city school limited · 2016-01-13 · guide you through the demanding syllabi. 1. there is a...

Tel: +44 (0)20 8677 2284 Mobile: +44 (0)7903 819 741e: [email protected]

www.cityschoolltd.com

CITY SCHOOLLIMITED

Specialist in AccountancyTraining and Education

for Students andProfessionals

CONTENTS

n About City School Ltd . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3n CSL Timetable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3n Terms & Conditions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3

ACCA Foundation Level Qualification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

AAT Courses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5n Diploma in Accounting (AAT Flagship Course)

Introductory Level . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6Intermediate Level . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7Advanced Level . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9

n Advanced level in Taxation & Ethics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11n Bookkeeping and Computerised Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . .13n Computerised Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15n Small business courses and qualification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17n AAT essentials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18n Introductory award in Accounting Skills to run own business . . . . . . . . . . . . . . . .21

Other Coursesn Hands on practical accounting training in Accounts Preparation

using SAGE and VT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22n SAGE Line 50 Bookkeeping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23n Tax Returns, Self Assessments, Partnership and Corporation Tax . . . . . . . . . . . . .23n Spreadsheet for beginners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 n Find Us . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24

n We offer small, friendly classes with a maximum class size of 6. n Students get personal individual attention.n We use qualified lecturers experienced in

the business community

n We offer practical based courses.n Our emphasis is on exam practise and

more exam practise.

n We offer day/evening/Saturday courses.n CSL is an approved AAT centre.

WHY CHOOSE CSL?

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ABOUT CSL

The school has since progressed and has incorporated short courses in Basic Accounting, ComputerisedAccounting including Personal and Business Tax, Sage Payroll and Excel for Accountants.

Engaged on the CSL teaching and training programme are experienced, professionally qualified lecturerswith good teaching and training skills to assist in preparing trainees towards their accounting examinationsand in acquiring computing skills.

Training is held in the evening, at the weekend and one full day a week and day-release. However, othertimes can be arranged on application. Our classes usually start during the second week of January andMarch for the June examinations and in July and September for the December examinations.

Our study schemes enable trainees to plan ahead for the demanding examinations. We make every effortto ensure that maximum class room participation takes place and this involves discussions and writtenwork on as many examinations type questions as possible. Our approach centres on acquisition of basicprinciples, examination question practise, practise and more practise.

CSL was established in 1995 to provide training and education to prospective Accountingtechnicians, Certified Accountants and others who wished to gain knowledge and attaincompetence in the use of various computer Accounting Packages.

CSL TIMETABLE

Our timetable is designed for evening, day release and Saturday courses. Evening lessons start from6:00 to 8:00 PM, Saturday from 10:00 to 2:00.

Day-Release and Evening courses are suitable for students in work who can attend only a limited numberof days in the classroom – e.g. one day per week. Normal hours are 10:00am to 4:00pm

Evening classes are popular among students who are occupied during the day. Classes run from 6:00pmto 8:00pm Monday - Friday.

Saturday lectures are from 10:00am to 2:00pm, designed for students who have difficulty in attendingclasses during the week, and/or for those who require tuition on additional courses.

We strongly recommend that classroom attendance be part of each student’s schedule of studies.Distance learning on its own or going it alone can be too taxing and time consuming without a tutor toguide you through the demanding syllabi.

1. There is a non-refundable registration fee of £80 payable upon registration.

2. To book a place on a course, either the full fee or a minimum deposit of 50% of the total course fee is required.

3. Course cancellations or deferrals must be received in writing at least two weeks prior to the coursecommencement date and administration charges will be incurred.

4. The school reserves the right to dismiss any student at any time for non-payment of fees. No fees will be refundedfor any student dismissed under this section.

5. The school reserves the right to inform sponsors where a student has been removed under this section.

6. All fees include textbooks but exclude revision kits and amounts payable to the professional body for studentregistration, exemptions and examinations entries.

