ACCA Practical Work Experience (PER)

KBM Training and Recruitment provides high-quality ACCA Practical Accountancy Training in partnership with KBM Chartered Certified Accountants which is an ACCA-approved employer at Gold Level. You will gain hands-on practical training on various software such as Sage, QuickBooks, Excel, VT, Xero and many more.

We are an Association of Chartered Certified Accountants (ACCA) approved accountancy firm and all of our accountants are ACCA-qualified.

We are also a recruitment firm and we help each candidate in preparing a professional CV. We add work experience to the CV to boost employability. We arrange interviews with employers and prepare our candidates before each interview. We also provide references to potential employers to place our candidates in jobs. In 2023 we successfully placed more than 1600 candidates in accountancy jobs.

The Price Advertised is Per Software

1. Train now later options available (Applicable on the full program)
2. Flexible Payment Options Available (Applicable on the full program)

Discounted offer depends on course content, delivery method, and number of software covered

Acca Per is covered with structured programs and office-based courses only like bookkeeping and payroll, accounts assistant, and financial accountant level.

WHY KBM?

• ACCA Approved employer at Gold level
• AAT Approved training provider with the highest standards
• Firm of Chartered Certified Accountants & Registered Auditors
• Authorised and Regulated by the Financial Conduct Authority (FCA)
• Practical Accountancy Training Endorsed by the Institute of Financial Accountants
• 1 - 1 Training sessions with Qualified Accountants
• Training on Sage 50, QuickBooks, Excel and Xero
• 100% Practical training on real company files
• 100% Flexible - You choose a day & time of your own choice
• Multiple locations – Park Royal, Barking, Croydon, Birmingham, Manchester
• Regular performance reviews and job market awareness sessions
• Professional CV and Interview Preparation
• Sage 50, Sage Payroll, QuickBooks, Excel and Xero certification preparation
• Guaranteed Work Placement (with office based courses) and reference to employers
• Support with PER for ACCA / AAT / CIMA
• At the end of the Practical Accountancy Training program, you will be provided a guaranteed work placement (with office-based courses).

• Course Leaflet - > download

There are different levels of training programs that we offer.
Bookkeeping and Payroll Practical Training, suitable for entry-level jobs like sales ledger clerk, purchase ledger clerk, bookkeeper, payroll admin or accounts receivable and payable.
Accounts Assistant Practical Training, suitable for accounts assistant, finance assistant, credit controller, and assistant accountant
Financial Accountant Practical Training, suitable for Financial Accountant/Tax Accountant, and Management Accountant

We do understand that there is a gap in the theoretical knowledge and actual work you have to do in your job role. That is why employers are seeking employees with practical experience, who have worked on real documents and invoices.

At the end of the ACCA practical training program, you will be provided a guaranteed work placement.

Please see the content of our Practical Training below:-

Bookkeeping, VAT & HMRC Reporting (Sage 50, QuickBooks and Xero)

• Setting up companies using various VAT schemes, i.e Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
• Choosing the chart of accounts that suits the firm's needs and its customisation
• Understanding how double entry is applied in accounting software and how to customise the nominal ledger and nominal codes
• Setting up customers’ accounts and processing sales invoices
• Identifying errors and performing error corrections
• Allocating cash payments and receipts
• Allocating bank payments and receipts
• Performing bank reconciliation / petty cash reconciliation
• Calculating VAT for businesses with mixed zero-rated and standard-rated sales combining Sage and Excel
• Preparing the VAT return
• Reconciling the VAT return
• Submitting the VAT return to HMRC
• Dealing with HMRC queries
• VAT registration and deregistration process
• Rules regarding Cash VAT and Flat Rate VAT scheme
• Deeper understanding of Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme and VAT Retail Scheme
• VAT deadlines and penalties

Accounts Assistant Practical Training (Sage 50, QuickBooks and Xero)

• Treatment of opening balances
• Foreign currency invoices
• Treatment of different types of discounts on invoices
• Reconciliation of debtors and creditors control accounts
• Generating aged debtors and aged creditors reports for credit control purposes
• Reconciliation of VAT, PAYE and Wages control accounts
• Posting month end adjustments and journals
• Understanding accruals and processing the journal entry
• Understanding prepayments and processing the journal entry
• Maintaining fixed asset register of the organisation
• Writing off fixed assets
• Calculating depreciation using different methods
• Understanding gains and losses on disposals of assets
• Suspense account reconciliation
• Director’s loan account
• Loan amortisation account
• Treatment of dividends
• Preparing VAT using Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
• Preparing closing entries
• Preparing the Final Trial Balance
• Monthly management accounts
• Running the year-end procedures in Sage 50 Accounts to close the financial year and start a new financial year

