Course Description

Learn to prepare and manage accounts for sole traders, registered partnerships and non-profit organisations; in fact, almost any non-incorporated business. The Level III Certificate in Bookkeeping & Accounts will prove you have the knowledge necessary to work as a chartered bookkeeper; either in an employed or self-employed role, and with manual or computerised accounting/bookkeeping systems.

We cover all the topics required under the syllabus and fully prepare you for your final exams, covering:

• Prepare ledger accounts & control accounts
• Reconcile bank statements
• Prepare VAT Returns & reconciliations
• Post year-end adjustments
• Prepare final accounts for non-incorporated businesses

Students should have already completed the Level II Certificate in Bookkeeping & Accounts course (or achieved some equivalent qualification).

Course Content

• Understand the importance of adhering to a code of ethical principles
• Understand when and how to take appropriate action to cope with unethical behaviour
• Understand the legal differences between the structures of various types of businesses
• Understand the main accounting concepts that apply
• Understand the different rules that apply when processing VAT transactions

• Reconcile supplier statements
• Prepare a bank reconciliation statement.
• Use control accounts to reconcile sales and purchase ledgers
• Understand the need to correct errors

• Reconcile the VAT account
• Complete a VAT return

• Calculate depreciation
• Account for the disposal of fixed assets
• Understand the need to allow for adjustments to the accounts

• Prepare a set of final accounts for a sole trader from a given trial balance
• Prepare a set of final accounts for ‘not-for-profit’ organisations
• Prepare a set of final accounts for a partnership

Course Detail