Final Accounts Training

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Final accounts preparation is a cornerstone of UK financial compliance, ensuring businesses meet legal obligations and stakeholders receive accurate financial insights. This Final Accounts Training equips learners with the expertise to compile year-end statements, including profit & loss accounts, balance sheets, and cash flow statements, in line with UK GAAP and FRS 102. Designed for accounting professionals and career-changers, the course combines theoretical knowledge with hands-on practice using tools like Sage, QuickBooks, and Excel, preparing participants for roles in accountancy firms, corporate finance teams, or self-employment.

From drafting statutory accounts to submitting filings with Companies House, the training covers critical processes like depreciation calculations, tax adjustments, and audit preparation. Learners gain proficiency in reconciling ledgers, managing disclosures, and adhering to HMRC’s CT600 requirements. Ideal for those pursuing AAT qualifications or enhancing their accounting career, this course ensures confidence in delivering compliant, error-free financial reports.

Enhance your accounting expertise through innovative, entrepreneurial and creative modules

Undertake an optional marketing placement to boost your career progression prospects

Why should I Choose this Final Accounts Training?

  • Accredited certification recognised by UK employers and professional bodies.

  • Practical training using Sage, QuickBooks, and HMRC-compliant templates.

  • Expert tutors with 10+ years of UK final accounts experience.

  • Flexible online learning with 24/7 access to resources.

  • Updated content covering 2024 FRS 102 and Companies Act amendments.

  • Dedicated job support, including interview preparation guides.

This course focuses on UK-specific final accounts processes, blending technical compliance with real-world scenarios. Employers prioritise candidates with hands-on experience in statutory reporting, making this training essential for roles in accountancy practices or corporate finance.

Course breakdown

Module 1
Module 2
Module 3
Module 4
Final Accounts Fundamentals
Role of final accounts in UK business compliance.
Key financial statements: P&L, balance sheet, cash flow.
Understanding UK GAAP vs. FRS 102.
Chart of accounts setup and ledger reconciliation.
Accruals, prepayments, and deferred income.
Fixed asset registers and depreciation methods (straight-line, reducing balance).
Introduction to Companies House filing requirements.
Adjustments & Tax Computations
Year-end adjustments for bad debts and provisions.
Calculating corporation tax (CT600) and deferred tax.
Dividend distributions and retained earnings.
VAT reconciliation for final accounts.
Handling disallowable expenses under HMRC rules.
Group accounts and consolidation basics.
Intercompany transactions and eliminations.
Compliance & Statutory Reporting
Preparing statutory accounts for small/large companies.
Directors’ reports and auditor requirements.
Disclosures under FRS 102 and FRS 105.
Submitting accounts to Companies House and HMRC.
Managing abbreviated accounts for micro-entities.
Audit preparation and working papers.
Common errors triggering HMRC investigations.
Advanced Techniques & Software
Using Sage/QuickBooks for automated final accounts.
Cash flow forecasting and liquidity analysis.
Handling complex group consolidations.
ESG reporting integration.
Post-Brexit adjustments for international trade.
Case studies: Insolvency and going concern issues.
Final review and stakeholder presentation skills.

Key information

Accredited certification boosts employability in UK accountancy.
Master Sage, QuickBooks, and FRS 102 reporting.
Skills aligned with AAT Level 4 and ACCA qualifications.
Flexible learning with lifetime access to updates.
Practical assignments mirroring real client accounts.
Free templates for CT600, P&L, and balance sheets.
Networking opportunities via industry forums.

Support and Assistance

When you enrol in the online Final Accounts Course, you can communicate with our trainers and student support services. This will allow you to ask questions and receive help as needed. Connecting with the trainers and support services can enhance your learning experience and ensure your success in the program. Our friendly support team want you to succeed in your training and achieve the best possible grade.

The student support team is full-time and available to help all students. They offer support services through email, live chat, WhatsApp group, and telephone. You can reach out to them for assistance. They are available through various communication channels. Online final accounts training is compatible with all primary internet browsers, search engines, and mobile devices. You need a good internet connection.

Our trainees have successfully transitioned into fulfilling accounting careers, thanks to the comprehensive training for final accounts and support provided by Professional Careers Training & Recruitment. Here’s what some of our satisfied trainees have to say

Work placements

Work placements are vital for gaining real-life experience and for building your confidence and skills before you finish your course – and they may even lead to a job when you complete the certification. Our HIRED team can help you find the ideal placement for you.

Job Roles After Training:

 

Financial Accountant: £32,000–£50,000
Accounts Manager: £35,000–£55,000
Tax Accountant: £30,000–£45,000
Audit Assistant: £25,000–£35,000
Practice Accountant: £28,000–£42,000

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100% of our candidates secure roles within 3 months

Frequently Asked Questions

Prerequisites?

Basic bookkeeping knowledge; no formal qualifications required.

FRS 102 compliance?

Yes, aligned with 2024 updates.

Course duration?

Self-paced; average completion in 8–12 weeks.

Software included?

Free trials for Sage/QuickBooks; no extra fees.

Certification validity?

Lifetime, with optional annual updates.

Job support?

Includes CV templates and LinkedIn profile reviews.

Corporate packages?

Discounts for teams of 3+ learners.