Payroll Processing and HMRC Reporting (Sage Payroll)

• Understanding UK legislation relating to Payroll
• Registering as an employer
• Understanding Pay as you earn (PAYE) system
• NIC classes and rate
• Income tax bands and rates
• Adding employees into payroll software
• Calculating and Processing statutory payments
• Calculating and paying statutory sick pay (SSP)
• Calculating and paying statutory maternity pay (SMP)
• Calculating and paying statutory paternity pay (SPP)
• Recording absences
• Updating the payroll records with leavers and joiners
• Payment by BACS
• Yearend procedures
• Printing and Issuing pay slips to employees
• Real time information (RTI) reports
• Full payment submission (FPS)
• Employer payment summary (EPS)
• Submitting PAYE to HMRC
• Issuing P45 to employees when they leave
• Issuing P60’s to employees at the end of each tax year

Final Accounts Preparation - Sage Final Accounts (SFA)

• Initial Trail Balance and completing the final control accounts.
• Posting client and initial trail balance on Accounts Production packages
• Navigating your way around the Software
• Creating a client and amending the client database
• Posting of clients data, including current year and comparative data
• Working paper reports including lead schedules, trial balance, general ledger and audit trail
• Working efficiently with documents and posting of data, including "Copy Document"
• Entering "Disclosure data"; As per FRS 102 and other relevant standards
• Working with ROP's. Report Pads and Headings
• Report Pad formatting - producing enhanced notes and reports
• Producing draft and final financial statements
• Completing and understanding the compliance as per company's house
• Year-end process
• Making Abbreviated accounts of the company
• Finalizing the accounts and making the final file of the company for partner review
• Learning how to do filing and making indexes of the company final accounts file

Corporation Tax Returns CT600

• Understanding Corporation Tax
• Setting up for corporation tax
• Rates and reliefs
• Working out TTP’s
• Adjusting the profit figures
• Allowable and disallowed for tax purposes
• Treatment of qualifying charitable donations
• Understanding and calculating Capital Allowances
• Various pools for CA calculations
• AIA and FYA
• Dealing with Losses and Long Period of Accounts
• Trading profits basis period
• Long period of accounts
• Filling in CT600 form
• Paying corporation tax and filing company tax returns
• Deadlines for paying and filing corporation tax returns

Self-Assessment Tax Returns

• Sources of income under Self-Assessment (SA)
• Relief under SA
• Payments Concept Under SA
• National Insurance under SA
• How to calculate tax liability and tax due
• The personal tax return (SA100)
• Supplementary Returns
• Employment Income (SA102)
• Self-Employment (SA103)
• Property (SA105)

CIS Tax Returns

• Understanding what is Construction Industry Scheme
• How to register for CIS scheme Familiarization of the CIS rules and legislation
• Verify Subcontractors with different methods manually and with the use of Sage 50 CIS.
• Record work that has been completed by your subcontractors, including any materials used and tax deductions that apply.
• Entering Subcontractor Invoices/ credit notes
• Processing Subcontractor payments and deductions
• Generate your CIS monthly return
• Submitting your CIS monthly returns to HMRC
• Generate a monthly statement of tax deductions to give to your subcontractors.
• Generate your Subcontractor analysis report on monthly and Subcontractor basis
• Control who can view, create and change your subcontractor records with access Rights and passwords.
• Ensure you comply with CIS rules and minimize the possibility of incurring penalties from HM Revenue & Customs (HMRC).
• Store your records ready for an audit by HMRC.
• Sage CIS Contractor Returns
• Generating CIS Statements Update on CIS Rules

We are an Association of Chartered Certified Accountants (ACCA) approved accountancy firm and all of our accountants are ACCA-qualified.

We are also a recruitment firm and we help each candidate in preparing a professional CV. We add work experience to the CV to boost employability. We arrange interviews with employers and prepare our candidates before each interview. We also provide references to potential employers to place our candidates in jobs. In 2023 we successfully placed more than 1600 candidates in accountancy jobs.

ACCA PER Training is ideal for someone who want to be an Accountant

Association of Chartered Certified Accountants (ACCA) PER Training program is ideal for someone looking to work in Accountancy sector

Suitable for jobs like sales ledger clerk, purchase ledger clerk, bookkeeper, payroll admin or accounts receivable and payable accounts assistant, finance assistant, credit controller, and assistant accountant, Financial Accountant/Tax Accountant, and Management Accountant