Official ICB Level 2, 3 & 4 with Official Sage Payroll (Level 1 & 2), MS Excel 2013 and Sage 50 2014 - Professional Accounts "Member Level" Package

• Learn the fundamental principles of single and double entry bookkeeping and gain an understanding of how to apply these skills when working with a manual or computerised bookkeeping system. • Learn how to set up a computerised bookkeeping system with any organisation • How to correctly enter financial transactions. • How to produce accurate and up to date reports. • How to apply posting from books of prime entry, transfer posting from source documents to ledger accounts and how to produce an initial trial balance. • The importance of adhering to a set of ethical principles. • How and when it is appropriate to take action in the event of unethical behaviour in the workplace. • The definition and correct application of specific terms including business entity, going historical cost, consistent and prudence and accrual. • The legal requirements and obligations involved in the process of forming a partnership. • How to understand and competently demonstrate different ways of processing VAT for both EU and non-EU transactions. • To understand the different types of VAT management systems including the VAT Margin Scheme. • How to confidently prepare final accounts for most non-incorporated businesses. • Producing a set of accounts for a limited or incorporated body using information from a set of incomplete records. • Preparing and interpreting internal management accounts for incorporated businesses/companies/organisations. • Preparing final accounts for a limited company for internal management purposes. • Producing draft year-end accounts for limited companies and limited liability partnerships. • Adjusting the capital share of partners should there be any modifications to the partnership profit sharing ratio. • Interpreting financial statement by calculating and explaining ratios for profitability and liquidity. • Become proficient in Sage computerised payroll levels 1 and 2. • Master all the functions of popular computerised accountancy software Sage 2014. • Become a proficient user of Microsoft Excel.