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Accounting Firm Work Experience

Employment Placement Program

REQUEST MORE INFORMATION


Get Work Experience in Accounting and Finance

A New Way to Get Mentored and Kick-Start Your Career.

At Direct Placements we want to assist candidates who are entering the accounting sector for the first time, students, and those switching to a new profession. In order to deliver on these goals, we have created a sophisticated solution we refer to as Employment Placement Program (EPP). Candidates can tap into this program to receive structured mentoring from en experienced accountant. Through this they can understand and adapt to the demands of the UK job market, get mentored by an experienced accountant and gain relevant accounting work experience that will serve as their competitive edge once they start applying for work.



Practical Mentorship & Experience

Our accounting mentorship and

accounting work experience training program

opens up the opportunity for you to acquire both practical and technical abilities in the field of accounting. This will expand your learning and professional qualifications, improve your employability, and make you more adaptive to the employment market here in the UK.

We provide three experience levels for our accounting mentorship and

accounting work experience UK program

: Fundamental, Intermediate, and Advanced. The Fundamental Level is ideal if you want to brush up on your ability to perform accounting functions at a basic level. The Intermediate Level covers many of the same concepts and topics found in the Fundamental Level but at a greater depth. This is a suitable choice if you want to reinforce your basic accounting knowledge and learn how to perform more complicated accounting equations and procedures. Finally, the Advanced Level gets you up to speed on special accounting topics and procedures that will make you more adept at handling complex accounting transactions in a professional environment.

With us, you will gain the accounting firm work experience.



Depending on your accounting background and learning needs, you can pick one or two levels to complete or even undertake all three levels to make yourself a pro in accounting.



With the sophisticated structure of our accounting mentorship and

bookkeeping work experience program

, we are confident that candidates who undertake it will become more knowledgeable and proficient in accounting procedures and practices. With that, they can easily break into a career in accountancy and become an asset in today's workplace.

Put it simply, what our program brings to the table is high quality accountancy mentorship and work experience that are guaranteed to help candidates bring out the best in their accounting abilities, translate classroom learning into real life accountancy work, and enhance their employability.

Get practical work experience in Accounting and Finance by joining our work experience program.

Fundamental Level Experience

Candidates gain knowledge about basic accounting concepts and transactions. Fundamental level tasks shall also be accomplished to become more familiar with some of the simplest accounting functions and equations necessary to effectively run a business. These include the following:

  Understanding the Chart of Accounts


  Understanding the concept of Double Entry and Accrual Based Accounting System.


  Understanding the Journal Entries, Processing financial transaction in Journal Entries,


  Posting each journal entry to the relevant ledger accounts.


  Posting Ledger Accounts Balances to the Trial Balance.


  Preparing and Finalizing prep - closing Trial Balance.


  Preparing simple adjusting entries and posting it to the Adjusted Trial Balance


  Calculating Depreciation on fixed assets (simple level)


  Understanding and Preparing the Bank Reconciliation Statements at the initial level.


  Closing the quarter end and process the Financial Statements (Basic Level)


  Understanding the Profit & Loss, Balance Sheet and Cash Flow Statements


  Processing Profit & Loss, Balance Sheet and Cash Flow Statements for the Quarter Ended. (Basic Level)


  Understanding how to analyse financial statements (Basic Level)


  Understanding the Receivables and Payable Ledger Accounts and making their reconciliation. (Basic Level)


  Calculating the provision for doubtful debts and preparing necessary journal entries for the adjustment of bad debts


  Understanding what are the Invoices, Bills, Purchase Orders, Credit and Debit Notes and preparing these documents.


  Understanding the how to handle bookkeeping using Accounting Software Package


  Understanding and Preparing Simple Budgets.


Intermediate Level Experience

Candidates get to explore some of the accounting concepts covered in the fundamental level at a greater depth and delve into more complicated accounting topics. In addition, accounting tasks at an intermediate level shall be performed to further reinforce learning. After successfully completing this level, candidates will be able to handle the following things in a professional working environment:

  Understanding intermediate level Financial transactions


  Understanding intermediate level of double entry concepts.


  Processing Journal Entries for intermediate level Financial Transactions.


  Posting Intermediate Level Journal Entries to the Ledger Accounts


  Balancing Ledger Accounts with intermediate level of complexity


  Preparing pre - closing Trial Balance (Intermediate Level)


  Preparing adjusting journal entries. (Intermediate Level)


  Posting adjusting journal entries in the Trial Balance and then preparing adjusted trial balance.


  Processing intermediate level of financial reports (Profit & Loss, Balance Sheet and Cash Flow Statements).


  Calculating Depreciation on Fixed Assets and their Written Down Values (Intermediate Level).


  Calculating VAT and preparing VAT reports (intermediate level).


  Processing payroll and preparing payroll journal entries.


  Working on Accounting Software Packages using Sage 50 (Level 2).


Advanced Level Experience

Candidates examine more complex accounting topics that are closely related to business financial transactions and operations. Additionally, advanced accounting tasks with emphasis on problem solving in accounting for different business combinations and inter-company transactions need to be carried out. Completing this level shall give candidates the capacity to effectively and professionally tackle the following:

  Understanding the complex financial transactions.