7. Fees are strictly non-refundable once the courses have commenced.

TERMS AND CONDITIONS

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ACCA COURSES

FAST-TRACK TO THE ACCA QUALIFICATION

The Foundation level is the best preparation for theACCA Qualification if you don’t have any otherqualification or experience. Complete the diplomaand you can be automatically transferred onto theACCA Qualification, free of charge, and givenexemptions from the first three exams.

FOUNDATION LEVEL QUALIFICATIONS

Entry requirements

None, it is open access. So if you do not have theentry requirements to start at the ACCAQualification, you can start your studies here.

If you are starting out in accounting andfinance or already working in finance but haveno formal qualifications, you can start yourjourney with ACCA at our foundations level.

FAST AND FLEXIBLE

With computer-based exams available throughoutthe year and paper exams twice a year, you couldcomplete the entire Foundation Diploma and beregistered as an ACCA student in less than 12months. And there’s no time limit for completingthe exams.

EXAM STRUCTURE

The new ACCA Foundation Diploma consists ofseven exams and the Foundations inProfessionalism online module:

FA1 – Recording Financial Transactions

MA1 – Management Information

FA2 – Maintaining Financial Records

MA2 – Managing Costs and Finance

FAB – Accountant in Business

FMA – Management Accounting

FFA – Financial Accounting

AFFORDABLE

You pay for your fees as you go along, so there areno big upfront costs. The foundation Diploma is alower cost alternative to University, and you canstudy and work at the same time. You can betransferred free of charge onto the ACCAQualification once you’ve completed it, with freeexemptions for F1, F2 and F3

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ABOUT AAT

AAT is a well established and respectedAccounting qualification which is globallyrecognised and highly valued by leadingemployers.

ENTRY REQUIREMENTS

There are no minimum entry requirements for theAAT’s Education and Training Scheme, althoughstudents are expected to have a good command ofEnglish and an interest in Mathematics. Studentswith no background or experience in accountancyare advised to commence their studies at theIntroductory Level. The AAT recognises a limitednumber of alternative routes to membership, sothat some students will not need to complete all 3stages of the scheme.

There is a Mature Students’ route directly to theIntermediate level- please contact the AAT for thedetails. A minimum number of units have to becompleted, and the student will be awarded acertificate on reaching a level of competence ineach stage for individual units. (AAT will charge asmall fee). The scheme is flexible and examined bya series of Central Assessments and Skills Tests.

AAT CONTACT DETAILS:

Tel: 020 3735 2400

Twitter: @studyAAT

aat.org.uk/start

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AAT

What will I learn?Basic costingn Understanding an organisation's cost recordingsystem and using it to record or extract data

n Use of spreadsheets to convey information onactual and budgeted income and expenditure

Computerised Accountingn Entering data at the start of an accounting periodto set up customer and supplier accounts

n Recording and processing customer and suppliertransactions

n Recording and reconciling bank and cashtransactions

n Processing and using journals to enteraccounting transactions

n Production of reports (day books, accountactivity, aged analysis, statements or remittanceadvice)

Work effectively in accounting andfinancen Understanding an organisation's accounting orpayroll function

n Using numeracy and literacy cornmunicationskills

n Working independently or in a team to prioritisetasks and manage colleagues' responsibilities

n Understanding ethical values, principles andimportance of confidentiality

n Understanding and explaining benefits toorganisations of sustainable values

Processing bookkeeping transactionsn Understanding double-entry bookkeeping,integrating books of prime entry and describingcoding system functions

n Understanding discounts and settlement tradeand bulk discount differences

n Preparing and processing customer and supplierinvoices and credit notes

n Totalling and balancing a 3-column analysedcash book

n Totalling, balancing and reconciling petty cashrecords within an analysed petty cash book

n Processing ledger transactionsand extracting atrial balance

Control accounts, journals and thebanking systemn Understanding the purpose and use of controlaccounts and journals

n Maintaining and using control accounts and thejournal

n Reconciling a bank statement with the cash bookn Understanding the banking process and mainservices of banks and building societies

n Understanding requirementsof retention andstorage relating to banking documents

How will I be assessed?All AAT assessments are:

– practical computer based assessments (CBAs)

– flexible - so you can sit them anytime of the year

– marked automatically - meaning you get yourprovisional results straight away

– covered by a range of learning methods includingonline tests and reports.

