Preparing and Finalising Accounts

The course is intended to ensure any basic problems or misunderstandings are eliminated at an early stage and to give a complete overview of preparing and finalising accounts from start to finish.

This on demand session revolves around a case study where participants will develop skills in:

• Preparing working papers and control accounts for a partnership client
• Interpreting draft accounts, including identification of problem areas
• Identifying questions to raise with the client
• Establishing journal entries that may be required to finalise a set of accounts
• Completing a sense check of the accounts

The course is suitable for anyone who has knowledge of the principles of bookkeeping and has been involved in accounts preparation assignments for between 3 and 9 months.

Please note that this course works on a set of basis partnership accounts – Limited company accounts are covered in Understanding Company Accounts and Accounts finalisation and Interviewing Skills.