Overview
Accounts Preparation is a statutory obligation on all Corporations and is part of the Year-End Processes, the sole purpose of which is to ensure that the Financial Statements (Profit & Loss, Balance Sheet and possibly others) are Reported to the Financial Authorities namely (Companies House & HMRC) as per the relevant Financial Standards such as (Financial Reporting Standards FRS102, FRS105 IFRS). Companies House and HMRC allows the use of commercial software to be used for this purpose.
The VT Accounts suite was first launched in 1997 and rapidly became popular.
VT’s position as one of the leading accounts production package vendors was demonstrated by a series of surveys by the Institute of Chartered Accountants in England and Wales. The last survey in 2011 found both VT Final Accounts and VT Transaction+ to be the best performing products in their respective categories.
The solutions provided by VT Accounts Production includes the following, prepare & customise Monthly Management and Statutory Year-End Accounts for Sole Traders, Partnerships, Limited Companies, Micro-Entities, Groups, Limited Liability Partnerships, Charities, Pensions & Farms.
WHO IS IT FOR
VT Accounts Production is aimed at Accountants, Aspiring Accountants and students who are studying towards (ACCA Finalists), ACA, CIMA, AAT Level 4 and FIA etc. Self Employed Accounting Practitioners looking to have a small portfolio of Accounting clients.
CONTENT
- Initial Trail Balance and completing the final control accounts on VT Accounts Production
- Posting client and initial trail balance on VT Accounts Production
- Navigating your way around the VT Accounts Production
- Creating a client and amending the client database
- Posting of client’s data, including current year and comparative data
- Working paper reports including lead schedules, trial balance, general ledger and audit trail
- Working efficiently with documents and posting of data, including “Copy Document”
- Entering “Disclosure data”; As per FRS 102 and other relevant standards
- Working with Reporting Options
- Report Pad formatting – producing enhanced notes and reports
- Producing draft and final financial statements
- Completing and understanding the compliance as per company’s house
- Year-end process
- Making Abbreviated accounts of the company
- Finalizing the accounts and making the final file of the company for partner review
- Learning how to do filing and making indexes of the company final accounts file
SUITABLE JOB ROLES
- Management Accountant
- Tax Accountant
- Financial Accountant
- Accountant
- Finance Manager
- Financial Analyst
FUTURE BENEFITS
- Practical Training with ACCA qualified Accountant
- Certifications
- Work Experience
- Complete Recruitment Support
RECRUITMENT SUPPORT
Once you finish your training, you will be provided with complete recruitment support which includes.
- Work Experience
- CV preparation
- Job Search for the candidate
- Interview Preparation
- Reference