INTRODUCTORY LEVEL - DIPLOMA IN ACCOUNTING

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AAT

At the intermediate level, you'll master morecomplex financial processes, including finalaccounts for sole traders and partnerships,reports and returns and professional ethics.

Who is it for?The intermediate level will suit you if:

– you've completed the introductory accountinglevel and would like to build your skills

– you're already working in finance and you'd likea formal recognition of your skills

– you would like to go onto be an AAT fullmember (MAAT) or study for chartered status.

Top five skills you'll gain:1. Making provisions for doubtful andirrecoverable debts.

2. Reconciling ledgers with the cash book.

3. The importance of professional ethics in theworking environment.

4. Analysing variances.

5. Use of spreadsheets to manage information inthe accounting environment.

How long will it take?From six months, depending on your coursetimetable and study method.

What will I learn?Accounts preparationn Understanding accepted principles ofaccounting and double-entry bookkeeping

n Understanding accounting methods ofrecording non-current assets

n Accounting for purchase of non-current assets

n Accounting for depreciation and adjustments

n Accounting for disposal of non-current assets

n Preparing and exteriding the trial balance

Prepare final accounts for sole tradersand partnershipsn Understanding the process involved inpreparing final accounts

n Preparing accounting records from incompleteinformation

n Producing final accounts for sole traders

n Understanding partnerships' legislative andaccounting requirements

n Preparing a statement of profit or lossappropriation account

n Preparing a financial position statementrelating to a partnership

Costs and revenuesn Understanding an organisation's costingsystems

n Recording and analysing cost information

n Apportioning costs to organisationalrequirements

n Analysing budget deviations and reportingthese to management

n Using information gathered from costingsystems to assist decision making

INTERMEDIATE LEVEL - DIPLOMA IN ACCOUNTING

AAT

Professional ethicsn Understanding principles of ethical working

n Understanding ethical behaviour when workingwith internal and external customers

n Understanding when and how to takeappropriate action following suspected ethicalcodes breaches

n Understanding the ethical responsibility offinance professionals in promotingsustainability

Indirect taxn Understanding VAT regulations

n Completing VAT returns accurately and on time

n Understanding VAT penalties and adjusting forprevious errors

n Communicating VAT information

Spreadsheet softwaren Using a spreadsheet to enter, edit and organisenumerical and other data

n Selecting and using appropriate formulas anddata analysis tools and techniques

n Presenting, formatting and publishingspreadsheet information



– flexible - so you can sit them anytime of theyear


– covered by a range of learning methodsincluding online tests and reports.

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INTERMEDIATE LEVEL - DIPLOMA IN ACCOUNTING continued...

AAT

The advanced level covers financial team leaderskills, including financial statements for limitedcompanies, complex management accountingtasks, management skills and specialist learningareas.

Who is it for?The advanced level will suit you if:

– you've completed the intermediate accountinglevel and would like to build your skills

– you're already working in finance and you'd likea formal recognition of your skills

– you would like to go onto be an AAT fullmember or study for chartered status.

Top five skills you'll gain:1. Drafting and interpreting limited companyfinancial statements.

2. Preparing forecasts of income and expenditure.

3. Preparing draft budgets and revising them asrequired by the business.

4. Managing budgets and reporting variancesback to the business.

5. Reviewing the finance function to identify riskand make recommendations for improvements.

How long will it take?From one year, depending on your coursetimetable and study method.

