Features
- Understanding the accounting framework
- Financial reporting standards
- Accounting policies and procedures
- Record-keeping
- Year-end procedures
- Audit and review procedures
This 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.
For Final Statutory Accounts preparation/ year end, a wide range of software is used. Some examples include Tax filer by (IRIS), SAGE Accounts Production Advanced, VT Accounts Production, DIGITA by (Reuters Thompson), and others.
Professional Careers Training and Recruitment offer Best Online Final Statutory Accounts Training in the UK:
The Final Statutory Accounts Course covers the following topics
- Final Control Accounts completion and first trail balance.
- Client and Initial Trail Balance Posting.
- Using multiple finalization software when navigating.
- Adding a new customer and making changes to the client database.
- Data from the client, including current year and comparative data, posting.
- Lead schedules, the trial balance, the general ledger, and the audit trail are all reports on working papers.
- Using documents and uploading data effectively, including “Copy Document”.
- “Disclosure data” entry; based on IFRS, FRS 102, 105, and other applicable standards.
- Utilizing Reporting Option.
- Enhanced notes and reports can be produced using Report Pad formatting.
- The creation of interim and final financial statements.
- Completing and comprehending conformity with corporate policies.
- Annual process.
- Creating shortened company accounts.
- Completing the accounting and creating the company’s final file for partner review.
Final Statutory Accounts Course Benefits
- Candidate will able to prepare financial statement by analyzing 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).
- 1-2-1 training with ACCA qualified Chartered Accountants & CPD approved Trainer’s support.
- Software support & installation.
- 24*7 Access to online resources, including video tutorials and case studies.
