Full Management Accounts Training Course
July 22, 2023 2023-07-22 14:07Full Management Accounts Training Course
Full Management Accounts Training Course
Course Overview
Management Accountants play an important role in the overall progression and performance of the company. They are required to comment and see beyond numbers, predict, foresee and prevent organizations from deviating from there prime goals.
Most Management accountants report to the financial managers by preparing reports and accounts. The management accountants are required to provide a detail report with commentary on figures that helps the managers with the financial information needed to make short-term decisions related to production, operation and investment.
Creating budgets is a huge part of this role – you’ll be responsible for tracking internal costs, as well as driving efficiency and value for money throughout the organization.
Suitable For
The course is suited for aspiring bookkeepers and anyone who wants to start a career in accounting.
- New entrants into the accounting sector
- Learners pursuing accounting qualification
- Candidates with overseas experience
Certification
- CPD Certificate
- Accountancy Practice Certificate
- IAB Certificate
- Xero Advisor Certificate
Course Content
- Sage 2017 v24
- XERO
- Quickbooks
- Capium
- Forbes
- IRIS
- Freshbooks
- VT Software
- Free Agent
(YOU CAN CHOOSE MORE THAN ONE SOFTWARE)
Industries Covered
The training is provided with the relevant industries listed below:
- Construction
- Wholesale
- Retail
- Dental Clinics
- Online Business
- IT
- Solicitor
- Medical
- Surgeries
- Architect & More
Skills You Will Gain
The students will acquire following set of skills after completing this Management Accounts Training Course.
Management Accounts Course
- Management Accounting Profit & Loss
- Management Accounting Balance Sheet
- Management Accounting Report Pack
- Costing Schedules
- Cash Flow Projections
- KPI Summary Reports
Bookkeeping
- Sales Day Book
- Purchase Day Book
- Credit Notes
- Debtor / Creditor Reconciliation
- Petty Cash Reconciliation
- Bank Reconciliation
- VAT Calculation
- VAT Adjustment
Payroll
- Employee Records
- Payments and Deduction
- Basic Pension Schemes
- Pay Elements & Company Reports
- Statutory Payments
- Generating Payslips
- FPS, EPS , RTI Submissions
- Setting up Starters & Leavers
- P32 and HMRC Submissions
Career Path
- Bookkeeper
- Financial Controller
- Junior Accountant Asst.
- Management Accountant Accountant
- Sr Bookkeeper
- Credit Controller
- Finance Manager
- Accounting Clerk
- Accounts Manager
- Budget Analyst
- Payroll Administrator
- Payroll Clerk
- Assistant Controller
- Management Assistant
Work Placement Structure
After finishing your training, you will be given a chance of guaranteed work placement at our offices or at our external client’s offices. The duration is dependent upon the training course you have opted for with us.
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Structure
- Management Accounting: Introduction and Tools.
- Fundamental concepts and knowledge building around the subject.
- Income statement types (Absorption and variable costing).
- Understanding and processing Cost-Volume-Profit analysis.
- Processing and calculating the Pricing tools and making decisions based on results (Target costing).
- Understating various Budgeting techniques (Operational and Financial).
- Job and Process Costing.
- ABC and Sections.
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Training Methodology
Trainees who are seeking roles as management accountants need an understanding of following
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Aims Of The Training
Our trainees come from different academic backgrounds and it is important to collate all the information into a detailed workshop session to bring all the trainees at one page. The payroll workshop includes an introduction to all the HMRC forms, technical aspects, important dates, tax codes and year-end adjustments. It also includes a reference to HMRC website for more up to date knowledge.
- To grasp the main techniques of management accounting for the decision making
- To understand the effectiveness and range of management accounting tools
- To understand the application of these instruments to any new scenarios
- To process, calculate, analyse and evaluate the outcomes of these management accounting models, there causes and effects on the decision making