Accounting for Legal Practitioners

The aim of the accounting certificate is to meet the training needs of those dealing with the preparation and/or use of the annual partnership or limited company accounts in the legal and other professions. It is not intended that this course cover company accounts in more than general principles.

CONTENTS:

• From Ledger Accounts to Trial Balance
• Introduction to the Framework of Accounting
• Basic Sole Trader Profit and Loss Account and Balance Sheet
• Basic Accounting Adjustments
• More Complex Accounting Adjustments
• Partnership Accounts
• Partnership Accounts: Alteration Arising on Changes of Partners
• Financial Reporting Standards
• Limited Companies
• Outline of Company Accounts
• Auditing and Interpretation of Financial Statements

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.