What will I learn?Financial statementsn Understanding the regulatory frameworkunderpinning financial reporting

n Understanding key features of publishedfinancial statements

n Drafting a limited company's statutory financialstatements

n Drafting consolidated financial statements

n Interpreting financial statements using ratioanalysis

Budgetingn Preparing budgets and income andexpenditure forecasts

n Assessing budgetary impact of internal andexternal factors

n Using budgetary control to improveorganisational performance

Financial performancen Collating and analysing cost information fromvarious sources

n Measuring performance and managing costsappropriately

n Making suggestions for improving financialperformance by monitoring and analysinginformation

n Preparing performance reports formanagement

Internal control and accountingsystemsn Understanding the importance and use ofinternal control systems

n Evaluating the accounting system andidentifying areas for improvement

n Conducting ethical and sustainabilityevaluations of accounting systems

n Making recommendations to improve theaccounting system

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ADVANCED LEVEL - DIPLOMA IN ACCOUNTING

Two options from the following five:

Business taxn Completing corporation tax returns andsupporting computations for incorporatedbusinesses

n Understanding impact of legislation andlegislative changes

n Understanding tax law and its implications forincorporated/unincorporated business

n Understanding capital assets

Personal taxn Calculating income from all sources andidentifying taxable and non-taxable items

n Applying current legislation to calculate taxpayable on income

n Accounting for capital gains tax according tocurrent legislation

n Preparing accurate computations andcompleting relevant parts of self-assessmenttax returns

External auditingn Planning an audit identifying areas forverification and associated risks

n Conducting a supervised audit

n Preparing draft reports for approval

n Understanding auditing principles and legaland professional standards required for anexternal auditor

Cash managementn Using statistical techniques and financialinformation to prepare income and expenditureforecasts

n Preparing cash to monitor an organisation'scash flow

n Managing cash balances effectively

n Investing surplus funds, observingorganisational policies

Credit controln Understanding relevant legislation and impacton credit management

n Using information from various sources togrant customers' credit within organisationalguidelines

n Using a range of techniques for debt collection

n Monitoring and controlling credit supply






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AAT

ADVANCED LEVEL - DIPLOMA IN ACCOUNTING continued...

Once you've progressed through the advancedlevel of the AAT Accounting Qualification, you maychoose to specialise in the taxation field.

This certificate offers the opportunity to focus ontaxation and gain an industry recognisedqualification to underpin your knowledge andskills. This qualification is an optional specialism,you do not have to complete it to be fully qualifiedand progress to AAT full membership.

Who is it for?This qualification will suit you if:

– you're looking to specialise in taxation

– you want to start your own practice

– you're an AAT full or fellow member seekingadditional continuing professional development(CPD).

Top five skills you'll gain:1. Understanding principles of ethical working andethical behaviour when working with internaland external customers.

2. Understanding legislation and proceduresrelating to personal tax.

3. Applying current legislation to calculate the taxpayable on income.

4. Understanding how to treat capital assets.

5. Understanding VAT regulations.

How long will it take?From six months, depending on your coursetimetable and study method.

What will I learn?Professional ethicsn Understanding principles of ethical workingand ethical behaviour when working withinternal and external customers

n Understanding when and how to takeappropriate action following any suspectedbreaches of ethical codes

n Understanding the ethical responsibility of thefinance professional in promoting sustainability

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ADVANCED CERTIFICATE IN TAXATION AND ETHICS

AAT

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AAT

Personal taxn Understanding legislation and proceduresrelating to personal tax

n Calculating income from all sources andidentifying taxable and non-taxable items

n Applying current legislation to calculate the taxpayable on income

n Accounting for Capital Gains Tax according tocurrent legislation

n Preparing accurate computations andcompleting relevant parts of self-assessmenttax returns

Business taxn Preparing the relevant pages of a tax return foran unincorporated business and producing thecomputations to support this

n Completing Corporation Tax returns andsupporting computations for incorporatedbusinesses

n Understanding the impact of legislation andlegislative changes

n Understanding tax law and its implications forincorporated and unincorporated businesses

n Understanding how to treat capital assets

Indirect taxn Understanding VAT regulations

n Completing VAT returns accurately and in atimely manner

n Understanding VAT penalties and makingadjustments for previous errors

n Communicating VAT information


– practical computer based assessments (CSAs)




ADVANCED CERTIFICATE IN TAXATION AND ETHICS continued...

