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Accountancy Intermediate Apprenticeship at Truro and Penwith College

Course description

You’ll develop your skills in finance administration: double-entry bookkeeping, basic costing principles and purchase, sales and general ledgers.

Course content

Basic Costing

  • Understanding an organisation’s cost recording system and using it to record or extract data
  • Use of spreadsheets to convey information on actual and budgeted income and expenditure.

Computerised accounting

  • Entering data at the start of an accounting period to set up customer and supplier accounts
  • Recording and processing customer and supplier transactions
  • Recording and reconciling bank and cash transactions
  • Processing and using journals to enter accounting transactions
  • Production of reports (day books, account activity, aged analysis, statements or remittance advice).

Work effectively in accounting and finance

  • Understanding an organisation’s accounting or payroll function
  • Using numeracy and literacy communication skills
  • Working independently or in a team to prioritise tasks and manage colleagues’ responsibilities
  • Understanding ethical values, principles and importance of confidentiality
  • Understanding and explaining benefits to organisations of sustainable values.

Processing bookkeeping transactions

  • Understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions
  • Understanding discounts and settlement, trade and bulk discount differences
  • Preparing and processing customer and supplier invoices and credit notes
  • Totalling and balancing a 3-column analysed cash book
  • Totalling, balancing and reconciling petty cash records within an analysed petty cash book
  • Processing ledger transactions and extracting a trial balance.

Control accounts, journals and the banking system

  • Understanding the purpose and use of control accounts and journals
  • Maintaining and using control accounts and the journal
  • Reconciling a bank statement with the cash book
  • Understanding the banking process and main services of banks and building societies
  • Understanding requirements of retention and storage relating to banking documents.

Future opportunities

On completion of the Intermediate Apprenticeship, you’ll be awarded with the Level 2 Certificate in Accounting.

How to apply

If you want to apply for this course, you will need to contact Truro and Penwith College directly.

Last updated date: 15 June 2016

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