How your accounts are prepared. What they mean to you, your creditors and the Inland Revenue.
Introduction
What is Profit?
The Profit and Loss Account
The Balance Sheet
Build your own Accounts
What do my Accounts tell me?
What should my Accountant do for me?
Working out your Tax
Styles of Trading
On completion of your course, you will receive two qualifications:
Qualification 1: Annual Accounts and the Inland Revenue (Skills Course) Certificate
Annual Accounts and the Inland Revenue (Skills Course) Certificate issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Cert after your name.
Qualification 2: ASET Level 1 Annual Accounts and the Inland Revenue (Skills Course) Award
This Course leads to an ASET Level 1 Award Certificate for successful learners. That means that it is independantly accredited at a level of learning equivalent to level 1 on the National Qualifications Framework (NFQ) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3).
The Award has been designed by a learning provider to meet specific learners' or employers' requirements and as such is not listed as a qualification on NQF. While the duration, content or assessment may vary from similar national qualifications, in accrediting the programme at level 1, ASET attests that its learning outcomes are at an equivalent level to a level 1 national qualification.
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 20 hrs.
Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.
What's Included
What is ASET
ASET is a recognised National Awarding Body.
This course is accredited by ASET and comprises one module of the Certificate in Business Skills award. You need to complete any five (Skills Courses) in order to gain the full ASET award.