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AAT BOOKKEEPING AND COMPUTERISED ACCOUNTING

AAT

Good bookkeeping and computerised accounting arekey functions at the heart of every business.

These separate but interlinked qualifications providethe essential skills and understanding you'll need toforge a career in either discipline - or theprofessional qualifications to back up and developyour existing skills.

Covering three levels, both AAT Bookkeeping andComputerised Accounting look at the systems,processes and analytical skills that are crucial to thebookkeeping profession.

How long will it take?You will spend between six weeks and six monthson each level of AAT Bookkeeping.

What will I learn at each level?INTRODUCTORYIntroduction to bookkeepingn Understanding the job role and career path for abookkeeper

n Understanding different types of businessorganisations

n Knowing the terminology used in bookkeeping

Working within bookkeepingn Understanding single-entry bookkeeping

n Knowing the general principles of VAT

n Understanding what is meant by both cash andcredit transactions

n Understanding the principles of coding and batchcontrol

n Understanding how to process information in thebooks of prime entry (excluding the journal)

n Understanding responsibilities when working in abookkeeping environment

Bookkeeping and accountsn Knowing how to complete financial documents

n Recording cash and credit transactions in booksof original entry

n Preparing bank reconciliation

n Understanding the petty cash imprest system

n Extracting a trial balance from ledger accounts


n Using appropriate formulas and tools tosummarise and display spreadsheet information

n Selecting and using appropriate tools andtechniques to present spreadsheet informationeffectively

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AAT

INTERMEDIATEProcessing bookkeeping transactionsn Understanding double-entry bookkeeping,integrating books of prime entry and describingcoding system functions

n Understanding discounts and settlement, tradeand bulk discount differences

n Preparing and processing customer and supplierinvoices and credit notes

n Totalling and balancing a 3-column analysedcash book

n Totalling, balancing and reconciling petty cashrecords within an analysed petty cash book

n Processing ledger transactions and extracting atrial balance

Control accounts, journals and thebanking systemn Understanding the purpose and use of controlaccounts and journals

nMaintaining and using control accounts and thejournal

n Reconciling a bank statement with the cash book

n Understanding the banking process and mainservices of banks and building societies

n Understanding requirements of retention andstorage relating to banking documents

ADVANCEDProfessional ethicsn Understanding principles of ethical working


n Understanding when and how to take appropriateaction following suspected ethical codesbreaches

n Understanding the ethical responsibility of financeprofessionals in promoting sustainability

Accounts preparationn Understanding accepted principles of accountingand double-entry bookkeeping

n Understanding accounting methods of recordingnon-current assets

n Accounting for purchase of non-current assets

n Accounting for depreciation and adjustments

n Accounting for disposal of non-current assets

n Preparing and extending the trial balance

Prepare final accounts for sole tradersand partnershipsn Understanding the process involved in preparingfinal accounts

n Preparing accounting records from incompleteinformation

n Producing final accounts for sole traders

n Understanding partnerships' legislative andaccounting requirements

n Preparing a statement of profit or lossappropriation account

n Preparing a financial position statement relatingto a partnership


n Selecting and using appropriate formulae anddata analysis tools and techniques




– flexible - so you can sit them anytime of the year


– covered by a range of learning methods includingonline tests and reports.

AAT BOOKKEEPING AND COMPUTERISED ACCOUNTING continued...

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COMPUTERISED ACCOUNTING

AAT

Stay on top of the newest accounting technology.Over three levels, develop the confidence to carryout everything from the routine through toadvanced tasks on computerised accountingsoftware.

Who is it for?AAT Computerised Accounting will suit you if:

– you're a practising or part-qualified bookkeeperwho already has a basic knowledge of manualbookkeeping

– you're already working in finance and you'd likeformal recognition of your skills

– you're looking for new finance administrationskills to enhance your career prospects

– you own a small business and want a basicunderstanding of computerised accounting.

