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Recommended Course for accounts preparation??

Can anyone please recommend a course for accounts preparation? from trial balance to final accounts

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I have been a bookkeeper for a number of years, dealing with various types of clients. I studied accounting at university but that knowledge i need to refresh now 

i have seen a role which involves bookkeeping to final accounts preparation. I want to take on this role as im confident i can pick this up in no time but would like to take a online course or book on where i can fast track myself to be able to go from bookkeeping to trial balance to final accounts preparation. In addition to reviewing corporation tax calculations

This new job doesnt involve as much bookkeeping as clients update thier own records via Xero, i shall have to review the bookkeeping and then prepare trial balance and move onto software Taxcalc

can anyone please help?

thanks in advance 

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By williams lester accountants
05th Mar 2021 11:10

https://www.icaew.com/membership. This should do it.

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By I'msorryIhaven'taclue
05th Mar 2021 11:32

In the bookkeeping package you are using:

Go to "Reports", "Print TB", and press "Print Now";

Then go to "Reports", "Print Accounts", and press "Print Now".

Alternatively, if using Quickbooks Online, simply lie on a hammock and say into your phone "Siri, print accounts".

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Replying to I'msorryIhaven'taclue:
A Putey FACA
By Arthur Putey
05th Mar 2021 11:39

Spookily that was my dream the other night. I had spent the day convincing myself that I could go abroad and still make a decent living with most of my clients remaining in blissful ignorance as long as I tell them the Meditteranean backdrop is just Zoom wallpaper and that's my wife doing a Spanish lesson in the background.

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Replying to Arthur Putey:
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By I'msorryIhaven'taclue
05th Mar 2021 15:22

Minorca's the go-to place for techies and IT contractors. There's plenty of opportunity for an up-and-coming lion tamer like you!

Just sign your clients up to ManyanaBooks, and buy a sombrero so they don't notice when you're asleep.

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A Putey FACA
By Arthur Putey
05th Mar 2021 11:36

Frank Wood's Business Accounting was good enough for many of us old timers. As a refresher I read Financial Accounting For Dummies by the esteemed Steve Collings. I hear there is something newfangled called FRS102 that you should probably also know about.

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Replying to Arthur Putey:
By Duggimon
05th Mar 2021 11:43

FRS102 is just UK GAAP with the useful bits taken out, I wouldn't worry about it.

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Replying to Duggimon:
A Putey FACA
By Arthur Putey
05th Mar 2021 12:43

I am reassured. What's FRS105 then?

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Replying to Arthur Putey:
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By Paul Crowley
05th Mar 2021 15:18

Based on accounts I see from others

Do what you like, nobody cares.

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Replying to Arthur Putey:
Melchett
By thestudyman
06th Mar 2021 08:20

Quote:

I am reassured. What's FRS105 then?

The wild west.

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Replying to Arthur Putey:
By ireallyshouldknowthisbut
05th Mar 2021 14:54

A double thumbs up for Frank Woods

Pretty much any edition you can pick up second hand will do. I you get 1 & 2 that takes you quite deep in, so you can pick your current level and work up from there.

it was very "old school" when I looked at it 35+ years ago but its good.

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By Tax Dragon
05th Mar 2021 11:55

Contact this member https://www.accountingweb.co.uk/profile/kia2094 and offer to go halves on the cost.

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Replying to Tax Dragon:
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By Paul Crowley
05th Mar 2021 12:41

Brilliant

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Replying to Tax Dragon:
A Putey FACA
By Arthur Putey
05th Mar 2021 12:45

Don't forget to mention setting up an EIS scheme and also the millions in R&D tax credits if you structure it right.

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By snickersinatwix
05th Mar 2021 12:31

this is not cheap but this company might do something else that fits the bill

https://www.mercia-group.co.uk/train-overview/train-listing/train-produc...

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By JD
05th Mar 2021 15:12

A) qualifying as an accountant and gaining the relevant practice experience, or
B) listen to the complete........ that cloud software companies and some of the cloud blinded A'Web inhouse writers like to provide.

Another vote for fond memories of Frank Wood Books.

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By frankfx
05th Mar 2021 15:55

https://kfknowledgebank.kaplan.co.uk/acca/chapter-9-from-trial-balance-t...

Or similar.

Ultimately a good mentor is preferable, aligned with good study material.
Allowing you to " question" your mentor's guidance.

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boxfile
By spilly
05th Mar 2021 19:42

It might be worth seeing if your local technical college runs anything. I did the beginning of my ACCA study at one as I was self-funding and it was less than half the fees of anywhere else. It does depend on how good the tutors are though; think I got a bit lucky on that.
Big thumbs up for Frank Woods as well, still got 1 & 2 kicking around somewhere.

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