Get all the basics of accounting you need for free.
With a just few weeks of comprehensive training, you can get acquainted with the basic skills required to enter the exiting field of Business Accounting. Get a sense of daily work-life as an Accountant before you get the job! Apply with your CV on email@example.com with the subject line “Application for Accounting Academy” by 19th of June 2019.
1 – 12 July 2019
Task 1 – Financial accounting
In this exercise the trainees are given a list of transactions that needs to be booked. The students will learn and choose whether the transactions would be recorded. These figures will be used as base for the next tasks.
Task 2 – Financial Reports
The objective of this exercise is for the candidate to gain an understanding of the Profit and Loss Statement and the Balance Sheet. The candidate is provided with a template that makes the task relatively simple to workout. Reports should be constructed and contain the transaction from Task 1.
Task 3 –VAT Reports
A VAT report supports the VAT Return process by listing all of the information related to a company’s input and output VAT and calculating the overall amount of VAT the business should pay or reclaim from the authorities. In this exercise using the information from Task 1 and Task 2 the trainees will learn how to complete the VAT report.
Task 4 – Cash Flow statement
In this exercise we will be using the information from Task 1 and Task 2 to complete the Cash Flow statements. The trainees will understand how a company’s operations are running, where its money is coming from, and how money is being spent.
Task 5 – Budget
In this exercise the Academy participants will need to use the information from Task 2 to prepare a budget report, based on a set of pre-defined assumptions and projections. The students will also be provided with an example for some of the accounts.