Key skills you'll gain at each level:1. Introductory: how to create accounts, processaccounting information, understand batchcontrol sheets and produce accounting reports.

2. Intermediate: how to use a computerisedaccounting system to enter accountingtransactions, perform reconciliations, correcterrors and generate a range of reports.

3. Advanced: how to set up master data, processadvanced accounting transactions and developadvanced spreadsheet software skills.

How long will it take?– Introductory level: 6 - 8 weeks

– Intermediate level: 6 weeks

– Advanced level: 12 weeks

Exact timescales will depend on your coursetimetable and study method.

What will I learn at each level?INTRODUCTORYComputerised accountsn Creating accounts using computerisedaccounts software

n Processing accounting information usingsoftware

n Understanding how to use batch control sheets

n Producing reports using computerised software


n Using appropriate formulas and tools tosummarise and display spreadsheetinformation


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AAT

INTERMEDIATEComputerised accountsEntering accounting data at the beginning of anaccounting period

n Recording customer transactions

n Recording supplier transactions

n Recording and reconciling bank and cashtransactions

n Using journals to enter accounting transactions

n Producing reports

nMaintaining the safety and security of dataheld in the computerised accounting system

ADVANCEDComputerised accountsn Setting up master data on a computerisedaccounts software package

n Processing accounting transactions on acomputerised accounts software package

n Understanding how to process adjustments

n Understanding how to process period endadjustments

n Selecting and printing accounting reports formanagement purposes


n Selecting and using appropriate formulas anddata analysis tools and techniques


Professional ethicsn Understanding principles of ethical working


n Understanding when and how to takeappropriate action following suspected ethicalcodes breaches

n Understanding the ethical responsibility offinance professionals in promotingsustainability






AAT BOOKKEEPING AND COMPUTERISED ACCOUNTING continued...

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AAT

Much of modern business depends on being ableto understand, interpret and communicate keyfinancial information. AAT's small businesscourses and qualifications ensure you'reequipped with the vital knowledge andunderstanding to do just that.

Whether you're looking for an overview for yourjob role or to help you set up a business, AAT'ssmall business courses and qualifications willprovide you with the rounded understanding youneed to flourish.

Developed to meet the fast-paced andchallenging demands of today's workplace, thesecourses and qualifications will put you on thefront foot - ensuring everyday finance doesn't getthe better of you and you get the best out of yourbusiness.

What small business courses andqualifications are available?AAT EssentialsDeveloped for business people without anaccounting and finance background, these oneday courses cover key financial processes

including:

n Budgeting for the small business - planningand control

n Finance for non-financial managers

n Managing cash flow, keeping your businesshealthy

n Making sense of financial documents

Accounting Skills to Run Your Business

Ensure you're well equipped to run a healthy andfinancially secure business with this shortqualification for small and medium sized businessowners.

How long will I study? These qualifications and courses are the perfectoption if you're looking for time-effective training.You can study either an AAT Essentials one daycourse or the slightly longer Accounting Skills toRun Your Business, which takes approximatelyfour weeks.

SMALL BUSINESS COURSES AND QUALIFICATIONS

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AAT

Perfect if you're short on time and need cost-effective finance training to cover the basics, theseone day courses will help you to understand andapply key financial processes in your work.

Who is it for?These one day courses are ideal if you're from anon-financial background and:

– need a basic grounding in key financialdocuments and processes

– are looking to put simple budgeting in place tomake informed financial and budgetingdecisions

– are involved in the financial security of yourbusiness and need to improve how you managethe inflow and outflow of cash.

How long will you study?Each course lasts a full day.

How will I be assessed?

There's no assessment but you will be awardedwith a certificate upon completion.

What will I learn?BUDGETING FOR THE SMALLBUSINESS - PLANNING AND CONTROLPrepare budgets, make informed budgetingdecisions and effectively communicate financialinformation.

