to management.
- Using information gathered from costing systems to assist decision making.
- Understanding principles of ethical working
- Understanding ethical behaviour when working with internal and external customers.
- Understanding when and how to take appropriate action following suspected ethical code breaches.
- Understanding the ethical responsibilities of financial professionals in promoting sustainability
- Understand VAT regulations.
- Completing VAT returns accurately and on time.
- Understanding VAT penalties and adjusting for previous errors.
Level 4
- Understanding the regulatory framework underpinning financial reporting
- Understanding key features of published financial statements
- Drafting a limited company’s statutory financial statements
- Drafting consolidated financial statements
- Interpreting financial statements using ratio analysis
- Preparing budgets and income and expenditure forecasts
- Assessing budgetary impact of internal and external factors
- Using budgetary control to improve organisational performance
- Collating and analysing cost information from various sources
- Measuring performance and managing costs appropriately
- Making suggestions for improving financial performance by monitoring and analysing information
- Preparing performance reports for management
- Completing corporation tax returns and supporting computations for incorporated businesses
- Understanding impact of legislation and legislative changes
- Understanding tax law and its implications for incorporated / unincorporated business
- Understanding capital assets
- Calculating income from all sources and identifying taxable and non-taxable items
- Applying current legislation to calculate tax payable on income
- Accounting for capital gains tax according to current legislation
- Preparing accurate computations and complete relevant parts of self-assessment tax returns
