Fast Track—Digital Accounting Professional | Professional Stage

The Digital Accounting Professional course is 110 hours long. This professional stage programme equips you with the competence for advanced accounting positions and provides expertise in financial and management accounting, business, and personal taxation.

This course enhances your skills and boosts your confidence in financial statement preparation, budgeting, and forecasting. Throughout the programme, you will master these skills, preparing you for the next level in your accounting career by actively applying concepts in practical situations. ACDAP's professional stage course will enhance your problem-solving abilities in the financial landscape, enabling you to thrive in various professional settings. This programme is ideal if you want to succeed in the dynamic digital accounting world.

Further, the course ensures you are well-informed about the requirements and regulations of relevant tax authorities, such as HMRC, IRD, CRA, FBR, FTA, and Revenue Commissioners, preparing you to meet the standards of tax compliance and practices in your professional role

Entry requirements

This 110-hour fast-track course is ideal for individuals who have a B.Com, BBA, an accounting degree, or any Level 3 professional accounting qualifications from AAT, ACCA, CIMA, or similar courses.

Course overview

This course offers 110 hours of practical training. You can complete it in 4 to 6 months, depending on your preferred study method. You can choose to study Online, in the Classroom, or through a combination of both, based on what works best for you. The course includes practical training in four key areas: management accounting, financial reporting, business tax, and personal tax.

Management Accounting (QuickBooks, Xero, Sage, and 50cloud)

  • Establish company structures and set up cost centres for budgeting and allocating costs.
  • Customize the chart of accounts to meet specific management needs and track performance.
  • Process financial transactions and generate reports for accurate internal reporting.
  • Create reports for budgeting and forecasting, such as profit & loss and cash flow statements.
  • Analyze financial data, identify trends, and generate reports to assist with management decision-making.
  • Manage budgets across multiple departments, including cost allocations and variance analysis.

Financial Reporting (QuickBooks, Xero, Sage, and 50cloud)

  • Set up a financial reporting framework that meets regulatory standards and business requirements.
  • Generate balance sheets, profit & loss statements, and cash flow statements for internal and external stakeholders.
  • Prepare year-end financial reports and close books at the end of each period.
  • Handle multi-currency reporting and produce consolidated financial statements.
  • Identify discrepancies in financial reports and recommend corrective actions.

Business Tax (QuickBooks, Xero, Sage, and 50cloud)

  • Implement VAT schemes (Standard, Cash Accounting, Flat Rate) in accounting software and apply them accurately.
  • Process VAT returns, including multi-currency transactions and cross-border sales.
  • Generate VAT reports, including those for imports, exports, and acquisitions.
  • Prepare and submit corporation tax returns using the relevant tax authority systems.
  • Handle complex tax calculations for mixed-rated and zero-rated sales.
  • Prepare and submit quarterly tax filings and maintain records for tax audits and compliance.

Personal Tax (QuickBooks, Xero, and Sage 50cloud)

  • Manage personal income and expenses, applying the correct tax codes and deductions.
  • Prepare and file self-assessment returns using tax software.
  • Handle employee benefits, calculate national insurance contributions, and produce personal tax calculations.
  • Process personal tax adjustments, such as allowances, deductions, and tax reliefs.
  • Understand income tax bands, calculate tax liabilities, and file personal tax returns with tax authorities.
  • Keep accurate tax records for individuals and track tax liabilities over time.

In this course, you will gain hands-on experience and build expertise in essential accounting software widely used in the industry. By the end of the programme, you will be certified in the following software, which are crucial for professionals in accounting, financial reporting, business tax, and personal tax:

  • QuickBooks: Become proficient in QuickBooks to manage invoicing, track expenses, prepare taxes, and generate financial reports. You’ll learn to create professional financial documents and navigate advanced features for effective business management.
  • Xero: Master Xero for managing daily accounting tasks, generating financial reports, and processing business and personal taxes. Gain a thorough understanding of Xero’s cloud-based features for streamlined financial management.
  • Sage 50cloud: Acquire practical skills in Sage 50cloud, a leading accounting software used by small and medium-sized businesses. Learn to manage company accounts, process payroll, generate VAT returns, and prepare year-end financial reports.

These certifications will boost your employability and provide you with the practical skills needed to use these software platforms confidently in real-world accounting situations. By completing this course, you will prove your ability to handle key accounting tasks using industry-standard tools.

  • Management Accountant
  • Accounting Technician
  • Senior Bookkeeper
  • Accounts Manager
  • Financial Analyst
  • Cost Accountant

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