Why budget?n What a budget is and when to budget

n Why businesses complete budgets

Operational budgetsn Component parts of an operational budget

n Sources of information for figures

n Factors that influence figures

n The scope of an operational budget

n How to calculate figures

Cash flow budgetsn Component parts of a cash flow budget

n What a cash flow budget looks like

n Sources of information for figures

n Factors that influence figures

n How to calculate figures for a cash flow budget

Using budgets to manage and control

the businessn The budgeting process

n The importance of completing budgets

n How to use budgets

AAT ESSENTIALS - COURSES

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AAT

AAT ESSENTIALS - COURSES

FINANCE FOR NON-FINANCIALMANAGERSUnderstanding financial documents, analysingfinancial performance and managing budgets.You'll also gain a basic grounding in key financialdocuments and processes.

Understanding the income statementaccount and statement of financialpositionn What is included in a statement of financialposition and an income statement account

n The differences between the two financialstatements

Using information from the incomestatement account and statement offinancial positionn How to interpret information from an incomestatement account and statement of financialposition

n Ratio analysis

n How to interpret using ratio analysis

n The limitations of ratio analysis

Controlling cashn Why cash doesn't equal profit

n What you can do to ensure there's sufficientcash within the business

Using budgets to manage businessactivityn How budgets help with daily businessmanagement

n How to interpret information in a budget

MANAGING CASH FLOW, KEEPINGYOUR BUSINESS HEALTHYImprove your effectiveness at managing the inflowand outflow of cash, helping to protect thefinancial security of your business.

Cash and the cash budgetn Why cash is important in a business

n Timing of cash flows

n Importance of estimating likely cash flowspattern

n How to prepare a cash budget

Monitoring and controlling cash flowsn How to use the cash budget

n Importance of comparing budgeted and actualcash flows

n Possible reasons for differences andsubsequent actions that can be taken

Cash flow and credit customersn The risks of giving credit to customers

n How to assess the creditworthiness ofcustomers

n How to guard against non-payment by creditcustomers

n Strategies to deal with late payers

MAKING SENSE OF FINANCIALDOCUMENTSUnderstand the purpose of everything frominvoices though to bank reconciliations. Learn howto keep records that will have you workingeffectively, and keep your accountant and the VATinspector happy.

Customer documentation and recordsn Raising sales invoices from a range of sourcedocuments

n Raising sales credit notes

n Keeping a sales day-book and customeraccounts

n Preparing customer statements

n Dealing with receipts from customers, tradeand bulk discount

Supplier documentation and recordsn Purchase invoices and credit notes againstsource documents

n Keeping a purchases day-book and supplieraccounts

n Checking supplier statements

n How to deal with payments to suppliers

Recording receipts and payments in thecash book, and checking bank activitiesn Recording amounts received and paymentsmade in the cash receipts book

n How to calculate the bank balance

n Checking and updating the cash receipts bookand cash payment book

n How to reconcile the bank balance on the bankstatement with the bank

n Balance according to the cash receipts bookand cash payment book

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AAT

AAT ESSENTIALS - COURSES continued...

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AAT

The ideal short introduction to finance, thisqualification will ensure you're well equipped torun a financially secure business.

You'll find out how to manage a healthy cashflow, gain an in-depth knowledge of financialdocuments and learn how to work moreeffectively with your accountants.

Who is it for?This qualification will suit you if:

– you need basic knowledge of accounting andfinance to run your business

– you've recently started a new business oryou're planning to start one.

Top five skills you'll gain:1. How to prepare budgets.

2. How to interpret financial informationeffectively.

3. How to understand key financial documents.

4. How to manage cash flow more effectively.

5. How to protect the financial security of yourbusiness.

How long will it take?Four weeks or less, depending on your coursetimetable and study method.

