Overview
This course is part of our Accounts Assistant Training. You will get a coequal regulated qualification with it. The Accounts Assistant training is the most successful training that we provide, with learners gaining practical experience and know-how of all the accounting software. Suitable for learners looking to enhance their understanding of financial record keeping and accounting using Sage accounting software.
Qualification
Level 3 Certificate in Computerised Accounting for Business (QCF)Awarded by the International Association of Bookkeepers
Course Description
Software included: Sage, Xero, Quickbooks and Excel
Principles of advanced Computerised Accounting
- Understand the purpose of accounting concepts and standards, and recognise the qualitative characteristics of financial information
- Understand the basics of computerised accounting
- Understand the terms used in accounting
- Understand the purpose of VAT accounts and the VAT return
- Understand the process of accounting for a stock valuation
- Understand the process of accounting for the fixed assets
- Understand the process of accounting for prepayments and accruals
- Understand the process of accounting for bad and doubtful debts
- Understand the purpose of a trial balance and a suspense account
- Understand the purpose of financial statements
- Understand the principles of accounting for partnerships
- Understand the purpose of budgeting
Principles of Cash Management
- Understand how the external environment impacts on how a business manages its cash assets
- Be able to make informed decisions regarding the management of the cash balances of a business
- Understand the range of accounting and other business techniques used to improve the efficiency of cash management within a business
Manage Cash Effectively
- Prepare forecasts of income and expenditure for a business for a given period of time
- Use forecasts to monitor a business’s cash flow
- Use a business’s cash balances effectively
Computerised Accounting Package
- Set up a computerised accounting system
- Enter business transactions
- Prepare and post journal entries
- Account for a stock valuation
- Account for fixed assets
- Account for prepayments and accruals
- Account for bad and doubtful debts
- Make the end of period adjustments
- Amend the chart of accounts and generate reports
Who is this course for?
The IAB Level 3 Certificate in Computerised Accounting for Business (RQF) qualification is specifically targeted at learners who want to prepare final accounts for a small or medium size business, and use financial information to plan and control a business. Such learners are likely to fall within the following groups:
- Learners already in employment with a sound knowledge of double-entry bookkeeping and a working knowledge of the use of computerised accounting systems who want to formalise their knowledge and skills by gaining a recognised accredited computerised accounting qualification.
- Self-employed practitioners with a sound knowledge of double entry bookkeeping and a working knowledge of the use of computerised accounting systems who wish to formalise their knowledge and skills by gaining a recognised accredited computerised accounting qualification.
- Owners of small businesses with a sound knowledge of double-entry bookkeeping and a working knowledge of the use of computerised accounting systems who wish to formalise their knowledge and skills by gaining a recognised accredited computerised accounting qualification.
Requirements
No formal entry requirements
Career Path
Start working as an Accounts Assistant
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