Practical Accounting Course
Practical Accounting Course
General information. Practical Accounting Course
Total amount of training: 184 acad. hours, including the volume of classroom and practical work of 144 acad. hours and independent work of 40 acad. hours
Study group (ISCED): Accounting
Language: Russian, English
Course group: up to 10 people
The course program of Practical Accounting Course is based on the professional standard “Accountants” of the European classifier of professions ESCO (European Skills, Competences, Qualifications and Occupations)
Teaching methodology
The training consists of lectures that are held online in ZOOM. For the demonstration of the practical work are used video materials.
Educational materials. Practical Accounting Course
Each student receives learning materials in PDF Format. The student receives the learning materials after paying for the tuition and crediting the payment to the current account of the education centre. After receiving the payment, the education centre provides the student with access to the personal account. The student’s learning materials are located in the personal account. Video materials are sent in the appropriate video format. The cost of training materials is included in the course price.
Description of the learning environment
Training is conducted online via ZOOM.
Conditions of graduation
The course is considered as completed, after the student has passed all the subjects prescribed in the curriculum, in the amount provided by the curriculum. The exam is conducted in the form of an examination test according to the course program. The exam is counted as passed if the student has completed at least 60% of all tasks of the test. At the end of the course, the student receives a certificate of completion or certificate of attendance of the course.
Documents the student receives
A certificate of completion of the course is issued if the student has attended at least 70% of the classes, completed at least 70% of the homework and independent work and/or passed the course exam. If a student attended less than 70% of classes, completed less than 70% of homework and/or did not pass the course exam, then upon completion of the course he will be issued a certificate of attendance of the course.
The certificate of completion of the course contains the student’s personal data and school data, learning outcomes (knowledge and practical skills that the student has acquired as a result of the training), the scope of the curriculum, the period of study, a list of teachers.
The certificate of attendance of the course contains the student’s personal data, school data, the number of academic hours of study attended by the student, the period of study, a list of teachers.
Both certificates are issued in English.
A graduate of the practical accounting course conducts accounting records of the company, including the preparation of primary documentation and monthly reporting in accordance with the requirements of IFRS.
The Practical Accounting course is designed for those
- who do not have work experience in the specialty;
- for accountants who have education and experience, but do not know IFRS and want to learn how to conduct accounting in accordance with the requirements of IFRS.
The trainee has the following knowledge and skills:
– is able to draw up internal rules for the organization of accounting of the company;
– knows how to draw up internal regulations;
– knows the rules for reflecting the main business transactions in accordance with the requirements of IFRS;
– is able to create accounting documents and make calculations;
– is able to draw up monthly and annual financial statements;
– is able to make a company budget;
– is able to organize accounting of the enterprise from scratch.
Course program. Practical Accounting Course online
1. Organization of accounting of the enterprise (8 acad. hours)
1.1. IFRS requirements for the organization of accounting of the enterprise
1.2. Development of accounting rules for the enterprise. Preparation and maintenance of accounting in accordance with IFRS
1.3. Drawing up internal regulations. Documents and procedure of internal control. Objectives and methods of internal control
1.4. Preparation of accounting certificates and documents. Informing management about changes in legislation, accounting, and financial statements. Responsibility of the accountant
2. Rules for the compilation and analysis of accounting entries (8 acad. hours)
3. Documentation and registration of economic transactions (20 acad. hours)
3.1. Documentation and registration of day-to-day business transactions. Accounting principles in the accounting of the enterprise
3.2. Accounting of income and expenses for activities
3.3. Registration of buyers’ invoices
3.4. Vendor Invoice Registration
3.5. Execution of payment documents
3.6. Bank Statement Processing
3.7. Preparation of other documents
3.8 Accounting for current property
3.9. Accounting for major equipment
3.10. Inventory and reporting
3.11. Reflection of loan agreements in accounting
3.12. Reflection in the accounting of other transactions
4. Payroll calculation and accounting of payroll expenses (12 acad. hours)
5. Accrual of other payments to individuals and legal entities (8 acad. hours)
6. Inventory of accounts receivable and payable balances (4 acad. hours)
7. Preparation of annual financial statements based on IFRS (12 acad. hours)
7.1. Micro-enterprise
7.2. Small enterprise
7.3. Medium-sized enterprise
8. Taxation (20 acad. hours)
8.1. Collection and systematization of data necessary for tax accounting.
8.2. Filling in and filing tax returns
8.3. Registration in the registers of the tax authority (including TÖR, register of non-residents, VAT).
9. Management accounting (20 acad. hours)
9.1. Cost collection, classification, and analysis. Methods of cost calculation.
9.2. Budgeting
9.3. Analysis of financial statements
9.4. Horizontal and vertical analysis
9.5. Analysis of coefficients
9.6. Cost-volume-profit analysis
10. Practical works “Organization of accounting of the enterprise on the basis of the requirements of the Law on Accounting” (32 acad. hours)
Register for the course
Send a request
