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.
Our accounting mentorship and
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
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.
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).
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)
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).
The Sage 50 Accounts training course, which is part of our
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
Remote mentorship, Training &
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.
Our accounting mentorship and
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.
for the entire program or
for each level
The full fee must be settled before the start of the mentorship program.
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.
For non-graduates who opt to pay the £995 upfront, we will provide a
You can request more information about our mentoring and work experience program by completing the provided form.