  Understanding and handling the complex double entry concepts.


  Processing complex journal entries for the complex financial transactions.


  Posting complex journal entries to the Ledger Accounts.


  Balancing Ledger Accounts with advanced level of complexity


  Preparing pre - closing Trial Balance (advanced level)


  Dealing with complex adjustments at the end of the quarter and posting them to the adjusted Trial Balance.


  Preparing Advanced Level of Financial Reports (Profit & Loss, Balance Sheet, Statement of Retained Earnings and the Statement of Cash Flows).


  Calculating Depreciation on Fixed Assets and their Written Down Values (Advanced Level)


  Inventory Management.


  Preparing Bank Reconciliations Statements (Advanced Level)


  Calculating VAT and preparing advanced level VAT reports using Accounting Software Packages


  Advanced Level of Financial Statements Analysis.


  Preparing Advance Level Budgets


  Dealing with payroll processing at the advanced level.


  Handling Bookkeeping in Accounting Software Package Sage 50 at the advanced level.


  Preparing Invoices, Bills, Purchase Orders, Credit and Debit Notes (Advanced Level).





Sage 50

The Sage 50 Accounts training course, which is part of our

accounting work experience program

, is intended to give would-be accounting professionals the ability to effectively use the software in preparing and presenting complete, accurate, and up to date financial information that businesses can use to make sound decisions.

Whilst we have designed the

bookkeeping work experience

training course to suit candidates with little to no background in manual bookkeeping, having knowledge of the said subject is ideal to begin this course. That way, candidates easily navigate their way around the system, pick up more strategies to customise the use of the software, and quickly demonstrate their proficiency in using Sage 50.

It doesn't matter if you are a small business owner or someone aspiring to become an accounting professional.

This accounting work experience training

course is worth undertaking, as it will enable you to take charge of business accounts in a proper and more efficient way.

What will you learn?

Within this

accounting firm work experience

training course is a wide range of information and tools that will teach you how to properly use Sage 50 in dealing with various accounting functions. As you go through it, you will discover how to perform basic tasks like setting up company details, creating nominal ledger, and managing suppliers and customers' accounts. You will also learn how to make corrections, process sales and purchase orders, post transactions, reconcile bank accounts, and much more.



The Sage course includes:


  Introduction to Sage 50 Account


  The three incorporated ledger systems-Nominal, Purchases, and Sales


  Techniques and connotations for standard VAT and VAT cash accounting


  Recording product/service credit and invoice notes


  Key strategies for data restoration, backup, verification, and checking


  Best practices for posting errors and overturning transactions


  Reconciling bank accounts against bank statements in Sage 50


  Set up, customise, and test new user access


  Learn how to enter opening balances and budget reports, print and prepare trial balance, and set up opening assets and capital balances and liabilities


  Tackling payments and banking, producing statements, and managing payroll reconciliation and petty cash


  Understanding audit trails, making corrections to basic entry errors, and reconciling creditors and debtors


  Find out how to create sales credit notes, process of credit notes purchase, and making stock records adjustments


  Making sense of sales orders and price lists, processing sales orders, and stock management of purchase orders


  VAT return checking and reconciliation and profit and loss production


  Preparing balance sheet for management accounting, checking budget figures, and performing year end procedures



Benefits of the Mentorship Program



   Remote mentorship, Training &

Accounting Work Experience

with partner accounting firms.



  In-house recruitment facilities to help secure employment and interviews.



  Sage computerised bookkeeping



  Certification on completion for Sage 50.



  Reference & recommendation letters provided by Partner accounting firms.



  FREE career accounting coaching program & pre-interview screening tests, increasingly used by employers to select candidates



  30 day Trial Sage software*



  Each mentorship program has a maximum of 10 candidates delivered in a friendly remote way which allows candidates to study full time, work full time and still gain the work experience they need.



  Candidates can ask questions and raise issues freely with their mentor. You can be assured that you will receive one to one individual attention from our team.





Who is this suited for?

Our accounting mentorship and

accounting work experience

program runs for three (3) full months to ensure that candidates will gain its full benefits. It is best suited for:

  Those who are to new to computerised accounting and payroll or have no previous accounting and payroll experience or qualification, but are keen to learn the subjects so they can manage their own accounts and carry out payroll procedures later on.



  Individuals who have accounting and payroll experience overseas, but are interested to practice here in the UK.



  Those currently undertaking accountancy- or payroll-related qualifications (e.g. ACCA, AAT, FIA, CIMA, CIPFA), but have no relevant experience in handling accounting or payroll functions.



  Small business owners or regular staff who wants to build their accounting and payroll skills and experience so they can grow their business or assist in their company's accounting and payroll functions.



Prices





For Students and University Graduates

Pay only

£495

for the entire program or

£295

for each level

The full fee must be settled before the start of the mentorship program.


For Non-Graduates

Pay

£995

for the entire program



Settle £495 before the start of the mentorship program and pay the remaining balance in two monthly instalments of £250/month.





Fully Payment Discount

For non-graduates who opt to pay the £995 upfront, we will provide a

15%

DISCOUNT

REQUEST MORE INFORMATION

You can request more information about our mentoring and work experience program by completing the provided form.