What will I learn?Budgeting for the small business -planning and controln Understanding why there is a need to budget

n Understanding operational budgets

Managing cash flow, keeping yourbusiness healthyn Understanding cash and the cash budget

n Understanding how to monitor and controlcash flows

n Understanding the relationship between cashflow and credit customers

Understanding financial documentsn Processing financial documents to creditcustomers and from credit suppliers

n Understanding the income statement account

n Understanding the statement of financialposition

Sole traders, partnerships and limitedcompanies - notification and essentialprinciplesn Understanding how sole traders andpartnerships notify their liability and theconsequences of non-compliance to incometax and national insurance contributions

n Understanding the.VAT return submissionprocess

How will I be assessed?You will sit a single computer based assessment(CBA) at the end of your course. This will bemarked automatically meaning you'll get yourprovisional results straight away.

INTRODUCTORY AWARD IN ACCOUNTING SKILLS TO RUN YOUR BUSINESS

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OTHER COURSES

HANDS-ON PRACTICAL ACCOUNTANCY TRAININGIN ACCOUNTS PREPARATION

A must-have knowledge for all students of Accounting

Students are given hands-on practical training inAccounts preparation from the Trial Balance tostatutory accounts.

This is not a theoretical or textbook course.

Who is it for?It is for those who are studying for an accountingqualification or have finished their studies,(professional qualifications or degree) but havenever worked in an accounting environment. Noknowledge is assumed and starts from scratch.

NOTE: This course is divided into three parts asfollows:

What You will learn:1) Part In Sage Line 50n VT Bookkeeping

2) Part IIn Accounts preparation from Trial Balance

- Opening Trial Balance- Explaining the importance of coding inAccounts preparation.

- Importing Trial Balance from Sage Line 50- Further Journals in Final Accounts preparation- Accounts and Prepayments and cut-offprocedures

- Trial Balance - Profit and Loss Account and Balance Sheet- File building – how to build an audit file forPartner/Manager Review

- How to reference the file to facilitate its reviewn Building and referencing accounts file for

partners review

3) Part III n Corporation Tax

Duration of the course: 6 Months. Cost £2000

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BOOK-KEEPING. SAGE LINE 50 AND VT

Who is it for?The course is relevant for those who want to gainan understanding of computerised accounting andhow to use it to record the book-keeping of abusiness.

What You will learn:1. Computerised Accounting.

2. Installation and set-up of a company.

3. A clear understanding of Account Codes incomputerised accounting.

4. Entering Opening balances.

5. Posting Sales and Purchases, invoices andReturns.

6. How to create an invoice on the computer andposting it.

7. Posting Bank transactions.

8. Bank Reconciliation.

9. Nominal Ledger.

10. Journal Adjustments.

11. Accruals/Prepayment.

12. Trial Balance.

13. Profit & Loss and Balance sheet.

14. VAT Returns.

15. Reports – Run through options available:- Aged Debtors- Aged Creditors- Nominal Ledger Report

Duration of the Course: 6 weeksCost £500

n Using a spreadsheet to enter, edit and organisenumerical and other data

n Using appropriate formulas and tools tosummarise and display spreadsheet information


OTHER COURSES

SELF ASSESMENT / PERSONAL TAX:n Personal Detailsn Earned Incomen UK Savings and Investmentsn Foreign Incomen Other Incomen Capital Gainn Relievesn Payments and Repay overheads n Tax Return and Computations

Duration of the course: 2 weeksCost £500

BUSINESS TAXn Standard Accounts information

- Adjusted profit computationn Capital Allowances - Allowances / Chargesn Proprietor details - Client code

- Name and address- Unique Tax Reference- NI number

n Business details - Period details- General details- Tax details

Duration of the course: 2 weeksCost £500

TAX COMPUTATIONS / RETURNS

SPREADSHEET FOR BEGINNERS

342 Streatham High Road, London SW16 6HH, EnglandTel: +44 (0)20 8677 2284 Mobile: 07903 819 [email protected] www.cityschoolltd.com

CSL is located in Streatham, South West London. We are just one minute’s walkfrom Streatham main line railway station, as well as being situated on a mainroad, served by a number of convenient bus routes (60, 109, 118, 133, 159,250). There are many stores, restaurants, supermarkets and local leisure centreswithin close proximity of the school.

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