Features
- It provides a comprehensive understanding of how to prepare financial statements for a company
- The training emphasizes practical application, giving learners hands-on experience in preparing financial statements and tax returns.
- It helps ensure compliance with legal and regulatory requirements for financial reporting and tax payments.
- The training offers professional development opportunities for individuals who work in finance or accounting, helping to expand their skillset and knowledge base.
- Understanding final accounts with corporation tax helps business owners and decision-makers make informed decisions about their company's financial health and tax liabilities.
- By teaching learners how to properly calculate and report corporation tax liability, final accounts with corporation tax training helps ensure accuracy in financial reporting
This Final Accounts training is mainly dedicated for Accounts Assistants wishing to advance their careers, Aspiring Accountants, and students pursuing (ACCA Finalists), ACA, CIMA, AAT Level 4, FIA and others. Businesses and Sole Traders are required by law to prepare their accounts and comply with tax laws. As such, accounts preparation and tax compliance are a part of the year-end processes, and their primary objective is to make sure that the financial statements (profit & loss, balance sheet, all tax returns CT600, SA100, SA101, SA102, and possibly others), as well as confirmation statements and possibly others, are reported to the accounting regulators, Companies House & HMRC, in accordance with the appropriate regulations.
Professional Careers Training and Recruitment offer Best Final Accounts Training in the UK:
- Income Statement (Profit and Loss Statement)
- Balance Sheet (Statement of Financial Position)
- Components of the Balance Sheet: Assets, Liabilities, Equity
- Classification of assets and liabilities: current and non-current
- Purpose and importance of the Cash Flow Statement
- Operating, investing, and financing activities
- Statement of Changes in Equity
- Understanding changes in equity over time
- Contributions from shareholders and distributions to shareholders
- Financial Ratios and Analysis
- Liquidity ratios: current ratio, quick ratio
- Limitations and Interpretation of Final Accounts
- Factors influencing financial statements
- Recognizing accounting policies and estimates
- Reporting Standards and Regulations
- Case Studies based on real- client data
- Analyzing real-world financial statements
- Identifying trends, strengths, and weaknesses
- Using Financial Statements for Decision-Making
- How stakeholders use final accounts to make decisions
- Investment decisions by shareholders and potential investors
- Credit decisions by creditors and lenders
- Candidate will able to prepare Financial statement by analysing profit & loss, balance sheet, all tax returns CT600, SA100, SA101, SA102, and possibly others.
- Gain practical skills to apply in real-world scenarios
- Learning Accounting Software (Tax Filer, SAPA)
- Improve your employability with a recognized certification
- Enhance your career prospects in finance, accounting, or business
- Access to ongoing support and professional development opportunities